On February 9, 2065438, tishman speyer Real Estate Company (Tishman Speyer Properties), known as the No.1 real estate enterprise in the United States, announced that it had established a joint venture with Vanke, a leading real estate enterprise in China, to jointly develop a high-rise luxury residential apartment project on the plot of 20 1 Fu Sheng Street in San Francisco, USA. This project is Vanke's first investment in the North American market and is managed by tishman speyer. The source also said that Vanke will hold 70% of the equity of the joint venture company and Iron Lion will hold 30%. Vanke still needs the approval of the China municipal government before it can remit funds overseas to complete the transaction.
20 13 on April13, Wang Shi, founder and chairman of the board of directors of Vanke, a China real estate development company, said in an interview at the Harvard China Forum held by Harvard University that after the financial tsunami, the American market was gradually picking up, and now is the best time to invest in the American market.