China Vanke Enters U.S. Property Market With Tishman Speyer Deal

China Vanke Enters U.S. Property Market With Tishman Speyer Deal

Chip Chipman/Bloomberg

Buildings stand along the skyline of San Francisco. The San Francisco deal is Vanke’s first outside Asia and comes after the company’s Hong Kong unit jointly won a HK$3.43 billion ($442 million) bid for a site in the city, marking its entry into a new market.