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Monday, February 05, 2018

Everything must go: Chinese investors sell off their foreign RE holdings

https://therealdeal.com/2018/02/03/everything-must-go-chinese-investors-sell-off-their-foreign-re-holdings/

As HNA Group’s debt troubles seem to go from from bad to worse, the company is now planning on selling of about $16 billion in assets in the first six months of 2018, Bloomberg reports.
But HNA is not the only company with a global portfolio whose wings are being clipped by the Chinese government’s efforts to stymie capital outflows: Dalian Wanda Group and Anbang Insurance Group are also putting properties on the market — or being asked to, in the latter’s case, according to Bloomberg.
Here’s a look at what is, or could be soon, on sale from the Chinese investment powerhouses’ holdings:

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