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Sovereign Wealth Funds Briefing - Categorized | Investment

NZ malls’ ownership under review

Posted on 02 July 2014

Rumours are flying as to whether the new owner of Westfield’s shopping malls might sell half or more of its New Zealand portfolio. Scentre Group listed on the ASX yesterday after being created out of a restructure of Westfield’s New Zealand and Australian retail assets.
The rumours were that Singapore’s sovereign wealth fund, GIC, and Canadian pension fund CPPIB were keen to acquire a stake, he said………………………………………..Full Article: Source


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