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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

China’s wealth fund bids on U.K. Blackstone campus

Posted on 02 January 2013

China’s sovereign wealth fund is among a trio of Asian investors vying to buy an 800-million-pound ($1.29 billion) London office campus from Blackstone Group in what would be the U.K.’s highest-value property deal since the start of the financial crisis.
China Investment Corp. and government-backed funds from South Korea and Malaysia have put forth bids for Chiswick Park, Blackstone’s 1.1-million-square-foot development, the FT reported, citing unnamed people familiar with the process………………………………………..Full Article: Source


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