Chinese Sovereign Fund to Become Major Landlord in Sydney Office Market
Posted on 07/28/2015
Globally, record low interest rates have intensified sovereign wealth funds thirst for yield. The China Investment Corporation (CIC), through its unit CIC International, has won the bidding for Investa Property Group’s portfolio of nine office towers known as Investa Property Trust. The offices are mostly located in Sydney with some allocation to Melbourne. Some of […]
- Abu Dhabi Investment Authority
- Australia
- China Investment Corporation
- DEXUS
- Investa Property
- Morgan Stanley
- real assets
- Real Estate
- Sydney
- UBS
