Sunac China Holdings has paid $340 million for a pair of China Oceanwide Holdings Hangzhou properties, reported Mingtiandi.
Located in Hangzhou’s Qianjiang New City area, the 162-room Diaoyutai Hotel Hangzhou is a five-star accommodation offering panoramic views of the Qiantang River. And Minsheng Financial Center, completed in 2014, is an 18-story office building with 50,567 square meters (544,299 square feet) of space.
