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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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Published Fri, Jul 3, 2015 · 09:50 PM

    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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