15.03.2010 - US mall bidders eye SWF support
From FT Alphaville: The rival bidders for General Growth Properties, the bankrupt owner of some of the most high-profile shopping malls in the US, are seeking financial support from sovereign wealth funds in the Middle East and Asia, according to people familiar with the matter. Talks between the bidders and the foreign investors remain in the early stages but highlight the growing risk appetite of the world’s leading SWFs as well as their interest in finding bargains in the beleaguered US commercial property market..........................................Full Article: Source
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