| From Propertywire.com: Chinese real estate investors are increasing looking to the commercial property market in London as they put money into UK companies and embark on new ventures. China Investment Corporation supported Songbird PLC, the main owner of Canary Wharf, in its equity raising to pay its GBP880 million loan from Citigroup.
‘An increasing number of Chinese investors and occupiers have firmly set their sights on the City and Chinese occupiers and investors are now starting to represent potentially the biggest opportunity for the City office market,’ said Deborah Hayward, senior research associate at property consultancy King Sturge.........................................Full Article: Source
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