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>>
Ping An Bails Out Wanda’s London Project with $660m Loan
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>>
Chinese to Account for 10% of Global Hotel M&A by 2017
A market analysis report released this month by international real estate advisor Savills, predicts that Chinese investors will increase their share of global cross border hotel acquisitions from the current level of 4% to 10% by 2017.
The report predicts… Read More>>
Chinese Investment in London Real Estate a Top Global Trend
Chinese investment in UK real estate didn’t just make headlines in China last year, according to one recent report, the flow of Chinese wealth into downtown London is a top global trend.
Chinese investors were behind a number of attention-grabbing… Read More>>
Dalian Wanda Completes Acquisition of $1.1 Billion London Project
Following through on a deal originally announced in June, Chinese real estate developer Dalian Wanda last week completed the acquisition of the One Nine Elms project for more than US1.1 billion from the UK’s Green Property.
According to an announcement… Read More>>