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UBS moves into Australia with A$10b venture

Friday, December 13, 2013 - 06:00

[SYDNEY] UBS AG, Switzerland's biggest bank, is entering Australia's property market to invest as much as A$10 billion (S$11.3 billion) over the next five years through a joint venture with a local developer. The bank, which now only holds property shares in the country, is partnering with

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