China’s power-buyers are now becoming America’s super-sellers as mainland investors unloaded $1 billion in US real estate in the most recent quarter, according to an account in the Wall Street Journal. Those Chinese investors show up again in today’s roundup… Read More>>
Wanda Targets 17 Mall Openings by Year-End
Wanda Group has announced that it is opening 17 new Wanda Plaza shopping centres in the last five weeks of this year, accounting for 34.7 percent of the company’s total new mall openings for 2018.
The surge of new debuts… Read More>>
Country Garden Plans $1B Convertible Bond and More Asia Real Estate Headlines
The Market Strikes Back could be the subtitle of today’s roundup of real estate news from around the region as developers in Hong Kong struggle to sell homes amid an unexpectedly steep downturn, and mainland developers scramble to arrange new… Read More>>
Wanda and Tencent Reboot Retail Partnership With Smart Mall JV
Chinese Internet giant Tencent is making a second attempt to help Dalian Wanda Group take its shopping mall empire online, as the maker of China’s ubiquitous WeChat app renews a once-failed partnership with the commercial developer.
Under the terms of… Read More>>
Asia Real Estate People in the News 2018-05-14
Leading today’s roundup of people moves, a formerly troubled Chinese developer has lured an investment banking veteran to take the reins as CFO, and a mid-sized Hong Kong property firm has welcomed a new MD for its commercial division. Wanda… Read More>>
Wanda Saw 22% Drop in Profits From Commercial Properties in 2017
Wanda Commercial Management Group, formerly known as Dalian Wanda Commercial Properties Co, recorded a 22 percent drop in profit generated from investment properties in 2017, according to a report in Tencent-owned business new site Yixian.
The developer’s operating profit from investment… Read More>>
Wanda Waves Bye Bye to Sofitel, Hyatt and Hilton in Quest to Build Own Hotel Brand
Dalian Wanda Group is saying goodbye to its partnerships with foreign hotel operators as the Chinese conglomerate continues its quest to build the first globally recognised Chinese premium hotel brand.
While the company has been forced to abandon its attempts… Read More>>
Wanda Drops Property From Company Name as Wang Moves Away From Development
Dalian Wanda Commercial Properties Co has officially changed its name to Wanda Commercial Management Group to “implement the company’s development strategy,” the firm said in a recent filing to the Shanghai Stock Exchange in accordance with bond regulations.
Wanda revealed that… Read More>>
Tencent, JD.Com, Suning and Sunac Bet $5.4B on Transforming Wanda into O2O Giant
Wanda boss Wang Jianlin has been selling properties in the UK, Australia and mainland China to help lessen his debt load, and now the owner of China’s biggest commercial developer is selling off nearly 14 percent of his flagship commercial… Read More>>
Beijing Plans $2.1B AI Park and More Asia Real Estate Headlines
The race to dominate the artificial intelligence industry leads today’s real estate headlines in the region as authorities in Beijing plan a RMB 13.8 billion AI-centred high tech park in China’s capital. Closer to the centre of the northern capital,… Read More>>
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 8
- Next Page »