• January 29 10:09
    Wanda Sells Two Properties in Australia

    A unit of real estate giant Wanda Group has agreed to sell a commercial complex in Sydney and a five-star resort in Gold Coast for AU$315 million ($255 million), Wanda Hotel Development Co. Ltd. announced Monday

    The purchaser is Australian real estate investment company AWH Investment Group Pty Ltd.

    Wanda Group has continued to shed overseas assets since Chairman Wang Jianlin pledged to repay all of its overseas debt and promised not to default on any of its loans.

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