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Wu Xiaohui Anbang Insurance

Anbang Sets Cross-Border Record Buying $6.5B in Hotels from Blackstone

2016/03/14 by Michael Cole Leave a Comment

Anbang Insurance Group has set a new record for cross-border real estate acquisitions by Chinese investors in agreeing to buy 16 hotels worth $6.5 billion from Blackstone Group.

The Chinese state-owned insurer, which stunned the world with its $1.95 billion… Read More>>

MixC Mall

China Resources Sells Hotel for RMB 700M – Goes Asset Light

2015/04/13 by Michael Cole Leave a Comment

China Resources Land, a giant state-run real estate firm, became the mainland’s latest developer to go asset light last week when the Beijing-based company sold the hotel portion of a Shanghai development to Stanley Ho’s Shun Tak Holdings for RMB… Read More>>

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