While Shanghai may not have supplanted Hong Kong as Asia’s financial centre, it seems to be surpassing its southern neighbor for land values, judging by recent auction prices. Plus CapitaLand Commercial Trust doubles down on its own project in Singapore,… Read More>>
Fosun Pays US$725 Mil for Chase Manhattan Building and the Big Buyer Trophy
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>>
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