Transactions - NOVEMBER 17, 2017

Chinese conglomerate to sell $5b in property projects

by Andrea Waitrovich

Dalian Wanda Group has plans to sell five large-scale projects in Britain, the United States and Australia to a single buyer for an estimated $5 billion, according to South China Morning Post.

The firm desires to have one buyer who can snap up five development projects in five cities.

The sale includes the $1 billion One Nine Elms in London, the $900 million Vista Tower in Chicago, the $1.2 billion One Beverly Hills in Los Angeles, the $1 billion One Circular Quay in Sydney and the $900 million Jewel Resort in Gold Coast.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.