Asia real estate and outbound investment news
China’s Fosun International is said to be pursuing London’s Grosvenor House Hotel, as the investment conglomerate continues to expand its global real estate portfolio.
The five-star London landmark is currently on the market for a reported ₤500 million ($762 million)… Read More>>
Fosun Property, the real estate arm of China’s largest privately held investment conglomerate announced today that it had acquired an office block in Sydney, Australia for A$116.5 million ($93 million).
The Shanghai-based property investment company will add 73 Miller Street… Read More>>
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.
China’s outbound investment wave continued to flow into Sydney as buyers from the mainland and Hong Kong acquired more than $1.23 billion worth of major assets during the last two months of 2014.
Most of the investors were major mainland… Read More>>
Shanghai-based Fosun International has purchased a 23-storey office building in Tokyo, its second major real estate acquisition in Japan’s capital city in the last five months.
According to a story in the Wall Street Journal, the Chinese conglomerate acquired the… Read More>>
China’s most diversified investor took a step into Japan’s recovering real estate market last week when it bought real estate investment management company IDERA Capital Management Ltd from Japanese private equity firm Unison Capital. The deal was announced on IDERA’s… Read More>>
At least one investment firm has made its position clear on where money is headed this year, and according to fund manager Harvest Real Estate Investment that direction is out of China.
According to a story in the Wall Street… Read More>>
Diversified Chinese investment conglomerate Fosun International announced last week that it is organising a share sale to raise up to $668 million to help pursue its goal of becoming the Berkshire Hathaway of Asia.
According to a story in the… Read More>>
Chinese investment conglomerate Fosun International has apparently locked up a deal to acquire a 620-hectare seaside site in Athens for a Euros 915 million ($1.26 billion) real estate project.
According to a report by Reuters, Fosun, together with Greek partner… Read More>>
Chinese investment firm Fosun Group and Prudential Financial, Inc. (PFI) from the US, today announced plans for a real estate joint venture to invest in mixed-use development projects in China, and in select overseas locations.
The two companies refrained from stating dollar amounts or location specifics for the projects, however, Fosun has recently focused within China on tourism developments such as its plans for a 7-star resort hotel in Shanghai. Overseas, the investment conglomerate purchased 1 Chase Manhattan Plaza from JP Morgan Chase for US$725 million last October.
