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Beijing Conducting Review Into Blackstone’s $3 Billion Bid on Chinese Real Estate Developer

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Beijing Conducting Review Into Blackstone’s $3 Billion Bid on Chinese Real Estate Developer
A Chinese man wears a protective mask as he looks at Galaxy SOHO in Beijing on April 20, 2020. Lintao Zhang/Getty Images
Nicole Hao
Updated:

U.S. investment management company Blackstone is under antitrust review over its deal with SOHO China, one of China’s largest real estate developers. The review may take six months to be carried out.

If the deal is approved, Blackstone will pay more than $3 billion to its Chinese partner, making it the New York-headquartered company’s biggest bet on China’s commercial real estate market.

Nicole Hao
Nicole Hao
Author
Nicole Hao is a Washington-based reporter focused on China-related topics. Before joining the Epoch Media Group in July 2009, she worked as a global product manager for a railway business in Paris, France.
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