| In its latest annual report, released in July, China Investment Corporation (CIC) highlights how important global real estate has become to the sovereign wealth fund’s investment strategy. “For long-term asset investment, we ramped up investments in assets that generate stable returns such as real estate and infrastructure,” notes CIC.
To date, it says, that has translated into more than 40 real estate investments across North America, Europe, Asia and Oceania. According to news reports, CIC – one of the world’s largest asset owners – has invested more than US$5.5 billion in property developments since 2013...............................................Full Article: Source
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