Dalian Wanda Group today said that it no longer has possession of a £470 million London housing project, with sources familiar with the newly transferred property indicating that the Chinese developer has transferred the Nine Elms Square site to a… Read More>>
Wanda Beats Out Disney for Gansu Theme Park Deal and More Asia Real Estate Headlines
Wanda returns to its quest for theme park hegemony today by boldly going where Mickey and Minnie would fear to tread. Plus, a major state-run developer announces plans to ramp up Hong Kong projects just days after China’s top authorities… Read More>>
Wanda Moves Forward With $605M London Deal Despite Govt Curbs
China’s clampdown on outbound investment hasn’t stopped Wanda Group from moving ahead with at least one overseas real estate project, as the Beijing-based conglomerate has completed its £470 million ($605.3 million) acquisition of Nine Elms Square in London.
Wanda has… Read More>>
Wanda Mall Sell-Off Raises Questions on Health of China Operations
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>>
Wanda Selling Stakes in UK, US and Aussie Projects in $1B Restructuring
Dalian Wanda Group is selling stakes in nearly $4.5 billion in real estate projects across the UK, US, China and Australia to a privately held company controlled by its chairman Wang Jianlin, according to an announcement to the Hong Kong… Read More>>
Wanda Denies Reported Fire Sale of $1.5B in Aussie Projects
Dalian Wanda Group, China’s largest commercial property developer, has denied reports that it is seeking an exit from its two flagship Australian projects totalling $1.5 billion, amid a regulatory crackdown on overseas investment.
Sources told The Australian Financial Review that… Read More>>
Sunac Plans $1B Bond Sale and More Asia Real Estate Headlines
China’s acquisitive corporate giants can’t seem to catch a break these days. In today’s news, debt-addled Sunac China is looking to sell up to $1 billion in US dollar bonds after snapping up nearly $15 billion in assets over six… Read More>>
Wang Jianlin’s Movie Studio Dreams Turn to Dust and More Asia Real Estate Headlines
China’s cross-border giants continue to dominate the headlines today as news breaks of Wang Jianlin selling off his dreams of Hollywood by the East China Sea. Not to be pushed from the spotlight, HNA also grabs reader attention with the… Read More>>
CapitaLand’s Ascott Buys Out US Competitor for $34M and More Asia Real Estate Headlines
While China’s Xi-change on cross-border investment grabs attention, investors from Singapore and other Asian markets continue to snatch up property assets in far away places. At the top of the headlines today, Singapore’s Ascott becomes the country’s second property firm… Read More>>
Wanda Swears Off Overseas Deals After Cross-Border Xi Change
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>>
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