Deals & Dealmakers - 9th December 08

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    clpstaff &clp articles

    A closer look at the latest deals completed in China

    Grosvenor's shopping centre venture
    London-based Grosvenor has set up a joint venture with Vega Property Group to establish the US$250 million Grosvenor Vega-China Retail Fund.

    The fund will focus on investments in shopping centres and mixed-use projects in cities including Shanghai, Beijing, Guangzhou, Tianjin, Chengdu and Nanjing. It hopes for returns of up to 20%.

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