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Corporation
FINANCIAL | Real Estate / Commercial Real Estate Investment
wandaplazas.com

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Founded Year

2002

Stage

Private Equity | Alive

Total Raised

$12.844B

Last Raised

$5.991B | 4 mos ago

About Wanda Commercial Management Group

Wanda Commercial Management Group is a commercial property holding, management, and operation company, and the only business platform for commercial property investment and operation under Wanda Group.

Wanda Commercial Management Group Headquarter Location

No. 93 Jianguo Road Floor 21-25, Tower B, Wanda Plaza

Beijing, Beijing, 100022,

China

+86-10-85853888

Latest Wanda Commercial Management Group News

Dalian Wanda Properties' A-Share Relisting Plan Encounters Setback

Nov 22, 2016

Tweet Chinese property Tycoon Wang Jianlin’s plan to relist his real estate empire from Hong Kong to mainland China encountered its first setback after a reverse merger counterpart terminated a proposed deal. Shenzhen-listed Beijing Soft Rock Investment Group revealed in a securities filing that the two parties were not able to reach agreement on the timetable of the major asset restructuring. Beijing Soft Rock Investment Group, a real estate developer and restaurant operator, previously planned to issue new shares in exchange for all the stakes in Dalian Wanda Commercial Properties. Dalian Wanda is currently seeking other choices for a back-door listing, including Shanghai-listed China Sports Industry Group, according to media reports citing insiders. Wanda Commercial, the property arm of Wang’s Dalian Wanda Group, was delisted from the Hong Kong Stock Exchange on September 20 after a HK$34.5 billion buyout. Wang is seeking to re-list the unit domestically at a better valuation. Wanda Commercial is aiming to go public in mainland China before August 31, 2018. Failing that, Wang would buy back its shares with up to 12% annual return for investors who funded the privatization deal. [Please send your news, tips, and feedback to [email protected] ]

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