China's Greenland Group injects hotel assets in SPV, eyes SGX listing

China's Greenland Group injects hotel assets in SPV, eyes SGX listing

Visual of Greenland Group homepage. March 2016

China’s biggest state-owned property developer Greenland Group, and Singapore-based Amare Investment Management Group, a subsidiary of Glory Fund Management Group, have closed a real estate deal that will see Amare acquire more than $4.5 billion of global hotel assets and operations from Greenland.

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