Home 禄 Business 禄 Real Estate
HNA may buy Beijing property
By Winny Wang |
August 20, 2011, Saturday
|
Print Edition
Print Edition
China's fourth-largest aviation group HNA is in negotiations to buy a commercial property in Beijing from jailed home appliance tycoon Huang Guangyu.
A spokesman told Shanghai Daily yesterday that HNA Group, parent of Hainan Airlines, has been in discussions to buy the property, but he declined to reveal further details since the negotiations are still ongoing.
Domestic media reported on Thursday that HNA may purchase Gome Shangdu, owned by Huang's Pengrun Investment Co, for 6 billion yuan (US$939 million).
Gome Shangdu covers a floor area of 550,000 square meters in southwest Beijing. It includes retail businesses, offices, hotels and serviced apartments.
HNA plans to build three key businesses - airlines, logistics and financial services. The group, with total assets of 210 billion yuan at the end of last year, owns 13 airlines and nearly 50 cargo ships and manages more than 50 hotels and 12 airports.
The group has expanded rapidly in recent years, including frequent overseas acquisitions.
Earlier this month, General Electric Co and a partner agreed to sell shipping-container lessor GE SeaCo for US$1.05 billion to HNA and Bravia Capital.
A spokesman told Shanghai Daily yesterday that HNA Group, parent of Hainan Airlines, has been in discussions to buy the property, but he declined to reveal further details since the negotiations are still ongoing.
Domestic media reported on Thursday that HNA may purchase Gome Shangdu, owned by Huang's Pengrun Investment Co, for 6 billion yuan (US$939 million).
Gome Shangdu covers a floor area of 550,000 square meters in southwest Beijing. It includes retail businesses, offices, hotels and serviced apartments.
HNA plans to build three key businesses - airlines, logistics and financial services. The group, with total assets of 210 billion yuan at the end of last year, owns 13 airlines and nearly 50 cargo ships and manages more than 50 hotels and 12 airports.
The group has expanded rapidly in recent years, including frequent overseas acquisitions.
Earlier this month, General Electric Co and a partner agreed to sell shipping-container lessor GE SeaCo for US$1.05 billion to HNA and Bravia Capital.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
