Asia real estate and outbound investment news
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>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Fosun’s Guo Guangchang Reappears – Then Vanishes Again
Following a weekend of speculation about one of China’s most famous businesses executives,… Read More>>
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>>
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 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 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>>
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>>
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).
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… Read More>>
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… Read More>>
