Radar > 233362

Dalian Wanda Group could sell Edifico España

Dalian Wanda Group podría vender el Edifico España

Intel ID : 233362
Synopsis

Dalian Wanda Group, controlled by Chinese entrepreneur Wang Jianlin, could be interested in looking for buyers for Edificio España and, consequently, it could be negotiating with several real estate companies, such as Knight Frank, JLL and Aguirre Newman, among others, as published by newspaper Cinco Días on 27 January 2016.

Wang Jianlin acquired Edificio España, in 2014, aiming to demolish it and build a five-star hotel, a shopping mall and luxury homes. According to rumors, because of the Madrid heritage committee's reluctance, Jianlin was forced to maintain the building facade, and Dalian Wanda Group would be evaluating a possible divestment.
(content in spanish)

La empresa Dalian Wanda Group, propiedad del empresario chino Wang Jianlin, podría estar interesada en buscar compradores para el Edificio España y, en consecuencia, estaría en conversaciones con diversas consultoras inmobiliarias como Knight Frank, JLL y Aguirre Newman, entre otras, según ha publicado el diario Cinco Días el 27 de enero de 2016.

El Edificio España fue adquirido por el magnate chino en el año 2014, con el objetivo de demolerlo y construir en su lugar un hotel de cinco estrellas, un centro comercial y viviendas de lujo. Según los rumores, debido a las reticencias de la comisión de patrimonio de Madrid que ha obligado a Jianlin a mantener la fachada del edificio, Dalian Wanda Group estaría evaluando la posibilidad de realizar la desinversión.

Bidder

China

Advisors

prospect
prospect
prospect

Intel ID 233362
Value ND
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.99 Other Real Estate
25 Financial Services / 25.03 Real Estate

Country
Description

Other

Radar

Date Title Type Intel Grade Country Subsector  

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.