28.10.2008 - Grosvenor to buy a ride on the Chinese dragon
From IPE: Grosvenor, the London-based group of international property investment, development and fund management businesses, has launched a $600m (€468.7m) China retail fund. The Grosvenor Vega China Retail Fund, which completed its first round of fundraising from US and European investors last month, is looking to buy shopping centres in Beijing, Shanghai, Ghangzhou and Shenzhen and hopes to achieve returns of 18-20%..... Full Article: Source
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