February 6, 2025
‎GCC funds in talks to acquire distressed Chinese developers: Paper

GCC investment funds are in talks to acquire distressed real estate development companies in China, capitalizing the Chinese government’s incentives and the real estate prices that hit their lowest level, Al Eqtisadiah newspaper reported, citing informed sources.

Independent investment funds in Saudi Arabia, Qatar, and Kuwait reached advanced stages of the acquisitions as Abu Dhabi Investment Authority acquired Wanda Co…
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