16.01.2014 - Chinese investors go on property buying spree in Europe
Mainland investments in the European property market tripled last year, with Britain and Germany as the top destinations, and the momentum is likely to continue this year. Insurers, developers and wealthy individuals have joined China's sovereign wealth fund in seeking to diversify their assets outside Asia, research firm Real Capital Analytics (RCA) said. China Investment Corp, the country's US$575 billion sovereign wealth fund, this month agreed to buy Chiswick Park, a West London office development, from US private equity group Blackstone for about €917 million...............................................Full Article: Source
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