China Vanke’s V Capital To Buy Shanghai’s Central Plaza From Carlyle For $369M

propertyV Capital, a real estate investment fund established by Chinese residential property giant Vanke, is to acquire Shanghai's Central Plaza from private equity firm Carlyle Group for around RMB2.46 billion (US$369 million), according to media reports. This is the first major deal announced by the two parties after they signed a memorandum of understanding for […]

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Read the original article: China Money Network