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UBS plans to expand into China commercial property

It may partner with a developer or a company with an ability to source existing assets

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Diversifying: Residential and office buildings under construction in Anhui province, China. Office, retail and industrial properties are 'where investor demand is certainly moving to' in China, says UBS. - PHOTO: REUTERS

[SYDNEY] UBS AG, Switzerland's biggest bank, is planning to expand its Chinese property investment business with a move into commercial real estate. Office, retail and industrial properties are "where investor demand is certainly moving to" in China, Trevor Cooke, head of global real estate for