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South Africa seeks assistance from Gulf sovereign wealth funds to establish a new state-owned company to manage a $9.5 billion real estate portfolio.
South Africa plans to establish a new state-owned company to manage its real estate portfolio, valued at 155 billion rand (approximately $9.5 billion). Middle Eastern sovereign wealth funds, which hold trillions of dollars in assets, have advised South Africa to set up a fundraising vehicle to support this initiative.
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Source：彭博市场 · Source Link
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