Leading the region’s real estate news today is the latest Singapore-based listed trust, which now offers investors units representing retail properties across Greater China. Also in the headlines, GLP leases more sheds, and the state-backed investors behind Evergrande’s privatisation plan…. Read More>>
Dalian Wanda Revenues Drop 14% Despite Global Expansion Spree
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.
Guangzhou CTF Tower Opens as China’s Second Tallest and More Asia Real Estate Headlines
If reaching the apex of the world’s fourth tallest building is on your bucket list, then you now have another reason to visit Guangzhou, following the completion of the new 1,739 foot tall tower there. Also in the news this… Read More>>
Dalian Wanda Sells Failed Madrid Project at $75M Loss
After abandoning plans to renovate a Madrid landmark, Wang Jianlin’s Dalian Wanda Group has sold off the historic Edificio Espana at a loss equivalent to $75 million, according to a statement to the Hong Kong stock exchange last week.
Wanda,… Read More>>
Wang Jianlin Says Trump Could Cost US 20,000 Wanda Jobs
Chinese billionaire and tycoon Wang Jianlin has a piece of advice for US president-elect Donald Trump in relation to his US-China policy.
“I just met with the chairman of Motion Picture Association of America and he was going to meet… Read More>>
Citic and Carlyle Close in on $3B Deal for China McDonald’s and More Asia Real Estate Headlines
McDonald’s may not get a break today, but the fast food giant appears close to selling off its China stores to a consortium led by Carlyle and Citic according to news reports that value the transaction at u to $3… Read More>>
With Debt Restructured, Kaisa Celebrates With Plans for $4.4B Shenzhen Theme Park
It’s hard to blame troubled developer Kaisa Group for wanting to have a little fun. After two turbulent years, which saw the homebuilder run into trouble with the Shenzhen government and default on loans before finally restructuring its debts, the… Read More>>
Mystery Buyer Of Asia’s Most Expensive Apartment Revealed and More Asia Real Estate Headlines
Wednesday is here and so too is another round of Asia’s top real estate headlines. Today sees the buyer of Asia’s most expensive unmasked while China Overseas Land and Dalian Wanda are dealing with unforeseen setbacks. Also in the news,… Read More>>
Wanda Announces 2nd $15B Plan in 1 Week as Xi’an Theme Park to Follow Changsha
Ever wanted to know how many bumper cars, rigged midway games, oversized spinning tea cups and people dressed up as cartoon animals could be bought with $47 billion? Well, Dalian Wanda chairman Wang Jianlin will soon have the answer after… Read More>>
Wanda’s $1.1B London Project Delayed Again As Second Builder Bails
When Dalian Wanda acquired the $1.1 billion One Nine Elms project from the UK’s Green Property in 2013, it was supposed to be a launchpad for Wang Jianlin’s international ambitions. Unfortunately the London luxury real estate complex has been more… Read More>>
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