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Property Tycoon Li Sze Lim's R&F Sells London Site at Deep Discount to Cut Debt

R&F Properties Sells Vauxhall Square Site at a 42% Discount
Chinese developers face $33 billion of offshore capital-market maturities from March to December. (iStock)<br><br>
Chinese developers face $33 billion of offshore capital-market maturities from March to December. (iStock)

CoStar News
March 15, 2022 | 11:02 AM

Chinese developer R&F Properties, founded by billionaire property tycoon Li Sze Lim, said its UK unit would sell a company at a 42% loss to raise capital and cut debt.

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