Blackstone, rivals, eye $1 billion China commercial property

Article Date : 17 August 2008
News Section: China

Global buyout funds and property investors including Blackstone Group are vying to buy up to four commercial buildings in Shanghai for as much as $1 billion. Super Ocean Group has put a package of four buildings on sale as it seeks cash to support its growth in other sectors. The four buildings to be sold by Super...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/realestate/2008/08/18/blackstone-rivals-eye-1-billion-china-commercial-property.html

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