Chinese investment conglomerate Fosun has acquired a 34,000 square metre (366,000 square foot) office complex in the German city of Frankfurt for just over Euro 50 million ($53.5 million) from New York’s Fortress Investment Group, according to recent reports in… Read More>>
Ping An and Fosun in Bidding War for $1.6B Berlin Complex
Two of China’s biggest international real estate investors are said to be facing off in a contest to acquire an 18 building commercial strip in downtown Berlin that has been put on the market for 1.5 billion euros ($1.6 billion).
China’s Gingko Tree Ready to Acquire Siemens Offices for $630M
First it was London, and then New York. Now China’s real estate investors have moved on to Munich, as an agency managing the country’s foreign reserves is said to be acquiring an office park in the German city for $630… Read More>>
Asians Move into German Real Estate with $1.27B in Investment
Asian investors seem to have discovered Germany’s real estate market last year as purchases of Germany property reached $1.27 billion in 2013.
While still a fraction of the sums put into the US or UK markets, the new investment record… Read More>>