China Life Insurance Leads Purchase Of Hotel Portfolio Stake From Starwood Capital

hotelChina Life Insurance Co. Ltd. has led an investor consortium to acquire a stake of a portfolio of U.S. hotels worth roughly US$2 billion from private investment firm Starwood Capital Group. China's largest insurance company will serve as the lead investor to the investor group, which includes unnamed sovereign wealth funds and other investors. The […]

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Read the original article: China Money Network