Chinese investment firm acquired stake in French firm Paref for $48 million
Chinese investment firm Fosun Property Holdings have acquired stake in French property firm Paris Realty Fund (Paref) for $48 million.
French firm Paref Group operates in two areas of commercial/residential investments and management on behalf of third parties. At the end of 2016 Paref Group owned €167 million in property assets and managed assets worth €1.3 billion on behalf of third parties. (Fosun Property has more than 120 projects in 40 cities across the globe. Total asset under management is around $38 billion).
Fosun is listed in the Chinese Investors Directory with the code MA156.
More details follows
Chinese investment firm 

One of China's largest hotel investment firms,
Chinese investors of Zhong Ya Group Hebei acquired a full ghost town in Canada's British Columbia for around $850,000.
Chinese investors of Anbang Insurance Group has acquired Hilton's Waldorf Astoria New York for $1.95 billion.