VXL Capital sells Shanghai property to Blackstone

Real Estate

Thursday, August 28, 2008 20:04:37

	VXL Capital sells Shanghai property to Blackstone By STAFF EDITOR Published: June 17, 2008 09:43 PM VXL Capital Ltd (0727.HK) said Monday it had sold a 90% stake in the Changshou Commercial Plaza on Changshou Road in Shanghai’s Putuo district to US private equity fund giant Blackstone Group (BX.NY) for $90.65 million (RMB625.5 million), the ... You are currently reading 41 words of 125 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: US	More Articles in Real Estate > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Electric device maker spins off property business Huaye Real Estate takes 60% of investment firm Lujiazui Finance net profit surges on leasing revenue Shanghai property investment up 7.6% through July Travel agency makes foray into property market Guangzhou developer offers discount to boost sales Fuzhou property firm makes US$29m profit on mall sale

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