China: CARLYLE TO SELL SHANGHAI’S CENTRAL PLAZA TO VANKE FOR $369 MIL

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China Vanke plans to buy the Central Plaza office tower in Shanghai from Carlyle Group for RMB 2.46 billion ($368.94 million), according to media reports. Should the deal be completed it would be the third time the building has changed hands in the past decade.

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Source : China: CARLYLE TO SELL SHANGHAI’S CENTRAL PLAZA TO VANKE FOR $369 MIL