You've successfully copied this link.
Snapping up London
The Dalian Wanda Group is set to invest more than £1 billion in the UK.
The Chinese property development giant – and owner of the American movie theatre chain AMC – is building a 62-storey luxury hotel and an apartment building on the South Bank of the Thames.
It is also acquiring 92% of Sunseeker International, Britain’s largest yacht maker whose yachts have featured in James Bond movies.
Hongkong and Shanghai Hotels is looking to acquire a 50% stake in a site opposite the gardens of Buckingham Palace, spending £132 million to jointly develop the site with Grosvenor property group into a luxury hotel under its Peninsula brand.
Read more on The Standard.
[Image source: Wang Jianlin by World Economic Forum on Flickr.com]
Liked this article? Sign up for free to get Juwai Juwai Asia Market updates!
Resources
Contact Us
- Shanghai: +86 21 6015 9000
- Hong Kong: +852 5804 4670
Juwai.com
Our Chinese consumer site, Juwai.com, is the largest Chinese international property portal and the market leader in China. + See Juwai.com site
Juwai Asia News
Subscribe to receive the latest news on Asian buyers, the Asia market, and Juwai.
2021 © Juwai. All Rights Reserved Privacy Policy | Terms of Service
