王健林热搜！“再卖48座万达广场”

Core Viewpoint - The article discusses the recent sale of 48 Wanda Plaza locations by Wanda Group, highlighting the strategic shift towards asset-light operations amid financial pressures and debt issues [1][2]. Group 1: Transaction Details - The 48 target companies involved in the transaction are located in major cities such as Beijing, Guangzhou, Chengdu, Hangzhou, Nanjing, and Wuhan [2]. - Market speculation suggests that the transaction amount could reach 50 billion yuan [2]. - This marks the second investment collaboration led by Taima Investment Group with Wanda, following a previous agreement to invest approximately 60 billion yuan in March 2024 [2]. Group 2: Financial Context - Wanda Group has been facing increasing financial strain, as evidenced by multiple instances of equity freezes and enforcement actions this year [2]. - The company has adopted a "sell, sell, sell" strategy to alleviate financial pressure, with asset sales being a direct method to recover funds [2]. - The sale of assets is seen as a necessary step for survival, while also aligning with Wanda's strategic goal of transitioning to a lighter asset model [2]. Group 3: Related Transactions - In April 2024, Tongcheng Travel announced an agreement to acquire 100% of Wanda Hotel Management Company for approximately 2.49 billion yuan, reflecting a valuation multiple of 9.5 times its adjusted EBITDA for 2023 [3]. - Wanda Hotel Management Company, part of Wanda's asset-light segment, reported a revenue of 890 million Hong Kong dollars for 2024, with an occupancy rate of 53.9%, down 2 percentage points year-on-year [3]. - Recent changes in ownership for Xu Zhou Wanda Plaza indicate a shift in management, with new stakeholders taking over from Wanda Group [3].