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        Business / Companies

        Coast resort a jewel in Wanda's crown

        By WANG ZHUOQIONG (China Daily) Updated: 2014-08-13 11:11

        Coast resort a jewel in Wanda's crown
        Wanda's IPO junked by regulator

        Coast resort a jewel in Wanda's crown
         Real estate giant invests billions of poundsin UK
        Wanda's realty strides

        June 2013

        Wanda Group signs agreement with Green Property to develop a real estate project in central London, which will include the company's five-star luxury Wanda Hotel.

        June 5, 2014

        Wanda Group's subsidiary company, Renville Invest SL, purchases the Edificio Espana building in Madrid. The property was sold by Santander Group, Spain's largest banking corporation.

        July 9, 2014

        Wanda Group says it will invest $900 million in the United States' second-largest city Chicago, to build the city's third-tallest building.

        Aug 8, 2014

        Wanda Group wins the bid for a plot of land located at 9900 Wilshire Boulevard in Beverly Hills, Los Angeles. Wanda plans to invest $1.2 billion to construct a mixed-use development. Wanda beat more than 10 bidders from Asia and North America for the project.

        Aug 12,2014

        Wanda Group purchases the upscale Jewel project in Australia's Gold Coast. Wanda will jointly develop the project with its original owners. The company plans to build a luxury five-star Wanda Vista hotel and serviced apartments.

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