09.11.2012 - China’s CIC in GBP245 mln RE deal
China Investment Corporation (CIC), the PRC's $480 billion sovereign wealth fund, has completed its first direct office acquisition in London, according to reports in the UK national and property press. The $480 billion state fund and joint venture partner Invesco Real Estate completed the purchase of Winchester House in the City of London for £245 million (€307.45 million; $391.88 million) from German open-ended fund manager KanAm...............................................Full Article: Source
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