Perennial Real Estate expands into China healthcare sector
It takes 40% stake in joint venture with a unit of China Boai Medical Group
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Singapore
PERENNIAL Real Estate Holdings (PREH) has jumped on the bandwagon of China's rapidly growing medical and healthcare industry.
The mainboard-listed and Singapore-headquartered company has embarked on a joint venture (JV) with one of the largest private medical groups in China - a move that adds healthcare real estate to its portfolio.
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