China’s sovereign-wealth fund is in advanced talks to purchase a European warehouse company from Blackstone GroupLP in a €12 billion ($13.49 billion) deal that would underscore the strength of the industrial real-estate sector.

China Investment Corp. could complete the deal to buy Logicor from the private-equity giant within days, according to people familiar with the matter. Nothing has been signed and the deal could still fall…

Read the full Wall Street Journal article here

Tags:

Comments are closed