trending Market Intelligence /marketintelligence/en/news-insights/trending/ifyett0lvjwcnqztyxlv8g2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Dalian Wanda confirms €272M deal for Madrid property

Lithium Sector - Production and Supply Outlook

Connected Car Connectivity Growing As Cars Get Smarter

State Of Indonesian Online Video: Subscription

Virtual Multichannel Revenues Projected To Soar In Next Five Years


Dalian Wanda confirms €272M deal for Madrid property

DalianWanda confirmed recent media reports concerning the sale of the Edificio Espanabuilding in Madrid.

Amemorandum of understanding was signed between Wanda Europe Real EstateInvestment Co. Ltd. and Baraka Global Invest SLU on July 12 regardingnegotiations and a possible sale of the historic building.

Barakahas offered €272 million for the entity that owns the 25-story property,according to a statement from Wanda Hotel Development Co. Ltd.

WandaEurope is 60% owned by Wanda Hotel Development while the remaining stake isheld by Dalian Wanda CommercialProperties Co. Ltd.

Barakahas paid €1 million in earnest money and has been granted an exclusivity periodto conduct due diligence and negotiations until Oct. 15.