China's Fosun buys office property in Brazil for $140.1m

China's Fosun buys office property in Brazil for $140.1m

A company logo of Fosun International is seen at the Fosun Fair held alongside the annual general meeting of the Chinese conglomerate in Hong Kong, China May 28, 2015. REUTERS/Bobby Yip/File Photo

China-based Fosun Group has struck its second major deal in Brazil with the purchase of the Torre Sucupira, an office building in Sao Paulo, for $140.1 million (R$440 million) .

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