Did Wang Jianlin sell the Chicago project to pay off his debts?

In recent years, whenever I talk about Wang Jianlin, I can't avoid a key word, that is? Sell? . Once said? Give it a small goal of earning 100 million first? In order to pay off debts, Wang Jianlin sold a lot of assets and led Wanda onto the road of light assets. By selling assets, Wanda reduced a lot of debt pressure and began to go into battle lightly. However, it is incomprehensible that Wang Jianlin did not stop selling assets even if Wanda was no longer trapped by debt. Wanda is selling assets again recently.

The sale project developed by Wanda Hotel is Vista Tower in Chicago, USA, with a planned total construction area of about 65,438+076,000 square meters. It is planned to build a five-star hotel with a height of 350 meters and 93 floors above ground. It is estimated that there will be 193 rooms and high-grade apartments, which will become the third tallest building in Chicago and a new landmark in Chicago.

Pre-sale of high-grade apartments began in September of 20 15, and by the end of February of 20 17, about 56% of the total saleable area had been pre-sold. At present, the main structure is under construction and is expected to be developed in 2020. In June, 2065438+2008, 1, Wanda launched the plan to sell overseas projects, and the purpose of this move was also clearly stated by Wang Jianlin at Wanda's annual meeting. Wang Jianlin said? In the past few years, Wanda has invested in many overseas projects, and now we have decided to pay off our overseas debts. We can sell half our assets to pay off all our debts.

By the end of 20 19, the net asset value of the project company was about HK$ 21930,000 and the after-tax loss was HK$ 21900,000. It is estimated that the sale will bring 94 million Hong Kong dollars to the development of Wanda Hotel. Wanda Hotel Development said in the announcement that the sale of the project is in line with the company's strategy of deleveraging and improving cash flow. Now is a good opportunity to realize the sale of the Chicago project. As the Chicago project is still under construction, the sale will help reduce the company's current and future debts and strengthen the company's financial situation. In addition, Wanda Hotel Development will be able to focus its resources on the development of hotel management and operation services, hotel design, hotel construction management and related consulting services. Wanda's sale of this project also means that Wang Jianlin has sold all overseas real estate assets.