During the last few weeks Dalian Wanda Group has announced the sale of more than $9.3 billion of its domestic hotel and tourism projects as the property developer controlled by billionaire Wang Jianlin struggles with a mountain of debt and… Read More>>
Dalian Wanda Group, China’s largest commercial property builder, is reportedly in the crosshairs of the country’s top leadership as China slams the brakes on an overseas acquisition binge by ambitious private firms.
A set of penalties levied against Wanda are… Read More>>
China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).
The acquisition is the latest twist on a sale of Wanda’s… Read More>>
China’s biggest real estate transaction ever seems to also include one of the biggest loans ever as Dalian Wanda is said to be providing RMB 29.6 billion in financing for Sunac to buy a portfolio of hotels and theme parks…. Read More>>
China’s big buyout week continues to dominate the headlines today as a Shanghai-based developer plans a $2 billion buyback of its Hong Kong-listed shares. That deal comes as Dalian Wanda and Sunac trade places near the top of the mainland’s… Read More>>
Less than one year ago, Wang Jianlin’s Wanda Group paid $4.4 billion to privatise its Hong Kong-listed developer, Wanda Commercial Properties, in the biggest share buy-back ever on the city’s stock exchange.
While the billionaire property developer still hopes to… Read More>>
China’s biggest commercial property developer has made headlines around the world as it builds up a sprawling retail empire and snaps up overseas assets from cinema chains to sports firms. Questions were raised, however, about the sustainability of this aggressive… Read More>>
Donald Trump rode into office promising to shake things up and the new US president’s economic powers may have already hit the Philippines, or at least he’s having an impact on the island nation’s rebounding office market. Elsewhere in southeast… Read More>>
Dalian Wanda Group chairman Wang Jianlin has used his status as China’s richest man to offer speeches and books on the way he built a local real estate company in northern China into one of the world’s largest property developers.
Hong Kong’s home prices have come under pressure from rising US rates, but at least one banker sees mainland demand keeping the city’s housing costs at their usual nosebleed levels. Also in the headlines, Wanda and R&F Properties sign an… Read More>>