One of China’s biggest foreign investors is taking his acquisition streak to new levels as Wang Jianlin notched $16 billion in acquisitions so far this year, should the group’s latest proposal go through. China’s bureaucrats have been less successful in… Read More>>
Wanda Offer for Paramount is Wang’s Latest Hollywood Adventure
Continuing its surging interest in worldwide entertainment, Dalian Wanda Group is reportedly in talks to acquire 49 percent of Paramount Pictures, the only major American film studio still based in Hollywood.
The proposed studio deal follows just months after the… Read More>>
Ping An Bails Out Wanda’s London Project with $660m Loan
A stalled $1 billion London project planned by China’s Dalian Wanda Group has received timely financing after the Chinese developer’s plans suffered recent setbacks including a plunge in local property sales and having the Anglo-Chinese joint venture selected to build… Read More>>
Wanda Announces $1.2B Deal to Spread Theatre Empire Over Four Continents
Dalian Wanda-owned AMC Entertainment Holdings, the US theater chain acquired by the mainland property developer in 2012, announced on Tuesday that it will buy London-based Odeon & UCI Cinemas Group from a private equity firm for $1.2 billion.
Wanda’s latest cinema… Read More>>
Wanda’s Gold Coast Jewel Losing Lustre After Year of Slow Sales
China’s Dalian Wanda Group’s 512-apartment Jewel project on Australia’s Gold Coast may be losing its shine after the company revealed that only 25 percent of apartments in the luxury condo complex have sold since the joint venture with fellow Chinese… Read More>>
Wanda Revenues Climb 10% Following Overseas Acquisition Spree
Dalian Wanda Group reported a 10.6 percent increase in revenue to RMB 119.9 billion ($18 billion) for the first half of 2016, outperforming expectations of flat growth. The conglomerate controlled by billionaire Wang Jianlin saw its revenues rise thanks largely… Read More>>
Dalian Wanda Sells 20% of Units in $1Bil Chicago Project
Dalian Wanda Group is off to a strong start on its first luxury hotel-residential joint venture in the third-largest city in the US, with its development partner reporting that 20 percent of its available condominiums were sold since the project’s… Read More>>
Dalian Wanda Boosts HK Buyout Offer to $4.4B and More Greater China Real Estate Headlines
China’s richest man has upped his offer to buy back the Hong Kong-listed shares in Dalian Wanda Commercial property, plus Hong Kong home priced bounced back in April while credit agencies sound warnings over recent mainland site pricing and the… Read More>>
Snow White and Captain America Appear at Wanda Park – Disney Vows Action
Just days after predicting doom for Disney in China, and saying that the mainland had “passed the phase when we would go crazy for cartoon characters,” billionaire Wang Jianlin opened his latest theme park on Saturday with appearances by Snow… Read More>>
Is Hong Kong Blocking Wang Jianlin’s Share Buy-Back Plan?
After halting trading of Hong Kong-listed shares in his Dalian Wanda Commercial Properties more than a month ago, the path for Wang Jianlin to achieve his much-desired mainland listing is getting muddier as the Hong Kong stock exchange appears to… Read More>>
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