HNA in talks to sell San Francisco office tower to PE firm Gaw Capital

Signage for HNA Group Co. is displayed atop the company's building in Beijing, China, on Thursday, Feb. 1, 2018. Photographer: Giulia Marchi/Bloomberg

HNA Group Co. is in discussions to sell a San Francisco office building to private-equity firm Gaw Capital Partners, according to a person with knowledge of the talks, as the Chinese conglomerate tries to shed billions of dollars in assets.

Discussions are preliminary and there is no guarantee of any agreement, the person said, asking not to be identified because the talks are confidential. HNA and Gaw Capital didn’t immediately respond to requests for comment.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter