Search Results for: fosun

Shanghai’s Fosun Said to Pursue Cushman & Wakefield

John Elkann

Shanghai-based investment group Fosun is considering an offer for property consultancy Cushman & Wakefield, which was put up for sale by Italy's Agnelli family in February.The current owners are asking $2 billion for the world's third-largest real estate services firm and Fosun has been in … [Read more...]

4 Fosun Real Estate Deals Revealed in 1 Week on 2 Continents

Fosun Brisbane

China's most aggressive acquirer of overseas real estate assets bagged four more trophies at a cost of $880 million last week as acquisitions by Shanghai's Fosun Group were revealed in Italy and Australia.The investment conglomerate, which takes Warren Buffett's Berkshire Hathaway as a model, … [Read more...]

Fosun Buys Second Tokyo Office Tower Within Five Months

Shinagawa Seaside Park Tower in Tokyo

Shanghai-based Fosun International has purchased a 23-storey office building in Tokyo, its second major real estate acquisition in Japan's capital city in the last five months.According to a story in the Wall Street Journal, the Chinese conglomerate acquired the Shinagawa Seaside Park Tower … [Read more...]

Fosun Buys Stake in 47-Storey NYC Luxury Tower

126 Madison Avenue

Fosun Group, China's largest private investment firm, made its second US property investment last week when it bought a stake in a 47-storey luxury residential project on New York's Madison Avenue.For the project, Shanghai-based Fosun is partnering with a US developer in the company's first … [Read more...]

Fosun Raising A Fund to Invest Globally

Fosun CEO Liang Xinjun

Last week I let Mingtiandi's readers know that I would be having lunch with Fosun's CEO Liang Xinjun, and I apologise for not updating you sooner on what this China business mogul had to say.The reason that I didn't feel a rush to update you on my little talk with one of China's real estate … [Read more...]

Fosun Rebrands One Chase Manhattan Plaza as 28 Liberty

28 Liberty Fosun

Fosun Property Holdings, has announced that it has renamed its One Chase Manhattan Plaza as “28 Liberty,” as the real estate arm of one of China's largest investment conglomerates steps up marketing for the landmark building it acquired in 2013.According to a statement from Fosun, it is now … [Read more...]

Fosun Said Shortlisting 50 Hotels in Global Investment Drive

Peter Fankhauser Thomas Cook

Fosun Group has drawn up a shortlist of 50 hotels for acquisition globally as the Chinese investment house plans to invest more than $500 million on hospitality sector assets.The Shanghai-based conglomerate's plans for the tourism industry were revealed at a news conference last week, according … [Read more...]

Fosun Acquires Sydney Office Building for $93M as Chinese Catch Oz Fever

Fosun Sydney

Fosun Property, the real estate arm of China's largest privately-held investment conglomerate announced today that it had acquired an office block in Sydney, Australia for A$116.5 million ($93 million).The Shanghai-based property investment company will add 73 Miller Street in North Sydney to … [Read more...]

Fosun Said to Be Seeking London’s $762M Grosvenor House Hotel

Grosvenor House London

China's Fosun International is said to be pursuing London's Grosvenor House Hotel, as the investment conglomerate continues to expand its global real estate portfolio.The five-star London landmark is currently on the market for a reported ₤500 million ($762 million) following the default of … [Read more...]

Fosun Moves Closer to Acquiring $1.26 Bil Greek Site

Athens Hellenikon airport

Chinese investment conglomerate Fosun International has apparently locked up a deal to acquire a 620-hectare seaside site in Athens for a Euros 915 million ($1.26 billion) real estate project.According to a report by Reuters, Fosun, together with Greek partner Lamda Development and Abu Dhabi … [Read more...]