Deals
China Wealth Fund Buys $1.4 Billion of European Properties
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China’s sovereign wealth fund bought retail properties in France and Belgium valued at about 1.3 billion euros ($1.4 billion) from a fund managed by CBRE Global Investors.
China Investment Corp. acquired the properties with affiliates of AEW Europe, according to a statement Monday. The deal includes two shopping centers near Antwerp, Belgium, as well as malls, a retail park and other stores across France, CBRE Global Investors said.