Wang Jianlin announced Wanda bid farewell to real estate?

Wanda has said for half a year that it is no longer a real estate company. Late at night on August 9th, Wanda Hotel Development announced that it planned to acquire all the shares of Wanda Lv Wen from Wanda Culture for 6.3 billion yuan and Wanda Hotel Management Company for 750 million yuan. Wanda bid farewell to real estate completely! So why did Wanda withdraw from real estate?

In recent months 1 month, the key words given by Wanda Group to the outside world are: slimming, realizing, shrinking and quitting. ...

First, in July of 19, Wanda Commercial signed transfer agreements with Sunac China and R&F Property respectively, and Wanda transferred the entire equity of 77 city hotels and 9 1% equity of 13 cultural tourism projects to R&F and Sunac respectively, with a total price of 63.75 billion yuan.

Wang Jianlin's determination in the transformation strategy of the group's light asset model is very firm, and the pace of transformation is very fast and firm, not just lip service.

Wang Jianlin announced at Wanda's annual meeting that Wanda's business has successfully transformed into light assets. Of the 50 wanda plaza companies opened on 20 16, 2 1 is a light asset. 20 16 in the fourth quarter, Wanda Commercial signed 90 wanda plaza contracts with CITIC Trust, Minsheng Trust and R&F Group, with an investment contract value of 654.38+005 billion yuan. These newly opened wanda plaza belong to the light asset model. From 20 17 to 20 19, 30 sets of wanda plaza will be delivered to investors every year, and the net rent will be shared equally by both parties.

In less than ten months, Wang Jianlin transformed a behemoth with total assets of 796,654.38 billion yuan and annual income of 255 billion yuan into a "light asset" company.

The pace of Wanda's asset restructuring has suddenly accelerated since July. On July 10, Wanda Commercial Real Estate and Sunac China issued a joint announcement: Sunac acquired 9 1% equity of Wanda 13 Cultural Tourism City Project and 76 hotels for 29.575 billion yuan and 33.595 billion yuan respectively.

Why did Wanda withdraw from real estate?

All Wanda's actions are not irregular, but its main line is actually very clear: light assets.

Today, the official WeChat of Wanda Group said that Wanda Lv Wen and Wanda Wine Tube injected into the development of listed company Wanda Hotel are both light asset company. Wanda Lv Wen is mainly engaged in the design, construction and operation management of theme parks. Wanda Wine Pipe is mainly engaged in hotel design, construction and operation management.

Wanda sells hotel assets, but retains the hotel management company, and the Wanda Hotel sold is still managed by the hotel management company; Wanda sold 9 1% equity of Wanda City to Sunac China, but Wanda is still the brand owner and manager of Wanda City.

After the relocation of 100 billion assets, Wanda announced that "Wanda will bid farewell to real estate completely". Wanda's light asset company includes Wanda Commercial Management, Wanda Cinema, Wanda Hotel Management, Wanda Theme Entertainment, Wanda Children's Entertainment, Wanda Sports and Big Health Industry.

Next, Wanda's main business will become to build and manage shopping centers for other investors, and Wang Jianlin will no longer say "invest in the United States in two or three years/KLOC-0.00 billion US dollars".