China’s second-largest developer gives up on a Melbourne project as it struggles to raise interest in its hotel REIT, and media in the UK reveals that an attempted Fosun acquisition was scuttled due to a lack of financial transparency. Meanwhile,… Read More>>
Fosun Returns to UK Market with $426M Deal for London Office Complex
China’s Fosun International, is preparing to close a £300 million ($426.4 million) deal for a London office complex, according to a report today in Reuters.
Should the deal for Thomas More Square, a 566,000 square foot (52,500 square metre) tower… Read More>>
Aussies Force Sale of Illicitly Bought Homes and More China Real Estate Headlines 2016-01-20
Australia has sussed out another eight foreigners illegally buying local homes, while Fosun is said to be sniffing around Ascendas’ hotel REIT and Wang Jianlin has another IPO to talk up. All these headlines and more if you just read… Read More>>
Fosun Chairman Guo Guangchang Said to Be Detained Amid Graft Sweep
Guo Guangchang, chairman of China’s largest private investment conglomerate, Fosun International, was reportedly detained by police yesterday amid a deepening anti-graft campaign.
Fosun made headlines internationally in 2013 by purchasing Chase Manhattan Plaza in New York for $725 million, and… Read More>>
Fosun Plans 5 New Mainland Club Meds Each Year and More China Real Estate Headlines 2015-12-09
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Fosun Plans 5 New Mainland Ski Resorts Each Year in Club Med Expansion
Club Mediterranee, the French holiday group controlled by… Read More>>
Taiwan’s Shin Kong in £140M London Deal and More China Real Estate Headlines 2015-11-12
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Taiwan’s Shin Kong Insurance in £140m London Acquisition
Taiwanese life insurance giant Shin Kong Life is to make its maiden acquisition… Read More>>
Fosun Focuses on Europe with $381M Milan Real Estate Deal
China’s Fosun International continues to bet on Europe as the private investment giant confirmed this week that it is buying a landmark Milan office building.
The Shanghai-based company led by billionaire Guo Guangchang is said to be paying 345 million… Read More>>
Fosun Enters Investment JV with UK’s Resolution Property
Fosun Property Holdings, the real estate arm of China’s biggest private investment firm, signalled its interest in acquiring more assets in Europe today by announcing a new joint venture with UK-based Resolution Property.
The joint venture company is to be… Read More>>
Fosun Buys Stake in 47-Storey NYC Luxury Tower
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… Read More>>
Market Slump? China’s Real Estate Tycoons Get More Private Jets
Frugality may be the watchword under Xi Jinping’s regime, but apparently some of the country’s real estate moguls are hoping that the new guidelines don’t apply to their private aircraft.
And there don’t appear to be any Cessnas in sight… Read More>>
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