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Wanda lights up China’s great property firesale

Summary by breakingviews.com

Asian buyout firm PAG and Tencent are acquiring 48 megamalls, known as Wanda Plazas, in a $7 bln deal. The valuations for the prime properties appear distressed. At least Wanda Chair Wang Jianlin is able to monetise his vast portfolio in a weak market.

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breakingviews.com

Wanda lights up China’s great property firesale

Asian buyout firm PAG and Tencent are acquiring 48 megamalls, known as Wanda Plazas, in a $7 bln deal. The valuations for the prime properties appear distressed. At least Wanda Chair Wang Jianlin is able to monetise his vast portfolio in a weak market.

4 days ago

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breakingviews.com broke the news in 4 days ago on Monday, June 2, 2025.

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