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13-02-2023, 05:01 PM
News 4 January 2023
"New York-headquartered real estate giant Tishman Speyer has sold a 10-building office campus in China to Singapore’s CapitaLand Investment for 7.6 billion yuan ($1.1 billion; €1.04 billion), PERE can reveal.
Despite the transaction occurring during a heightened period of market uncertainty, the counterparties are not thought to have renegotiated on price from when they signed a memorandum of understanding about 12 months ago."
"New York-headquartered real estate giant Tishman Speyer has sold a 10-building office campus in China to Singapore’s CapitaLand Investment for 7.6 billion yuan ($1.1 billion; €1.04 billion), PERE can reveal.
Despite the transaction occurring during a heightened period of market uncertainty, the counterparties are not thought to have renegotiated on price from when they signed a memorandum of understanding about 12 months ago."
