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China's Wanda says it's reassessing plans for Madrid project

Published Thu, Jan 28, 2016 · 09:50 PM
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Beijing

CHINESE property giant Wanda, owned by one of the country's richest men Wang Jianlin, is reassessing plans for a historic Madrid skyscraper, it said on Thursday, amid a dispute over its redevelopment.

In a statement, the real estate and entertainment company also denied reports that Mr Wang complained he had been treated "like a dog" by the city's government in negotiations.

Wanda acquired the 25-storey Edificio Espana, built in the 1950s under the dictatorship of General Francisco Franco, in J…

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