Sale of Aus­tralian projects de­nied

China Daily (Hong Kong) - - BUSINESS -

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.

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