China Life Insurance Led Investor Group into Starwood Capital Hotel Portfolio
Posted on 10/23/2016
Gradually, more mainland Chinese institutional investors are gazing toward the United States and Europe for large-scale exposure toward hospitality assets. For example, in February 2015, Connecticut-based Starwood Capital Group sold the fancy Baccarat Hotel in Manhattan to Sunshine Insurance Group Company Limited for US$ 230 million. Next, Anbang Insurance Group Co. plunked down about US$ […]
