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Chinese tycoon Tong Jinquan sells substantial stake in IReit Global to key unitholders Tikehau, CDL

Published Tue, Apr 7, 2020 · 09:50 PM
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Singapore

CHINESE tycoon Tong Jinquan has sold a substantial stake in IReit Global to the real estate investment trust's key unitholders and strategic partners, Tikehau Capital and City Developments (CDL), for S$64 million.

A Tuesday announcement said that French asset management and investment group Tikehau Capital has raised its stake to 29.2 …

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