| China Investment Corporation (CIC) is close to making the first major Chinese investment in French real estate, after submitting a $1.2 billion bid for a portfolio of shopping malls belonging to CBRE Global Investors.
The $653 billion sovereign wealth fund is reported by Paris’ Le Figaro to have outbid French commercial property company Unibail-Rodamco and Dutch real estate investment firm, Weredlhave for the fleet of 10 shopping centres in France and Belgium...............................................Full Article: Source
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