58.com Acquires Anjuke to Create Largest Online Secondary Real Estate Platform in China

REAL ESTATE: Westfield sells stake in Inland mall

Deal-making and job switching could come into vogue in 2015, if February is an indication. There were plenty of announcements to go around. MALL MOVEMENT Westfield Corp. of Australia has entered into a $925 million joint venture with O’Connor...

Sun, 01 Mar 2015 23:03:08 -0800

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58.com Acquires Anjuke to Create Largest Online Secondary Real Estate Platform in China

BEIJING, March 1, 2015 /PRNewswire/ -- 58.com Inc. (WUBA) ("58.com") today announced that it has acquired Anjuke, a major online real estate listing platform in China. Founded in Shanghai in 2007, Anjuke provides potential home buyers and renters an efficient and user-friendly experience to search for primary and secondary real estate. It also enables developers and real estate agents to ...

Sun, 01 Mar 2015 20:30:00 -0800

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Kenya's Centum pursuing sales to fund power, real estate deals

By Duncan Miriri NAIROBI (Reuters) - Kenya's Centum Investment is working on selling its stakes in several firms to fund new investments in power plants, real estate and other areas, its chief executive said. James Mworia told the Reuters Africa Investment Summit the company, whose market value has jumped seven-fold over the last five years to 40 billion shillings ($438 million), was targeting ...

Sun, 01 Mar 2015 22:52:53 -0800

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