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Far East Consortium Completes Vauxhall Square Buy From China's R&F at Steep Discount

R&F Crystallising 42% Loss on Price for 1.4 Million-Square-Foot Development
Chinese developers face $33 billion of offshore capital-market maturities from March to December. (iStock)
Chinese developers face $33 billion of offshore capital-market maturities from March to December. (iStock)

Hong Kong-based developer Far East Consortium has completed its acquisition of the Vauxhall Square mixed-use development in London, in a transaction that sees Chinese developer R&F Properties, founded by billionaire property tycoon Li Sze Lim, crystallise a steep loss.

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News | Far East Consortium Completes Vauxhall Square Buy From China's R&F at Steep Discount