…ccording to its website. Taking on More Projects and Raising Cash Wang and Dalian Wanda have been one of China’s most aggressive companies in the last year, both domestically and abroad. Wanda took on US$1 billion hotel projects in London and New York last year, as well as buying the Sunseeker luxury yacht company for more than US$500 million, and spending US$28 million on a Picasso. During December, Wang announced that the group is seeking $318 m…
Search Results for: dalian wanda
Dalian Wanda Takes Over Beijing Mall and More Asia Real Estate Headlines
…Two Chinese developers lead today’s roundup of regional news headlines, as Dalian Wanda revamps one of Beijing’s biggest malls and a new investor takes over construction at a pair of China Evergrande’s projects in Kunming. The city of Dongguan, meanwhile, has lifted its remaining restrictions on homebuying in a bid to spur demand. Dalian Wanda to Open Renovated Beijing Mall Under ‘Asset Light’ Model Dalian Wanda, the Chinese conglomerate controlle…
Dalian Wanda Offers 12% Interest on De-Listing Scheme and More China Real Estate Headlines
…rackdown on P2P downpayment loans. Read on for all these stories and more. Dalian Wanda Offers Investors 12% Interest on De-Listing Scheme Chinese billionaire Wang Jianlin is offering to pay investors up to 12 percent annual interest if his Dalian Wanda Group fails to re-list its Hong Kong quoted property arm in Shanghai within two years of taking it private, documents seen by Reuters show. In a presentation document reviewed by Reuters, Dalian Wa…
Dalian Wanda Group Leads China’s First Foray into India
Dalian Wanda Group’s Wang Jianlin Dalian Wanda Group, which has recently been in the news for buying theatre chain AMC and shopping for hotels in the US, inked a deal on Friday which will make it the first mainland Chinese developer to invest in India. Wanda signed a memorandum of understanding with Indian tycoon Anil Ambani’s Reliance Group to set up a joint venture for a strategic long-term partnership according to a statement from Reliance. Am…
Dalian Wanda Gets $800M Offshore Club Loan and More Asia Real Estate Headlines
…may finally be getting a hand from the mainland government Wang Jianlin’s Dalian Wanda maybe have finally found its way out of China’s regulatory dog house as the mainland commercial developer is said to have been allowed to secure a $800 million offshore loan. While Wanda may be on the rebound, its fellow cross-border supernova HNA appears to still be struggling as its tech units announced that it had pledge three-quarters of the company’s share…
Dalian Wanda Raising $3B Ahead of HK IPO and More Asia Real Estate Headlines
…gtiandi’s latest roundup of regional news headlines, mainland conglomerate Dalian Wanda seeks to raise $3 billion for the IPO of its commercial property management business, a Hong Kong billionaire puts a historic California home on the block, and Singapore-listed Keppel DC REIT’s distribution per unit jumps after a productive 2020. Dalian Wanda Raising $3B Ahead of HK IPO Chinese conglomerate Dalian Wanda Group aims to raise RMB 20 billion ($3.08…
Dalian Wanda Transfers Ownership of Foshan Mall and More Asia Real Estate Headlines
…all to JV partner Midea Real Estate Financially troubled Chinese developer Dalian Wanda has transferred its stake in a Foshan Mall to JV partner Midea Real Estate, with that story leading Mingtiandi’s collection of real estate headlines today. Also making the news, the founder of Korea’s Taeyoung Engineering & Construction has proposed a new self-rescue offer and Singapore’s GIC has been identified as a buyer of Signa’s equity-linked instruments i…
4 US Investments for Dalian Wanda Owner Wang Jianlin
…g the World Economic Forum in Dalian, northern China. The owner of China’s Dalian Wanda group has already made a few high profile investments this year by snatching up yacht maker Sunseeker for US$510 million, and buying hotels in New York and London for a reported US$1 billion each. Wanda also said earlier this year that it plans to open Wanda hotels in eight to 10 cities around the world over the next decade, and just this month indicated that i…
Dalian Wanda Boosts HK Buyout Offer to $4.4B and More Greater China Real Estate Headlines
…richest man has upped his offer to buy back the Hong Kong-listed shares in Dalian Wanda Commercial property, plus Hong Kong home priced bounced back in April while credit agencies sound warnings over recent mainland site pricing and the impact on developers. Read on for all the details. Wang Jianlin Boosts Wanda Buyout Offer to $4.4 Bil China’s Dalian Wanda Group is offering $4.4 billion in cash to buy out Hong Kong-listed unit Dalian Wanda Commer…
Dalian Wanda Dumps Remaining AMC Shares for $426M and More Asia Real Estate Headlines
…its AMC Theatre investment In today’s roundup of regional news headlines, Dalian Wanda cashes out of nearly its entire stake in cinema operator AMC Entertainment, Hong Kong developer Sino Land’s parent group offers 1,000 jobs across its business units, and a bungalow property near the Singapore Botanic Gardens fetches a record price. China’s Dalian Wanda Dumps Remaining Stake in AMC Entertainment for $426M China’s Dalian Wanda Group has dumped al…
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