# Wanda Group
Latest news and articles about Wanda Group
Total: 2 articles found
Wanda Sells the Crown Jewels: Wang Jianlin Trims Assets to Buy Time
Wanda has accelerated the sale of mall properties, including the deeply discounted Zhuanqiao Wanda Plaza in Shanghai, to plug large near-term funding gaps. The disposals are part of a deliberate shift to a light-asset, operator-focused model, but heavy leverage and high refinancing costs mean the company remains vulnerable and dependent on investor tolerance.
Wanda Sheds Shanghai Mall to State-Linked Buyer as Large-Scale Asset Sales Continue
Wanda has sold its Shanghai Zhuanqiao Wanda Plaza for 2.048 billion yuan to a Suzhou-based company ultimately controlled by a Zhejiang trust with state links, part of an ongoing programme that has seen over 80 Wanda Plazas change hands since 2023. The disposals form one prong of Wanda’s effort to shore up liquidity amid large debt maturities, even as state-related and institutional buyers signal confidence in the earnings power of mature shopping centres.