China: Cindat Capital, CITIC form JV for $155m London property deal

The signboard of CITIC Securities is seen at its head office in Beijing, China, in this March 27, 2013 file photo. REUTERS/Kim Kyung-Hoon/Files

China-based investment management platform Cindat Capital Management Ltd has struck its first deal in London, by forming a joint venture partnership with CITIC Capital to buy majority stake in a luxury residential property for about $155 million.

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