Fosun : Property accelerated global investment by finished its 2nd property acquisition in Tokyo

Today, IDERA CapitalManagement Ltd. ("IDERA") under FosunProperty Holdings("Fosun Property") is pleased to announce the acquisition of a large-sizedoffice building located in ShinagawaSeaside, Shinagawa-ku, Tokyo, namely "Shinagawa Seaside Park Tower". IDERA will be appointed as the asset managerfor the acquired asset.

It is the second property investment for FosunProperty in this year, following "SeaFort Square Citi Group Center Building", locatedin Tennouzu Isle, Shinagawa-ku, Tokyo, in this August.

Mr. Guo Guangchang, Chairman of Fosun Group, welcomedthis acquisition and said, "IDERA is a leading fund management and asset managementcompany in Japan. In May, 2014, IDERA became a subsidiary of Fosun. In threemonths, IDERA acquired Citi Group Center in Tokyo and now the second deal can be finalized,which well demonstrates its ability in property investment in Japan. We believethat in the future IDERA shall help Fosun as well as other global institutionalinvestors to close more investments in properties in Japan."

Shinagawa Seaside Park Tower is located in ShinagawaSeaside in Shinagawa-ku, Tokyo. It is a 23-floor office building well connected to publictransport and only 1-minute walk to Rinkai Line "Shinagawa Seaside" Station. Leading Japanese IT and manufacturing corporations have their presencein surrounding area, which makes the Park Tower an ideal location for officespace in Shinagawa-ku.

Mr. Xu Xiaoliang, President of Fosun Propertyreinstated, "The acquisition of ShinagawaSeaside Park Tower in Tokyo marks another big step inFosun Property's global approach. After IDERA joined Fosun's family in May2014, we now have 2 projects in Tokyo. I firmly believe, with our support IDERAshall become a full-scale Real Estate Investment & Management Platform inJapan and continue to invest in Japanese properties actively."

About Fosun PropertyHoldings

Fosun PropertyHoldings is the property investment and management platform of Fosun Group.Fosun Property Holdings holds a number of development and operation entitiesincluding Forte, Star Capital, Sunyu Capital, Stater Capital, Sungin Capital, IDERA,BFC, Sunvision, Star Castle, Resource Property, Oriental Merchant and SunyiCapital to provide comprehensive service to meet development and constructiondemand for urban upgrades in China. Now Fosun Property Holdings holds itsposition as a leading globalized property investment and development enterprisein China having exposure in 26 cities across China with assets under managementreaching RMB 140 billion. Globally, Fosun Property set focus on overseas propertydevelopment, landmark building and asset management company acquisition. It isalso well connected with insurance capital to ensure its presence in New York,London, Tokyo, Hong Kong & Europe.

For more information:http://www.fosunproperty.com

About IDERA
IDERA is one of the largest Japanese real estate fund and asset managementfirms. It has client investors from North America, Europe, the Middle East,Asia and Japan and is providing commingled fund, joint venture and separateaccount management services as well as asset management services for variouscapital owners. In May 2014, IDERA became a part of Fosun Group, a China'sleading investment group as result of their acquisition. With Fosun's long-termcommitment to support its group companies, IDERA pursues to grow to be the oneof the best real estate investment management platforms in Japan and Asia.

For more information:http://www.idera-capital.com