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Dalian Wanda logs 23.59B yuan of 4-month contracted sales

said it and its subsidiaries posted around 23.59 billion Chinese yuan of contractedsales for the first four months of 2016.

The salesbetween January and April accounted for approximately 2,693,000 square meters ofcontracted sales area.

In April,the company and its subsidiaries acquired two projects in China for approximately 270 million yuan.These projects have a total site area of 117,000 square meters and a total grossfloor area of 219,000 square meters.

DalianWanda has invested around5.29 billion yuan in land acquisitions between January and April, spanning a totalsite area of 1,789,000 square meters and a total gross floor area of 3,249,000 squaremeters.

For April,the company said it opened a new Wanda Plaza. No new hotels commenced operationsin the month.

Dalian Wanda recorded a year-over-year drop in contracted salesduring the first quarter, amounting to around 15.3 billion yuan, as previously .

As of May 9, US$1 was equivalentto 6.51 Chinese yuan.