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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

CIC set to buy London business park from Blackstone

Posted on 11 November 2013

China Investment Corporation is set to buy Chiswick Park, a west-London office development, from U.S. private equity group Blackstone for about 800 million pounds, the Financial Times reported, citing people familiar with the matter. The talks are at an advanced stage and a deal could be finalised before end of November, the FT said
If successful, the deal would be the second acquisition by CIC in the UK property market after it bought Deutsche Bank’s City of London headquarters last year, the newspaper added………………………………………..Full Article: Source


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