15.07.2015 - CIC completes $1.4 billion acquisition of Belgian, French shopping centers
China’s largest state investment fund has bought 10 shopping centers in France and Belgium for about €1.3 billion ($1.44 billion), one of its biggest acquisitions in Europe. China Investment Corp., along with affiliate AEW Europe, bought the portfolio of malls from CBRE Global Investors, according to company statements. Chinese investors have been scooping up international property in a push to diversify their holdings. In Europe, they have purchased $4.7 billion of real estate in the past 12 months, including this latest CIC deal, according to Real Capital Analytics data...............................................Full Article: Source
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