China Overseas Property Acquisition
In late March Norton Rose Fulbright announced it had obtained the lead role on Hong Kong-listed China Overseas Land and Investment Ltd.’s acquisition of a $5.5 billion property portfolio from its state-owned parent company.
As part of the deal, China Overseas Land will acquire properties in London as well as 11 Chinese cities, including Beijing, Shanghai, Chongqing and Urumqi, from state-owned China State Construction Engineering Corp. Ltd., or China Construction.
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