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Report: Anbang circles €500M Blackstone portfolio in the Netherlands

A unit of China's Anbang Insurance Group Co. is talking to for thelatter's sale of office properties in the Netherlands worth over €500 million,Bloomberg News reported.

Citing a person with knowledge of the deal, the newsoutlet said in report that Anbang will buy the properties through its Vivat NVunit. CBRE Group Inc. was reportedly hired to market the portfolio in August.

Recently, Anbang completed its purchase of 15 of the 16 properties in theStrategic Hotels portfolio from Blackstone in a US$6.5 billion transactionconsidered to be the second-largest U.S. acquisition by a Chinese buyer.