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Exclusive | "King of PE" delivers goods, Ping An plans to acquire three Logistics Assets from Blackstone in South China.
① Journalists have learned from several informed sources that Ping An Group plans to acquire 100% equity of Blackstone's three Logistics Assets in South China, specifically in Dongguan Daling Mountain, Dongguan Changping, and Foshan Nanhai TCL project; ② Some personnel from Institutions believe that the structure of the main entities in the warehousing and Logistics Trade market has undergone some changes, shifting from foreign capital dominating the warehousing market to a more active presence of self-use buyers and domestic buyers in the trading market.
Express News | Blackstone Plans to Sell Three Logistics Projects in China to Ping an Life Insurance Co. for About 2.7 Billion Yuan- Bloomberg News
Express News | Banks and Direct Lenders Are Vying to Provide as Much as €6.5 Billion ($6.8 Billion) in Debt for Adevinta ASA-Bloomberg News
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