China's Anbang Insurance Group has proposed a deal to acquire Strategic Hotels & Resorts Inc. for $6.5 billion - just three months after the private firm Blackstone Group LP bought the luxury hotels for $4 billion.

The Chinese owner of Waldorf Astoria in New York has reportedly agreed to purchase the US prime property in one of the biggest real estate deals ever, according to insiders.

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Anbang is among the ambitious Chinese firms that would like to expand overseas. The company has allegedly closed over $84 billion worth of deals since the beginning of the year, according to Dealogic. The Chinese insurer reportedly went on a shopping spree, snatching up a number of properties and companies across US and Europe. The firm is also set to surpass the record breaking $108 billion outbound acquisition that was achieved in 2015.

Anbang's move to buy the Strategic Hotels will make the firm visible across the luxury hotel's prime assets like the Essex House, which overlooks the Central Park in Manhattan, and the Hotel del Coronado. Meanwhile, hotels located in Washington, D.C. and Austin, Texas and its resort in Jackson Hole, Wyo, are also among its FourSeason properties.

The Beijing-based company, which only used to be a provincial insurer, has successfully jumped into the international market, with a handful of high-profile deals.

Anbang Insurance hhas also made several deals in the insurance market, agreeing to acquire the Fidelity & Guaranty Life in the US worth $1.57 billion in 2015. It also bought a $1 billion worth stake at a South Korean insurer and has bought Belgium- and Netherlands-based companies as well.

TagsAnbang Insurance, Strategic Hotels & Resorts Inc., Waldorf-Astoria, Blackstone Group, Hilton Worldwide Holdings, Hotels, real estate, insurance company