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wang jianlin

Wanda’s AMC Facing Imminent Default as COVID-19 Empties Movie Theatres

2020/04/14 by James Hatton Leave a Comment

American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese conglomerate Dalian Wanda bought the Kansas-based company for $2.6 billion.

Shares in the NYSE-listed firm closed down 20 percent to $2.08… Read More>>

Wang JIanlin Dalian Wanda

Dalian Wanda Plans $1B Singapore REIT Listing

2019/06/23 by Jan Kot Leave a Comment

China’s largest commercial developer, Dalian Wanda Group, is planning to list a real estate business in Singapore, in a deal that could value a portfolio of properties at over $1 billion,  according to a Wall Street Journal report.

The potential… Read More>>

Wang Jianlin

Wanda Sports Group Files for $500M NASDAQ IPO

2019/06/13 by Jan Kot Leave a Comment

Wanda Sports Group (WSG), the owner of the Iron Man Triathlon franchise and soccer marketing group Infront Sports, has filed for an initial public offering in the US with a goal of raising up to $500 million, according to an… Read More>>

Wang Jianlin Wanda

Wanda Shows a Rebound With RMB 100B in Deals in One Week

2019/05/22 by Jan Kot Leave a Comment

One-time PLA office Wang Jianlin seems to determined to show that his Dalian Wanda Group has completed its own long march, as the commercial developer this month has announced milestones for a trio of projects worth a combined RMB 100… Read More>>

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>>

Wang Jianlin PLA

Wanda Looks to Cash In on Red Tourism With $1.74B Communist Party Theme Park

2018/12/17 by Emma Zhou 1 Comment

Property conglomerate Wanda Group has announced the signing of an agreement with the municipal government of Yan’an, in the remote reaches of Shaanxi province, to build a Communist Party theme park in the city recognised as the birthplace of China’s communist… 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>>

Wanda Sells One Beverly Hills Project for a Reported $420M

2018/11/18 by Jan Kot Leave a Comment

Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire as reports last week confirmed that his Dalian Wanda Group had sold a prime Los Angeles site that was… Read More>>

wang jianlin wanda

Wanda Takes on RMB 30B Tourism Project in Lanzhou

2018/11/11 by Emma Zhou Leave a Comment

After selling 13 Wanda tourism cities to Sunac China less than two weeks ago, mainland real estate tycoon Wang Jianlin’s Dalian Wanda Group has agreed to build a new Wanda tourism city in the northwestern China city of Lanzhou.

The… Read More>>

Wang Jianlin Wanda

Wanda Said to Sell Chicago, LA Projects to Close Out Overseas Portfolio

2018/09/20 by Jan Kot Leave a Comment

Wang Jianlin’s Dalian Wanda Group has agreed to sell off the last two assets it what once was a $5 billion overseas real estate portfolio, according to reports in the US media. A deal reported today to dispose of projects… Read More>>

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