万达首次赎回一座万达广场

Core Viewpoint - Wanda Group has redeemed a Wanda Plaza for the first time after selling over 40 plazas, indicating a significant shift in its asset management strategy [4]. Group 1: Corporate Changes - On December 2, Yantai Zhifu Wanda Plaza Co., Ltd. underwent a business change, with Xinhua Insurance's subsidiaries exiting the shareholder list and Shanghai Wanda Ruichi Enterprise Management Co., Ltd. becoming the sole controlling shareholder [3]. - Shanghai Wanda Ruichi was established in 2023 with a registered capital of 50 million RMB and is wholly owned by Dalian Wanda Commercial Management Group [4]. Group 2: Financial Context - Dalian Wanda Commercial Management Group has faced a debt crisis in recent years, leading to multiple asset sales [6]. - A private equity fund named Suzhou Kuanyu Equity Investment Fund, with a total investment of 22.429 billion RMB, was established to facilitate the acquisition of 48 Wanda Plaza projects by a consortium of companies including Tencent and others [6]. Group 3: Recent Transactions - Following the establishment of the private equity fund, Wanda Commercial Management sold the Guangzhou Zengcheng Wanda Plaza, and the Shanghai Fengxian Fuli Wanda project was auctioned [7]. - The 48 Wanda Plaza projects involved in the acquisition are located in major cities such as Beijing, Shanghai, Guangzhou, and others [6].