KM Financial Solutions | Wanda Hotel sees $55 mln gain from sale of stake in London property unit
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Wanda Hotel sees $55 mln gain from sale of stake in London property unit

Wanda Hotel sees $55 mln gain from sale of stake in London property unit

HONG KONG, Jan 17 (Reuters) – Wanda Hotel Development Co Ltd
, a unit of conglomerate Dalian Wanda Group, will post
a HK$434 million ($55 million) gain from the sale of a 60
percent stake in a company that invests in the high-profile One
Nine Elms project in London.

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