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>>
Wanda Takes Theme Park Quest to Hunan in $16B Push and More Asia Real Estate Headlines
Wanda chairman Wang Jianlin is right where he likes to be, in the headlines. He revealed Dalian Wanda will spend $16 billion in Hunan province building malls, theme parks and various other things. Also of note, homebuyers are bailing on… Read More>>
Ping An Loan Could Be Backing Sunac Share Sale And More Asia Real Estate Headlines
This week’s news starts off with mainland developers finding creative paths to funding to deal with a government clampdown. Also making headlines on Monday, CK Property is offering discounts to attract buyers put off by Hong Kong’s new stamp duty… Read More>>
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