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China govt fund pays bulk of US$1b for Tokyo landmark

Saturday, February 14, 2015 - 05:50

Tokyo

CHINA'S sovereign wealth fund China Investment Corp (CIC) provided most of the capital for a more than US$1 billion purchase of Tokyo's landmark property Meguro Gajoen from Mori Trust Co, in China's largest investment in Japanese property, advisers said.

Earlier this week,

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