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Real Estate Rumors: China Oceanwide, Silverstein, Ivy Realty

By Andrew McIntyre ( March 30, 2020, 6:36 PM EDT) -- SPF Capital International Ltd. has terminated its deal to buy a San Francisco mixed-use development project from China Oceanwide Holdings Ltd. and China Oceanwide is now selling the property to private equity shop Hony Capital for $1.2 billion, DealStreetAsia reported on Monday. SPF Capital had been under contract to pay slightly more than $1 billion for the property, Oceanwide Center, which comprises office, residential, retail and hotel space across two towers and is scheduled to be completed in 2021, according to the report....

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