Beijing may be tightening up its capital controls, but the government is also taking steps to clear the path for more overseas acquisitons, following a recent move by the State Council. If there is an uptick in cross-border deals, they… Read More>>
China’s Wanda Said Bidding Against Blackstone to Acquire UFC for $4B
Chinese billionaire Wang Jianlin is locked in a takeover battle that involves some real life elbow strikes and spinning back kicks as China’s richest man is reportedly bidding against US alternative investment giant the Blackstone Group, and two other companies… Read More>>
Hang Lung’s Ronnie Chan Unsure When Retail Will Recover and More China Real Estate Headlines
One of the region’s most loquacious mall developers has little good to say about the region’s retail market, China’s real estate recovery continues to spread from tier-one cities to areas just next to them, and Wang Jianlin makes a big… Read More>>
Wang Jianlin Building Chicago’s Priciest Penthouse and More China Real Estate Headlines
China’s richest man is hoping to bring New York luxury (and Manhattan real estate prices) to the Midwest, while major mainland developers are keeping calm about the 2016 outlook, despite a first quarter market recovery. And another type of land… Read More>>
Anbang Buys Allianz Korea Insurance and More China Real Estate Headlines 2016-04-06
After taking a few days off from its acquisition drive, Anbang is back in deal-making mode this week buying a loss-making Korean insurer for a reported $260 million. Meanwhile Greenland Group becomes the first foreign developer to employ a non-local… Read More>>
Wang Jianlin Continues Hollywood Romance with $1.1B Theater Deal
China’s Dalian Wanda Group continues to expand into the global cinema industry as the company’s AMC Entertainment Holdings subsidiary agreed last week to buy out rival Carmike Cinemas in a $1.1 billion all cash deal.
AMC’s acquisition of the US’s… Read More>>
Wanda Confirms Investment in $3.4B French Leisure Destination
Dalian Wanda Group, the property, entertainment and finance conglomerate controlled by billionaire Wang Jianlin, confirmed on Friday that it will co-invest with France’s Auchan Group in the 3.1 billion euro ($3.4 billion) Europa City leisure and retail project being developed… Read More>>
Will Wang Jianlin’s Big European Deal Be A French Theme Park?
Wang Jianlin is touring Europe this week on a promotional tour and China’s richest man has promised to announce a major deal between his visits to the British Museum, Oxford University and other European sites.
Now it appears that Wang’s… Read More>>
Goldman Sachs Predicts Property Rebound and More China Real Estate Headlines 2016-02-25
The world’s best known investment bank is giving a big thumbs up to the mainland’s prospects for a property recovery, but down in Hong Kong developers are predicting tough times as luxury rental rates are now following home prices downward…. Read More>>
Wanda Denies Bitching About Madrid and More China Real Estate Headlines 2016-01-31
Wang Jianlin may be frustrated about his company’s challenges in renovating a historic Madrid skyscraper, but the Chinese billionaire denies complaining about being treated like a dog by Spanish authorities. Plus Hang Lung’s ever-confident Ronnie Chan now sounds non-plussed by… Read More>>
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