Property conglomerate Wanda Group has announced the signing of an agreement with the municipal government of Yan’an, in the remote reaches of Shaanxi province, to build a Communist Party theme park in the city recognised as the birthplace of China’s communist… Read More>>
Wanda Targets 17 Mall Openings by Year-End
Wanda Group has announced that it is opening 17 new Wanda Plaza shopping centres in the last five weeks of this year, accounting for 34.7 percent of the company’s total new mall openings for 2018.
The surge of new debuts… Read More>>
China’s HNA Real Estate Takes Real Estate Out of Its Name
HNA Real Estate Holdings has been having a close-out sale of some of its biggest assets this year, but now the property division of China’s best-known, and most-indebted, aviation conglomerate is going a step further by taking the words real… Read More>>
Wanda Sells One Beverly Hills Project for a Reported $420M
Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire as reports last week confirmed that his Dalian Wanda Group had sold a prime Los Angeles site that was… Read More>>
Country Garden Plans $1B Convertible Bond and More Asia Real Estate Headlines
The Market Strikes Back could be the subtitle of today’s roundup of real estate news from around the region as developers in Hong Kong struggle to sell homes amid an unexpectedly steep downturn, and mainland developers scramble to arrange new… Read More>>
Wanda Takes on RMB 30B Tourism Project in Lanzhou
After selling 13 Wanda tourism cities to Sunac China less than two weeks ago, mainland real estate tycoon Wang Jianlin’s Dalian Wanda Group has agreed to build a new Wanda tourism city in the northwestern China city of Lanzhou.
The… Read More>>
Wanda Sells Tourism Management Business to Sunac for RMB 6.28B
Dalian Wanda Group ended weeks of speculation on Monday by confirming that it has sold its tourism management business to Hong Kong-listed Sunac China Holding for RMB 6.28 billion ($902 million).
The sale follows tycoon Wang Jianlin’s RMB 43.8 billion… Read More>>
Gaw Capital Reaches $1.3B Closing on Opportunity Fund and More Asia Real Estate Headlines
Hong Kong’s highest profile private equity firm has reached another milestone as Gaw Capital Partners is reported to have reached a $1.3 billion closing for its latest opportunity fund. Two more familiar players are also back in the news, as… Read More>>
Wanda Said to Sell Chicago, LA Projects to Close Out Overseas Portfolio
Wang Jianlin’s Dalian Wanda Group has agreed to sell off the last two assets it what once was a $5 billion overseas real estate portfolio, according to reports in the US media. A deal reported today to dispose of projects… Read More>>
Wanda Sells $600M Stake in AMC as Investment Retreat Continues
Wang Jianlin’s Dalian Wanda trimmed off another slice of the billionaire’s fading overseas empire last week when the property-to-entertainment conglomerate reached a $600 million agreement to hand over a stake in AMC Entertainment to private equity firm Silver Lake.
According… Read More>>
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