Treasury Holdings’s subsidiary buys 7.2% stake in real estate firm

Article Date : 02 December 2008
News Section: China

China Real Estate Opportunities (CREO), the Treasury Holdings subsidiary, has acquired a 7.21pc stake in RREEF China Commercial Trust (RREEF CCT) which owns a $552 million office and retail complex in the Chinese capital Beijing. Located in the Chaoyang District of Beijing, the property known as the Beijing Gateway Plaza, is considered a strong performing asset...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/realestate/2008/12/03/treasury-holdingss-subsidiary-buys-72-stake-in-real-estate-firm.html

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