Property News · April 3, 2019

Canadian asset manager Brookfield in talks to buy Shanghai property from Hong Kong-listed Greenland


Canadian companies continue to pursue deals in China notwithstanding the diplomatic spat between the two countries that has seen tit-for-tat arrests of each other’s citizens.Two Canadians have been imprisoned in China after Huawei’s chief financial officer Sabrina Meng was arrested by Canada on December 1 following an extradition request from the US.Brookfield Asset Management, a Toronto-based alternative asset manager, is in talks to buy a commercial property site in Shanghai for around US$2…

Source : South China Morning Post
Read more…Canadian asset manager Brookfield in talks to buy Shanghai property from Hong Kong-listed Greenland