Macquarie had earlier said it was looking at different options of what to do with these assets - which the investor syndicate acquired from Wanda Group, a Dalian-based property developer. Those options included the possibility of setting up a real estate investment trust REIT for a listing in Hong Kong, but the decision to go with a wholesale fund instead suggests a listing will now likely not happen for another 1.5 to 2 years.
The investors ôwonÆt...
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