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Taiping Life targets more foreign property

The Chinese insurer plans to buy more European and US real estate, reflecting a trend among mainland institutional investors. But such flows may be set to slow, suggests CBRE.
Taiping Life targets more foreign property

Shanghai-based Taiping Asset Management, which runs Taiping Life’s Rmb270 billion ($39 billion) investment portfolio, is keen on overseas property and aims to steadily raise its allocation.

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