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China's Wanda to sell Madrid project for 272m euros

Saturday, July 23, 2016 - 05:50

Shanghai

CHINA'S property giant Wanda, owned by the country's richest man Wang Jianlin, has signed a memorandum of understanding (MOU) to sell a historic Madrid skyscraper to a Spanish developer for 272 million euros (S$407 million), the company said on Friday.

Wanda plans to sell