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wang jianlin wanda

Dalian Wanda Buys Shanghai Commercial Site for RMB 575M

2019/03/14 by Jan Kot Leave a Comment

China’s largest commercial developer is set to add to its portfolio of nearly 300 shopping malls after Dalian Wanda Commercial Management Group purchased a site in southern Shanghai for RMB 575 million ($85.5 million).

Wanda Commercial, the development unit of… Read More>>

adrian cheng2

New World 1H Profit Jumps 29% and More Asia Real Estate Headlines

2019/02/27 by Nina Suebsukcharoen Leave a Comment

Both a Hong Kong and a mainland China property company are reporting good news today, with New World Development recording a 29 percent hike in core profit over a six month period, while Dalian Wanda successfully floated a $300 million… Read More>>

Wang Jianlin

Despite Financial Woes, Wanda Dominates China’s Top Commercial Developers in 2018

2019/02/11 by Jan Kot Leave a Comment

Dalian Wanda boss Wang Jianlin has been forced to scale back his ambitions and sell off overseas and non-core assets in the past two years, but his flagship real estate operation still has more than twice the operating revenue of… Read More>>

Pier 4 Tishman

Chinese Investors Sold $1B in US Real Estate in Q3 and More Asia Real Estate Headlines

2018/12/06 by Michael Cole Leave a Comment

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>>

Wang Jianlin Wanda

Wanda Targets 17 Mall Openings by Year-End

2018/12/04 by Emma Zhou Leave a Comment

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 Yang Guoqiang

Country Garden Plans $1B Convertible Bond and More Asia Real Estate Headlines

2018/11/18 by Michael Cole Leave a Comment

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>>

Pony Ma Tencent

Wanda and Tencent Reboot Retail Partnership With Smart Mall JV

2018/06/03 by Rafiaa Rumjahn Leave a Comment

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

2018/05/14 by Greg Isaacson Leave a Comment

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>>

Wang Jianlin

Wanda Saw 22% Drop in Profits From Commercial Properties in 2017

2018/05/01 by Shawna Kwan Leave a Comment

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>>

Dalian Wanda Wang Jianlin

Wanda Waves Bye Bye to Sofitel, Hyatt and Hilton in Quest to Build Own Hotel Brand

2018/04/09 by Shawna Kwan Leave a Comment

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>>

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