Asia real estate and outbound investment news
China’s most aggressive acquirer of overseas real estate assets bagged four more trophies at a cost of $880 million last week as acquisitions by Shanghai’s Fosun Group were revealed in Italy and Australia.
The investment conglomerate, which takes Warren Buffett’s… Read More>>
Fosun International Ltd, the closely held Chinese conglomerate which owns Club Med, plans to build a 7-star resort hotel near Shanghai’s Disneyland.
According to a report in the official People’s Daily, Fosun CEO Liang Xinjun indicated that the group would build it’s second Atlantis Hotel near the as yet incomplete Disney project. “They (Atlantis executives) are really interested in building it near Disneyland,” Liang commented.
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>>
Here is a list of the day’s latest China real estate news collected from around the web:
Apple Inc is looking to open flagship stores in… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Chinese developer Fosun International said on Thursday it has started… Read More>>
Last week I let Mingtiandi’s readers know that I would be having lunch with Fosun’s CEO Liang Xinjun, and I apologise for not updating you sooner on what this China business mogul had to say.
The reason that I didn’t… Read More>>
Now that I’m a well-connected blogger in China’s real estate world, I have scored the opportunity to have lunch tomorrow with the CEO of Fosun, Liang Xinjun.
For those of you who need a refresher, Fosun is the parent company… Read More>>
In a report today on the Wall Street Journal, Esther Fung looks into the strange partnership of China real estate developers Fosun and SOHO for a site on Shanghai’s Bund.
As announced recently by SOHO, and subsequently denounced by Fosun,… Read More>>
Following China’s clampdown on traditional funding for speculative real estate ventures, developers facing a financing gap estimated at US$111 billion are setting up their own funds in an effort to keep afloat.
About $2.2 billion of… Read More>>
