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.
Chinese investors have bought a number of high profile overseas assets in recent years, including dropping $500 million for a yacht maker, and buying the Chase Manhattan building in New York for $725 million. Now one Beijing-based entrepreneur has bought… Read More>>
Foreign purchases of trophy buildings in the US more than doubled during 2013, and the leading hunters of these high profile assets were from China, according to a soon-to-be released market survey.
Major acquisitions of landmark properties by investors such… Read More>>
Investment in Manhattan office properties reached US$5.5 billion in 2013, with an influx of Chinese investors helping drive the market to a record high, according to a recent market study.
The report from international property consultancy Colliers International found that… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Four people were feared dead including a Chinese billionaire and… Read More>>
Fosun International Ltd became the latest Chinese company to acquire a US trophy asset last week when it agreed to purchase 1 Chase Manhattan Plaza from JP Morgan Chase for US$725 million.
With the acquisition the closely held Shanghai firm… Read More>>