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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

CIC in second London property deal

Posted on 12 November 2013

China Investment Corporation is closing a deal to buy Chiswick Park, a West London office development, from US private equity group Blackstone for about 800 million (HK$9.9 billion).
The acquisition of the 13.3-hectare business park may be finalized within the month, according to the Financial Times.Tenants include Pepsi, Swarovski and TV broadcaster QVC. If successful, the deal would become the most expensive investment in Europe by China’s sovereign wealth fund………………………………………..Full Article: Source


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