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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Chinese funds eyeing overseas realty buys?

Posted on 07 July 2009

From Chinadaily.com.cn: Last month, China Investment Corp (CIC), the nation’s $200 billion sovereign wealth fund, announced plans to commit A$200 million ($159.3 million0, for an 8 percent equity stake, to the A$485 million financing plan of Australian property trust Goodman Group.

This is the first time that CIC is investing in the real estate sector………Full Article: Source


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