Dalian Wanda is investing $1bn in Sydney property

  • Dalian Wanda, the Chinese property giant, is investing $1 billion in an area close to Sydney Harbour.

    Blackstone, the US equity firm, said it was selling an office building in Sydney to the group for $327 million.

    Gold Fields House is located in Sydney’s prime business district, overlooking the Sydney Harbour.

    The company plans to construct a luxury hotel along with retail and residential units in the area, reports said.


    Tagged as: Dalian Wanda, Chinese property, Sydney Harbour, Blackstone, US equity firm, Gold Fields House, business news