Fosun Property Acquires Majority Stake in Resolution Property Investment Management
Shanghai, China and London, UK - Paul Hastings LLP, a leading global law firm, announced today that it has advised Fosun Property, the Shanghai-based real estate investment management platform of Fosun International, the largest privately-owned conglomerate in China, on the acquisition of a majority stake in Resolution Property Investment Management (“RPIM”), the London-based private equity real estate fund manager. Resolution Property’s partners will continue to own the remainder of RPIM.
RPIM will be Fosun Property’s exclusive platform for value-add real estate investments in Europe and Fosun Property will provide cornerstone funding for RPIM’s subsequent real estate funds.
Corporate partner Ronan O’Sullivan led the Paul Hastings team, assisted by senior associate
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