Asia Pacific real estate investment news and information
Continuing its surging interest in worldwide entertainment, Dalian Wanda Group is reportedly in talks to acquire 49 percent of Paramount Pictures, the only major American film studio still based in Hollywood.
The proposed studio deal follows just months after the… Read More>>
A stalled $1 billion London project planned by China’s Dalian Wanda Group has received timely financing after the Chinese developer’s plans suffered recent setbacks including a plunge in local property sales and having the Anglo-Chinese joint venture selected to build… Read More>>
Dalian Wanda-owned AMC Entertainment Holdings, the US theater chain acquired by the mainland property developer in 2012, announced on Tuesday that it will buy London-based Odeon & UCI Cinemas Group from a private equity firm for $1.2 billion.
Wanda’s latest cinema… Read More>>
China’s Dalian Wanda Group’s 512-apartment Jewel project on Australia’s Gold Coast may be losing its shine after the company revealed that only 25 percent of apartments in the luxury condo complex have sold since the joint venture with fellow Chinese… Read More>>
Dalian Wanda Group reported a 10.6 percent increase in revenue to RMB 119.9 billion ($18 billion) for the first half of 2016, outperforming expectations of flat growth. The conglomerate controlled by billionaire Wang Jianlin saw its revenues rise thanks largely… Read More>>
China’s 2016 housing boom is already showing signs of tapering off, as fewer cities reported rising prices in May, according to the latest government figures. The home price news hasn’t stopped developers from paying record prices for land, and the… Read More>>
The mainland’s publicly listed developers have taken on more debt than ever in the last year, but over the in the US, major mainland investments are expected in the hotel sector. Plus Anbang’s Wu Xiaohui decides to skip an event… Read More>>
Dalian Wanda Group is off to a strong start on its first luxury hotel-residential joint venture in the third-largest city in the US, with its development partner reporting that 20 percent of its available condominiums were sold since the project’s… Read More>>
Just days after predicting doom for Disney in China, and saying that the mainland had “passed the phase when we would go crazy for cartoon characters,” billionaire Wang Jianlin opened his latest theme park on Saturday with appearances by Snow… Read More>>
China’s richest man, Wang Jianlin, is predicting tough times ahead for Shanghai Disney Resort, the $5.5 billion entertainment project due to open next month in the city’s Pudong district.
Speaking in an interview on CCTV over the weekend, Wang, who… Read More>>
