News Snapshot:
Investment Firm Led by Former C&W Boss Buys Beijing R&D Building From Sino-Ocean 2021/05/15 by Christopher Caillavet Leave a Comment GLP-backed ACR Asset Management on Thursday revealed its acquisition of the Beijing Diamond Plaza building in the Chinese capital’s primary technology hub. Founded by Edward Cheung, the former chief executive for Greater China at Cushman & Wakefield , newcomer ACR bought the R&D building in Zhongguancun Software Park from private equity firm Sino-Ocean Capital for an undisclosed amount. Located in the Shangdi area of Beijing’s Haidian district, the facility sits in close proximity to the head offices and global R&D...
