SouFun Announces the Signing of an Agreement to Acquire Former AIG Training Center
2010年12月24日 - 7:00AM
ビジネスワイヤ(英語)
SouFun Holdings Limited (NYSE: SFUN, “SouFun”), the
leading real estate and home furnishing Internet portal in China,
today announced that it has entered into an agreement to acquire
former Training Center of American International Group, Inc.
(“AIG”) including mainly the building at 72 Wall Street, New
York, which has a space around 250,000 square feet. SouFun will pay
about US$46 million and the acquisition is expected to complete in
the first half of 2011 subject to certain conditions.
SouFun plans to use the former AIG Training Center as its own
global training center to train its expanding management, staff and
clients, in conjunction with selected universities and colleges in
the United States. As Chinese economy continues to expand,
developing capable Chinese management talent is a strategic
priority for the company to ensure its continued competitive
advantage and market leadership.
“SouFun’s history of strong growth stems from its management
staff of all levels and its strong relationship with a
comprehensive client base,” said Vincent Mo, SouFun’s Executive
Chairman. “We believe that providing training to our management
staff and our clients will bring us long term return. Located at
the center of the world economy, the Manhattan training facilities
we are acquiring, together with future available high quality
lecturers, will provide an attractive and unique value proposition
to our management staff and clients. It will become an important
part of SouFun’s internal training program called SouFun Management
School which has trained most of SouFun’s managers and executives
and has played a critical role in the past. Training our management
staff and clients will continue to be one of SouFun’s main
operational focuses into the future.”
About SouFun
SouFun operates the leading real estate Internet portal and home
furnishing and improvement website in China in terms of the number
of page views and visitors to its website in 2009. SouFun obtained
advertisements from 60% of online real estate advertisers among
real estate information services websites in China in 2009. SouFun
has built a large and active community of users who are attracted
by the comprehensive real estate and home furnishing and
improvement content available on its portal that forms the
foundation of its service offerings. SouFun currently maintains 65
offices to focus on local market needs and its website and database
contains real estate-related content coverage of 106 cities in
China. For more information about SouFun, please visit
http://ir.soufun.com.
Safe Harbor Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such forward-looking statements are made under the “safe
harbor” provisions of the U.S. Private Securities Litigation Reform
Act of 1995.
These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “future,”
“intends,” “plans,” “believes,” “estimates,” “may,” “should” and
similar expressions. Such forward-looking statements include,
without limitation, statements regarding the outlook for the fiscal
year of 2010 and comments by management in this release and
SouFun’s strategic and operational plans and future market
positions. SouFun may also make forward-looking statements in its
periodic reports to the U.S. Securities and Exchange Commission, in
its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Statements that are not
historical facts, including statements about SouFun’s beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
important factors could cause actual results to differ materially
from those contained in any forward-looking statement. Potential
risks and uncertainties include, but are not limited to, SouFun’s
limited operating history, the current global financial and credit
markets crisis and its potential impact on the Chinese economy,
measures taken or to be taken by the Chinese government to control
real estate growth and prices and other events which could recur in
the future, the uncertain regulatory landscape in China,
fluctuations in SouFun’s quarterly operating results, its reliance
on online advertising sales and listing services for its revenues,
any failure to successfully develop and expand its content, service
offerings and features, and the technologies that support them, and
any failure to successfully integrate acquired businesses.
Further information regarding these and other risks and
uncertainties is included in SouFun’s prospectus dated September
16, 2010 and its other filings with the U.S. Securities and
Exchange Commission. SouFun does not assume any obligation to
update any forward-looking statements in this release and
elsewhere, which apply only as of the date of this press
release.
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