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China Life Commits $1B Real Estate Deal With PE Firm

by stltoday.com posted 1year ago 546 views
China Life Insurance Group has invested in U.S. real estate before, but the insurer’s nearly $1 billion deal this week with Clayton-based ElmTree Funds LLC was a further sign of increasing investor appetite for properties beyond the hottest U.S. cities. The deal is a sign of growing interest by property investors in markets like St. Louis.