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Allianz to boost China property investment, launches mall fund

It's betting high-end outlet shopping in China will continue to grow despite threats from online stores and a slowing economy

Published Fri, Nov 17, 2017 · 09:50 PM
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Shanghai

ALLIANZ plans to boost real estate investment in China, announcing on Friday the launch of a US$750 million fund that targets malls in major cities such as Shanghai and Beijing.

The German insurer and asset manager is betting high-end outlet shopping in China will continue to grow despite threats from online stores and a slowing economy.

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