Related News
Home » Business » Real Estate
Soufun to buy office building on Wall Street
By Cao Qian |
December 24, 2010, Friday
|
Online Edition
Online Edition
NEW York-listed Soufun Holdings Ltd, one of China's leading real estate websites, announced that it has entered an agreement to acquire the former Training Center of American International Group Inc in lower Manhattan for about US$46 million.
The deal, supposed to complete in the first half of next year, mainly includes the building at 72 Wall Street, which has a gross floor area space of around 250,000 square feet (23,225 square meters), according to a statement released by Soufun.
Soufun plans to use the former AIG Training Center as its own global training center in conjunction with selected universities and colleges in the United States.
"Soufun's history of strong growth stems from its management staff of all levels and its strong and comprehensive client base," said Vincent Mo, Soufun's executive chairman.
"Located at the center of the world economy, the Manhattan training facilities, together with future available high quality lecturers, will provide an attractive and unique value proposition to our management, employees and clients," Mo added.
In every quarter since 2009, Soufun has remained the most frequently visited real estate services portal in China and attracted the largest number of advertisers, according to a report released earlier this week by Data Center of China Internet.
The deal, supposed to complete in the first half of next year, mainly includes the building at 72 Wall Street, which has a gross floor area space of around 250,000 square feet (23,225 square meters), according to a statement released by Soufun.
Soufun plans to use the former AIG Training Center as its own global training center in conjunction with selected universities and colleges in the United States.
"Soufun's history of strong growth stems from its management staff of all levels and its strong and comprehensive client base," said Vincent Mo, Soufun's executive chairman.
"Located at the center of the world economy, the Manhattan training facilities, together with future available high quality lecturers, will provide an attractive and unique value proposition to our management, employees and clients," Mo added.
In every quarter since 2009, Soufun has remained the most frequently visited real estate services portal in China and attracted the largest number of advertisers, according to a report released earlier this week by Data Center of China Internet.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
