China Investment Corporation (CIC) is set to buy a London office project from Blackstone for more than US$1.28 billion (GBP 800 million) according to a report in the Financial Times.
CIC was first said to be in talks about acquiring… Read More>>
London Expects Surge in Chinese Investment Following New Policy
New rules which allow Chinese funds to invest up to 15 percent of their cash overseas has property agents in the London and other major real estate destinations getting ready to sell to Chinese financial institutions.
Just last week, China’s… Read More>>
China’s Government Jumps into Global Real Estate Investment with Blackstone
According to reports in the Wall Street Journal and the official China Daily, China’s government has made an investment of more than US$500 million into Blackstone Real Estate Partners VII, a private equity fund active in in commercial real estate.
While there… Read More>>