Evening of January 16th，Wanda Hotel Development announced，Company with 3560.90,000 pounds (approximately 3.1.5 billion yuan) Sale of 60% shares of the holding company of the group’s London property project。According to announcement，This property is Wanda’s London ONE project in the Nine Elms area of ​​London。

The announcement has not disclosed the identity of the buyer yet。Follow the announcement，Wanda Hotel Development currently controls 60% of the project，The other 40% is held by Wanda Commercial Real Estate (Hong Kong) Co., Ltd.，Wanda Hong Kong has currently entered into a similar agreement to sell the remaining 40% shares of the project company，The price per share will be the same 188bet sports betting app download in this sale。In other words，The overall equity consideration of the London ONE project is approximately 5934.8 pounds (about 5.2.5 billion RMB)，Wanda spent 90 million pounds just to acquire this land in the early years。

However，If this transaction is to go through，You still need to wait for Ping An Bank to lift the loan and all related restrictions related to the shares sold，And waiting for the buyer to fully repay the shareholder loan on behalf of Wanda。According to announcement，The current total debt of the project includes approximately 1.Existing loan of £300 million、Additional loan of £12 million and existing interest of £17.94 million, etc.。

This is another adjustment of Wang Jianlin’s overseas assets。One month ago，Wanda Hotel Development announced that its controlling shareholder Wanda Overseas Co., Ltd. has entered into an agreement with Wanda Investment Holdings Co., Ltd.，will be 1 per share.Transfer price of HKD 65.04% of shares，The company is wholly owned by Wang Jianlin personally，And there is no equity overlap with Wanda’s domestic companies。

The above agreement has not been officially implemented yet。The overseas properties sold by Wanda Hotel Development 188bet online sports betting are still indirectly controlled by Wanda Overseas。Past years，Wanda Overseas、Wanda Development jointly plays the role of a platform for Wanda’s overseas acquisitions，Includes London, UK、Chicago, United States、The acquisition of projects in Sydney, Australia and other areas are all completed through this platform。

The London ONE project for sale，It is Wanda’s first overseas property project。2013，Wanda Group purchased the land from Irish developer Green Property for £90 million，Later promoted as “the tallest residential building in central London”。

London ONE is located in the core area of ​​London，Next to Buckingham Palace and London Eye。Composed of two skyscrapers forming a twin-tower structure，Includes residences、Apartments and a hotel，And expected to be completed in 2019。This project was officially launched on October 21, 2014，First phase sales of 200 apartments，One-bedroom apartments start at 75.£90,000，Total RMB 7.45 million。

In order to win this project，Wanda actually paid a lot of extra costs。According to the planning plan of the district government at that time，Wanda has also provided additional funds of no less than 188bet app download 25 million pounds to various local institutions，To build subway extension facilities and government low-rent public housing in the area。

It is worth mentioning，2017，Wanda was interested in buying another 10-acre piece of land in the Nine Elms Plaza area，Plot owners St Modwen and Vinci stated in June，They have been signed with 4.Contract to sell the land to Wanda’s Hong Kong subsidiary for GBP 700 million。But then Wanda gave up on the deal，The final acquirer became R&F and Zhongyu Real Estate。

188bet Online Sports Betting and Casino Text source: WeChat public platform “interface” (ID: wowjiemian）, Author: Liu Shiyang, original title: "Wanda “fire sale” ONE project in London, UK》