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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

China wealth fund to splash $300mln on three-tower complex

Posted on 18 November 2013

China’s sovereign wealth fund, the $US500 billion ($535bn) Chinese Investment Corporation, is poised to enter Australia’s direct property market by buying into Sydney’s three-tower Centennial Plaza complex in Elizabeth Street in a near $300 million play.
The deal is one of about $900m worth of moves for Sydney towers by international groups that are expected to close shortly………………………………………..Full Article: Source


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