UPDATED Chinese back Morgan Stanley's €1.2b German residential deal

By Sara Seddon Kilbinger 2016-10-24T00:00:00

dealmakers handshake with sun coming through window rs 2

China Investment Corporation (CIC) has reportedly established a strong presence in the thriving German residential rental market by backing Morgan Stanley's €1.2 bn acquisition of 16,000 units from Luxembourg-based BGP Holdings.

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