Tuesday 27 March 2018

Everything must go: CEFC China Energy selling off $3.2B real estate portfolio

Facing increased government control, CEFC China Energy is selling off its entire global property portfolio, valued at $3.2 billion. The assets include a condominium unit at Trump World Tower in Manhattan, four floors of the Hong Kong Convention & Exhibition Centre and the conglomerate’s headquarters at the Shanghai Tomorrow Tower, Bloomberg reported. It wasn’t immediately clear what condo at Trump World Tower CEFC owns, but StreetEasy currently lists 19 units for sale at the property […]



source https://therealdeal.com/2018/03/27/everything-must-go-cefc-china-energy-selling-off-3-2b-real-estate-portfolio/

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