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MIRAE ASSET ACQUIRED SHANGHAI HOTEL APARTMENT

AsiaInfo Services, March, 2008

AsiaInfo Services 03-21-2008 Mirae Asset Acquired Shanghai Hotel Apartment SHANGHAI, Mar 21, 2008 (SinoCast via COMTEX) -- Leading Korean financial service provider Mirae Asset Financial Group has acquired a hotel apartment called "Shama Luxe at Xintiandi" in Shanghai for more than CNY 900 million, said people closed to the event. In 2006, Gateway Capital Limited, a US investment company, acquired the Cuihu Tiandi Yuyuan Community No.

18 Building for about CNY 600 million. Then it engaged Shama, a Hong Kong apartment management company, to manage the building, which was ...

 

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