Asian investors seem to have discovered Germany’s real estate market last year as purchases of Germany property reached $1.27 billion in 2013.
While still a fraction of the sums put into the US or UK markets, the new investment record… Read More>>
Wang Jianlin Scoops Up Spanish Skyscraper for $358M
Dalian Wanda, the property group controlled by Chinese billionaire Wang Jianlin has acquired the historic Edificio Espana building in Madrid for €260 million (US$358.6 million) according to a leading Spanish politician.
The acquisition of the skyscraper, which was Europe’s tallest… Read More>>
Wanda’s Wang Jianlin Doubles Money on US Theatre Investment
Billionaire Wang Jianlin got $900 million richer in eighteen months by making a US investment that many observers at the time dismissed as an ego move.
The chairman of China’s Dalian Wanda has seen his original $800 million share purchase… Read More>>
Cameron says China’s Wanda to invest up to $5B in UK
Dalian Wanda, the property developer headed by China’s richest man, plans to invest up to 3 billion pounds ($5 billion) in regeneration projects in Britain, Britain’s prime minister said on Friday.
Prime Minister David Cameron unveiled the investment after meeting Dalian Wanda’s chairman Wang Jianlin in Davos this week. It comes after Cameron led the largest-ever British mission to China last December that involved about 100 business people.
Developer Wanda Plans 24 New Malls and 18 More Hotels in 2014
Dalian Wanda, the conglomerate controlled by China’s richest man, Wang Jianlin, has made outlandish headlines a routine occurrence in recent months, however, the company’s recent announcement of plans to add 24 new shopping malls within the next year, as well as 18 new five-star hotels, seems a bit crazy.
Even for a company that recently decided to take on Mickey Mouse, with plans for an amusement park in Wuxi that Wang challenged observers to compare “head to head with Shanghai Disney in terms of park visitors, and amount of revenue and see who is better.”
Dalian Wanda’s Wang Jianlin Declares War on Disney
China’s richest man is getting ready to face off with the world’s best known mouse.
Wang Jianlin, the founder of real estate developer Dalian Wanda has announced plans to invest tens of billions of renminbi into a “cultural city” destination… Read More>>
China’s Major Cities Hit Land Sales Records in 2013 – Today’s China Real Estate Links | December 27, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Land sales in major cities hit a record high in 2013,… Read More>>
China’s Richest Man Invites Shareholders to Help Pay Tuition
Wang Jianlin, whose Dalian Wanda Group has made some of China’s boldest overseas acquisitions, is now seeking $318 million of investment from his existing shareholders to help continue the company’s acquisitions of hotel companies, overseas real estate, yacht makers, and… Read More>>
Wang Jianlin Loses #1 China Billionaire Spot to Robin Li – Today’s China Real Estate Links | December 5, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Robin Li passed Wang Jianlin as the richest man in… Read More>>
What Bloomberg is Afraid to Report About China’s Richest Man
Outgoing New York mayor Michael Bloomberg made his billions selling information. However, when it comes to publishing news on how Wang Jianlin, one of China’s biggest overseas investors, became the country’s richest man through government connections, then apparently the story… Read More>>