• Wanda down under
Asian investor Wanda has made its first investment in Australia, buying into a Gold Coast development. An AUD271m deal will give it 55% of a high rise resort hotel, apartments and retail scheme, reports The Australian.

Wanda is in joint venture on the project with two Asian individuals who own the remaining 45%. Wanda has recently invested in commercial and hotel projects in Los Angeles, Chicago and Madrid.
Read the full story here:
http://www.theaustralian.com.au/business/latest/wanda-commercial-properties-to-invest-271m-in-gold-coast-project/story-e6frg90f-1227021731151?nk=8c600caa1df5d10a23d9f0d62771682d
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