Sale of Australian projects denied
Dalian Wanda Group on Tuesday said that media reports about it fielding offers to sell two real estate projects in Australia were “completely false”. Dalian Wanda, owned by billionaire Chairman Wang Jianlin, has never held any discussions with any parties about sales of its two Australian projects, the company said in an emailed statement. The construction of the two projects is progressing smoothly, it added. The Australian Financial Review earlier reported, citing two sources, that discussions were underway in Hong Kong for the sale of Dalian Wanda’s $1 billion Circular Quay apartment and hotel tower in Syd- ney and its $900 million Jewel resort on the Gold Coast.