A Chinese financial firm which once devoured New York’s Waldorf Astoria has sold off its second set of real estate assets this year, with European media reports indicating that Anbang Insurance has disposed of a set of Netherlands office buildings… Read More>>
Singapore’s First Sponsor Joins $63M Team Purchase of Hilton Rotterdam
Singapore-listed property developer First Sponsor Group is teaming up with a consortium of investors to buy the Hilton Rotterdam hotel in the Netherlands for 50.4 million euros ($62.6 million).
First Sponsor is investing 12.4 million euros ($15.4 million) for a… Read More>>
Anbang Buys Amsterdam Hotel from Blackstone for $392M
Anbang Group has forged another deal with Blackstone, buying an Amsterdam hotel from the US private equity giant for €350 million ($391.6 million), Dutch real estate news site PropertyNL has reported. The deal marks Anbang’s latest acquisition from Stephen Schwarzman’s… Read More>>
Anbang Turns to Blackstone Again With $558 Mil Purchase of Dutch Offices
China’s Anbang Insurance is set to acquire $558 million worth of office properties in the Netherlands from Blackstone Group, a person with knowledge of the deal told Bloomberg. If completed, the deal would push the total value of property assets… Read More>>
