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Wang Jianlin Wanda

Wanda Hotel Unit Changes Hands for $470M Amid Restructuring Drive

2017/12/05 by Greg Isaacson Leave a Comment

Chinese billionaire Wang Jianlin is continuing to restructure his commercial property empire, by personally purchasing a controlling stake in Dalian Wanda Group’s Hong Kong-listed hotel unit for HK$3.67 billion ($470 million).

Through the proposed transaction, a vehicle wholly owned by… Read More>>

Wang Jianlin

Wanda Slid Out of $3B Ski Resort Investment as Downhill Run Began

2017/12/04 by Greg Isaacson Leave a Comment

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>>

Wang JIanlin

Wanda Said Selling $5B in US, UK and Aussie Projects After Credit Downgrade

2017/11/17 by Michael Cole Leave a Comment

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>>

Wanda Wang Jianlin

China’s Outbound Property Investment Drops 51% and More Asia Real Estate Headlines

2017/11/10 by Michael Cole Leave a Comment

At the top of today’s news, after government authorities hung a few developer skins on the wall the country’s clampdown on outbound real estate deals seems to have had an impact. Meanwhile Wang Jianlin has high hopes for the penthouse… Read More>>

Wanda Hits Twin US Setbacks as Culture Chief Quits, Beverly Hills Partner Exits

2017/10/18 by Greg Isaacson Leave a Comment

Dalian Wanda Group is facing a fresh set of overseas headaches, this time in Southern California, as its US partner bails on a $1.2 billion development project in Beverly Hills and the company’s top executive in Hollywood steps down.

Athens… Read More>>

Wanda’s Wang Still in the Weeds as Golf Courses Called Out of Bounds

2017/10/17 by Greg Isaacson Leave a Comment

Wang Jianlin’s Dalian Wanda Group continues to find itself deep in China’s regulatory rough this week as mainland authorities have shut down two of the company’s high-end golf courses amid an austerity drive.

The courses are part of Wanda’s Changbaishan… Read More>>

yang huiyan country garden2

Country Garden’s Yang Huiyan Helps Boot Wang Jianlin From Top of China Rich List

2017/10/12 by Greg Isaacson Leave a Comment

Country Garden’s Yang Huiyan has vaulted onto the top 10 list of China’s richest individuals, while Wanda boss Wang Jianlin was dethroned by Evergrande’s Xu Jiayin for the number one spot, according to the latest annual ranking published by the… Read More>>

Bharat Bhise HNA

Former HNA Shareholder Says He Was a Proxy and More Asia Real Estate Headlines

2017/10/05 by Michael Cole Leave a Comment

As China’s HNA tries to impose some clarity onto its famously opaque ownership, the company’s former major shareholder has revealed this week that he only held the shares as a favor to the real owners. Meanwhile Wanda boss Wang Jianlin’s… Read More>>

Nanchang Wanda Plaza

Wanda Mall Sell-Off Raises Questions on Health of China Operations

2017/08/16 by Michael Cole Leave a Comment

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>>

Wang Jianlin Wanda

Wanda Selling Stakes in UK, US and Aussie Projects in $1B Restructuring

2017/08/13 by Greg Isaacson Leave a Comment

Dalian Wanda Group is selling stakes in nearly $4.5 billion in real estate projects across the UK, US, China and Australia to a privately held company controlled by its chairman Wang Jianlin, according to an announcement to the Hong Kong… Read More>>

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