PAG Injects Capital Into Several Wanda Plazas as China Property Valuations Reset
Updated
Updated · South China Morning Post · Aug 17
PAG Injects Capital Into Several Wanda Plazas as China Property Valuations Reset
2 articles · Updated · South China Morning Post · Aug 17
Summary
June and July deals brought fresh PAG capital into several Wanda Plazas, adding foreign money to a Chinese property market still under strain.
Wanda has been selling assets to repay debt, and the new injections target mixed-use projects once central to Wang Jianlin’s Dalian Wanda Group.
Savills said global funds are testing China property again because years of stress have pushed prices to more attractive levels and improved risk-adjusted return prospects.
That interest is building alongside a pickup in property transactions in mainland China’s top cities this year, feeding speculation that parts of the sector may be stabilizing.