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Frasers Centrepoint Unit Snags $75M Chinese Tower

By Natalie Rodriguez ( August 21, 2015, 1:58 PM EDT) -- As part of a larger effort to significantly expand its China presence, the hospitality arm of Frasers Centrepoint Ltd. announced on Friday that it had picked up a new serviced residential property — which boasts furnished apartments with hotel amenities for mid- to long-term stays — in Dailan for 481.37 million renminbi ($75 million)....

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