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Business / Industries

Chinese companies to invest $20b in overseas properties in 2015

(Agencies) Updated: 2015-01-27 07:50

One Chase Manhattan Plaza

Fosun International Ltd, the largest private-owned conglomerate on the Chinese mainland, purchased One Chase Manhattan Plaza, a Grade A office building, for $725 million in Manhattan.

Chinese companies to invest $20b in overseas properties in 2015

One Chase Manhattan Plaza is a 60-story, 2.2 million square foot office building, which used to be the global headquarters of Chase Manhattan Bank.[Photo/people.com.cn]

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