Wanda Group’s head office in Beijing. The complex, which includes a cineplex and the Sofitel Hotel, has 500,000 square meters of space.Photo: SCMP/PROJECTOR POST MAGAZINE]

Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion

Proceeds from the disposal will be used to repay loans, according to a report in Caixin.

Topic |   China property

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Wanda Group’s head office in Beijing. The complex, which includes a cineplex and the Sofitel Hotel, has 500,000 square meters of space.Photo: SCMP/PROJECTOR POST MAGAZINE]
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