1.49 Million SF in Office Leasing As Part of Overall Building Repositioning

Fosun Hive Holdings has announced that Refinitiv, a global provider of financial markets data and infrastructure, has leased 108,917 square feet of space on the entire 37th, 38th and 56th floors of 28 Liberty Street, the iconic, landmark tower in Lower Manhattan. The tenant is relocating from3 Times Square.

Fosun has completed 1.49 million square feet of office leasing with 30 tenants in the 28 Liberty tower since the beginning of a comprehensive building repositioning effort that includes the addition of 200,000 square feet of retail space and a new Union Square Hospitality Group restaurant and venue on the 60th floor of the property.

The Refinitiv lease was one of five transactions,totaling 254,995 square feet, that were executed in the fourth quarter of 2019, including 68,230 square feet for Dotdash; 36,110 square feet for the Dormitory Authority of the State of New York;25,907 square feet for Blue Apron, and 15,530 square feet for Great American Insurance Group. Other notable recent leases include 340,000 square feet for the Office of the New York State Attorney General; 131,181 square feet for media company Wolters Kluwer; 74,822 square feet for the London Stock Exchange; 74,741 square feet for SCOR; 69,940 square feet for Allianz; 60,709 square feet for LISC; 57,221 square feet for Frankfurt Kurnit, and 42,945 square feet for HelloFresh. Fosun also managed the construction of 600,000 square feet of turnkey fit-outs in-house.

“28 Liberty’s world-class architecture, dynamic new retail and dining options, and cultural and community events have all helped to position the property for leasing success,” said Bo Wei, chief executive representative of Fosun International in the U.S. and Vice President of Fosun Hive Holdings. “Refinitiv and the diverse group of other new tenants bring enormous energy to the building and validate the repositioning strategy.”

“Fosun’s comprehensive redevelopment of 28 Liberty has made it an ideal space-use solution for Refinitiv and other tenants seeking to take advantage of the momentum in Lower Manhattan,” said Thomas Costanzo, executive president for Fosun. “This lease is a testament to the long-term appeal of the property.”

“Refinitiv is excited about moving to 28 Liberty in Downtown’s Financial District,” said Vasanth Sundararajan, Head of Real Estate for Refinitiv. “This move will position us in the heart of New York’s financial center, just minutes from Wall Street and NYSE.”

Thomas Costanzo and Isabella Chen represented the property owner in the transaction. JLL’s Peter Riguardi, Chairman and President of New York operations; Mitch Konsker, Vice Chairman; John Wheeler, Michael Berman and Dan Turkewitz, Managing Directors, and Eliza Akers, Vice President, also represented Fosun. Robert Martin, Vice Chairman, and T.J. Hochanadel, Senior Vice President, both with JLL, represented Refinitiv.

Fosun recently completed construction on Fosun Plaza, a 200,000 square-foot retail destination at the base of 28 Liberty with multiple street-level access points and glass facades to engage pedestrian traffic and open sightlines. Fosun Plaza, like all of 28 Liberty, is accessible to six subway lines and is a five-minute walk from the Fulton Street transit hub and the World Trade Center transit hub, connecting it to nearly every mass transit line in New York City, and to New Jersey via the PATH. Alamo Drafthouse Cinema has leased 40,000 square feet at Fosun Plaza for a 600-seat, 10-screen theater that is scheduled to open in the first quarter of 2020. In addition, Legends Hospitality will operate a culinary and live entertainment destination to be designed by Jeffrey Beers in 35,000 square feet of space on the ground floor of the Plaza.

At the top of the 28 Liberty tower are the extraordinary Manhatta, the newest restaurant, bar and event venue from Danny Meyer’s Union Square Hospitality Group. The restaurant and venue offer breathtaking, 360-degree views of the New York skyline.

At the base of the 28 Liberty tower is the landmarked plaza, an open space that is regularly programmed with arts, cultural and community events. Events on the plaza include Sing for Hope Pianos, a yearly initiative that gathers local artists to create pianos that are displayed on the plaza in June and then placed in public spaces before being donated to New York City Public schools. The plaza has also been host to the Lower Manhattan food festival Dine Around Downtown, the annual arts festival River To River, Summer Movie Nights and numerous other events.

About Refinitiv

Refinitivis one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in approximately 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community – driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime.For more information visit: www.refinitiv.com

About Fosun

Fosun International Limited is a family-focused multinational company that has been listed on the main board of the Hong Kong Stock Exchange (00656:HK) since 2007. Founded in 1992, Fosun's total assets were worth RMB638.9 billion (c.US$ 93.1 billion) as of 31 December 2018. With its roots in China, and through technology and innovation, Fosun's mission is to create customer-to-maker (C2M) ecosystems in health, happiness and wealth, providing high-quality products and services for families around the world.

About Fosun Hive Holdings

Fosun Hive Holdings is the property investment and management platform of Fosun Group. Fosun Hive Holdings holds a number of development and operation entities including Forte, Star Capital, Sunyu Capital, Stater Capital, Sungin Capital, IDERA, Sunvision, Star Castle, Resource Property and Oriental Merchant to provide comprehensive service to meet development and construction demand for urban upgrades in China. In 2013, Fosun Hive Holdings acquired its position as a leading globalized property investment and development enterprise in China having exposure in 26 cities across China with assets under management reaching RMB 140 billion. Globally, Fosun Hive Holdings set to focus on property development, landmark building, and asset management company acquisition. It is also well connected with insurance capital to ensure its presence in New York, London, Tokyo, Hong Kong & Europe. For more information:fosunhive.com