CHINA TOPIX

05/05/2024 12:13:44 am

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Edificio Espana

China's Dalian Wanda is in preliminary agreement to sell iconic Madrid building for $300 million to Spanish developer Baraka Global Invest.

China's Dalian Wanda to Sell Historic Madrid Skyscraper for $300M

Dalian Wanda Group, which is owned by China's richest man Wang Jianlin, has reached a preliminary agreement to sell its historic Madrid skyscraper to a Spanish developer Baraka Global Invest SL for $300 million, the company revealed on Friday to the Hong Kong stock exchange.

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