Lippo set to enter US, Europe with $500m of investment

By A staff reporter 2008-12-12T00:00:00

Indonesian property group Lippo plans to invest about $500 mln (EUR 377 mln) in US and European cities to profit from falling property prices in these more mature markets. The Financial Times reported on Thursday that the company will be focusing on cities such as London, Chicago, and San Francisco. ...

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