Anbang puts $2.4b Japanese property portfolio on block, Blackstone seen bidding

Anbang puts $2.4b Japanese property portfolio on block, Blackstone seen bidding

A man enters the office of Anbang Insurance Group in Beijing, China, February 23, 2018. REUTERS/Thomas Peter

China’s troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company’s plans said.