International Property

Analysts say the Chinese conglomerate may have difficulty finding someone to buy the assets, which include London’s One Nine Elms skyscraper

Wanda looks to offload five offshore projects for US$5 billion

Chinese conglomerate Dalian Wanda Group, once a serial acquirer of overseas assets, is offering to sell all five of its large-scale projects in Britain, the US and Australia to a single buyer for an estimated US$5 billion, as Beijing tightens control over companies’ offshore investments.

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