Asia Pacific real estate investment news and information
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>>
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>>
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>>
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>>
Dalian Wanda boss Wang Jianlin may no longer be China’s richest man, but he can still make a whole mountain disappear.
Wang’s Dalian Wanda Commercial Properties quietly sold off its equity in the $3 billion Changbaishan International Resort in northeastern… Read More>>
Dalian Wanda Group, once one of China’s most aggressive cross-border investors, has now reportedly put up for sale more than $5 billion of its remaining property projects in the UK, US and Australia, after the Chinese government ordered a review… Read More>>
During the last few weeks Dalian Wanda Group has announced the sale of more than $9.3 billion of its domestic hotel and tourism projects as the property developer controlled by billionaire Wang Jianlin struggles with a mountain of debt and… Read More>>
Dalian Wanda Group, China’s largest commercial property builder, is reportedly in the crosshairs of the country’s top leadership as China slams the brakes on an overseas acquisition binge by ambitious private firms.
A set of penalties levied against Wanda are… Read More>>
China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).
The acquisition is the latest twist on a sale of Wanda’s… Read More>>
China’s biggest real estate transaction ever seems to also include one of the biggest loans ever as Dalian Wanda is said to be providing RMB 29.6 billion in financing for Sunac to buy a portfolio of hotels and theme parks…. Read More>>
