Fosun wins Chase in Manhattan deal | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

Fosun wins Chase in Manhattan deal

Published on January 4th, 2014

JPMorgan has agreed to sell 1 Chase Manhattan Plaza to Fosun International for $725m. Fosun, owned by Chinese billionaire Guo Guangchang, said it would buy the 60-storey, 2.2m sq ft New…

Not subscribed yet? Click here for full access.

Market Talk

First real downturn sInce 1998

“We initiate coverage of the Hong Kong property sector with a negatIve vIew. We belIeve the property market Is about to enter Its first real downturn sInce 1998 and we...

Market Talk

Success of our fund-raising efforts

“The Success of our fund-raising efforts is a vote of great confidence in our successful track record of returns for our investors and in our unique investment strategy – opportunistic...

Market Talk

Seven buyers for every Seller

“We Reckon that there are roughly seven buyers for every seller In the RegIon and they are a broad-based set, but mainly from wIthIn the RegIon” Alastair Hughes, chief executive...

ASEAN focus

Investors’ road Into yangon stIll rocky despIte regIme’s reforms

Reform of the hard-line Myanmar regime and moves to open up the economy have piqued foreign investors’ interest, but a shortage of office space and poor infrastructure still make the country’s...

Companies & People

Boris gets a little lost in finding source for London investment

London mayor Boris Johnson was quick to claim credit for Oxley Holdings buying a £200m development site in Docklands. “My team met with Oxley Holdings on our trade mission to China last month...

World News

Fosun wins Chase in Manhattan deal

JPMorgan has agreed to sell 1 Chase Manhattan Plaza to Fosun International for $725m. Fosun, owned by Chinese billionaire Guo Guangchang, said it would buy the 60-storey, 2.2m sq ft New...

Companies & People

Matsumoto joins CBRE Global Investors

CBRE Global Investors has appointed Michio Matsumoto as director and head of acquisitions, Japan. He will manage a range of investment activities, including underwriting, structuring and financing of investment transactions in...

News

AXA to splash out on offices in Oz

AXA plans to spend A$500m on offices in the next two years. Global head of Asia Frank Khoo said AXA would join other investors to buy four Sydney and Melbourne grade...

News

APN launches Industria REIT

APN Funds Management has launched a $250m real estate investment trust, Industria REIT. It will own interests in a workspace-focused portfolio of 18 industrial, technology park and business park assets...

Current Issue