Wanda Finds Buyer for $1.2B Beverly Hills Real Estate Development | Hollywood Reporter

Chinese billionaire Wang Jianlin is finally letting go of his prized real estate holding in Los Angeles, the $1.2 billion luxury development site known as One Beverly Hills. The tycoon’s Beijing-based conglomerate Dalian Wanda Group has entered into a deal to sell control of the project to Canadian developer Triple Five Group, a source with knowledge of the situation tells The Hollywood Reporter.
— Read on www.hollywoodreporter.com/news/wanda-finds-buyer-12b-beverly-hills-real-estate-development-1146422