Sunday, July 20, 2014

Japanese duo to buy stake in Chinese logistics property developer

A consortium of Japan’s Mitsui & Co. and Mitsubishi Estate Co. has agreed to acquire a significant stake in a logistics facility developing subsidiary of Beijing Properties (Holdings) Ltd. Mitsui and Mitsubishi Estate said they will take a 35 percent stake in China Logistics Infrastructures (Holdings) Ltd. by acquiring new shares... 
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