Business
China sovereign fund eyes $1.4b exit at Sydney’s Grosvenor Place – The Australian Financial Review
The move by China investment Corporation to pull out of its Sydney tower comes amid heightened tensions between Canberra and…
Despite CICs being an investor in the tower, Foreign Investment Review Board approval for the further acquisition which would have given it a 75 per cent hold on the building took more than six months. Permission was granted in late June and the Chinese…
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