Fo­sun Group com­pletes ac­qui­si­tion in Tokyo

China Daily (Canada) - - BUSINESS -

Fo­sun Group, the Chi­nese con­glom­er­ate, has com­pleted the ac­qui­si­tion of Citi­corp Cen­ter in Tokyo, the China Busi­ness­News said onWed­nes­day. The Citi­corp Cen­ter, a 25-floor up­scale of­fice build­ing lo­cated in Shi­na­gawa-ku, was pur­chased by Fo­sun’s newly ac­quired com­pany IDERACap­i­talMan­age­ment Ltd. The ac­qui­si­tion of Citi­corp Cen­ter in­di­cates Fo­sun’s first en­try into Tokyo-based prop­er­ties since it took over IDERA. Fo­sun is re­spon­si­ble for the team com­mu­ni­ca­tion of IDERA and re­source al­lo­ca­tion in Ja­panese real es­tate mar­ket.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.