Guangzhou Wanda City: Wanda Investment of the 8th Wen Travel project

Summary: Non-stop. From the 100th Wanda Plaza to the 8th Wanda City, from Kunming to Guangzhou, Wanda Group chairman Wang's footsteps did not slow down during the silent period of Wanda commercial property listing. But Guangzhou cannot but come. In Wanda's Plate, Guangzhou  
Non-stop.

from the 100th Wanda Square to the 8th Wanda City, from Kunming to Guangzhou, Wanda Group chairman Wang's footsteps in the business real estate listing silent period also did not slow down.

But Guangzhou cannot but come. In Wanda's Plate, Guangzhou Wanda City is the only one in the first-line city of cultural tourism projects, the total investment is expected to exceed 50 billion yuan.

Wang Introduction, at present in Guangzhou, Wanda has landed 5个万 Plaza, and Guangzhou Wanda City This project, investment is about 50 billion. He disclosed that now and Guangzhou's other two districts have reached the intention, next year will also increase in Guangzhou hooke′s Plaza, "The total investment of these 8 projects has exceeded 100 billion, these investments in the next 3-4 years will be gradually in place." "

Wanda City, Guangzhou, is also the 8th tourism project of Wanda Investment. The great Expectations of the Wanda City model, in fact, represents Wanda from the real estate development and operation to the literary travel consumption transformation and upgrading direction. Wang said, Wanda to the High-tech, Consumer enterprise transformation, this is Wanda's future.

"We have a calculation, in 2013, Disney travel around the world about 130 million, by 2020, Disney's annual travel can reach 160 million, and the Wandaven Brigade plans to open in 2020, 15 around the Wanda City, the annual travel 200 million, will be more than Disney." Wang said that the cultural tourism industry will become a new growth point for Wanda in the future. The

Wang shares his latest blueprint for the 2020 years of the Wanda Group. By then, Wanda sales will reach 600 billion-700 billion, of which the literature travel industry revenue accounted for more than 50%, real estate sales will fall below 50%, Wanda will no longer be a real estate company but a multinational consumer enterprise, from overseas business income will also exceed 20%.

In terms of specific business, Wanda Plaza is now in its 100th place, and Wanda City has moved to the 8th project. Over the next five or six years, Wanda Plaza will be more than 200, and the city of cultural tourism may expand to 10-15 in China, which may also expand abroad.

Such ambitious goals require plenty of financial support. At the end of June 2014, Wanda's bank and other borrowings increased by $51.8 billion to $218.7 billion, according to the Wanda commercial property prospectus. According to public information, as of now the Wandaven travel industry plan investment has exceeded 300 billion, where will these funds come from? Wanda also how to ensure that the capital chain isRegular operation?

Wang explained that in Guangzhou Wanda City for example, 50 billion of the investment is not an overnight, but divided into 5 years. "Buy land about 8 billion-10 billion, then there will be a part of the bank financing, and the end of this year to the beginning of next year, will start a part of residential, commercial, office sales, return funds to continue to invest." "

Wang accidentally revealed the secret of Wanda's play: It is still the property sales support business, the Literature Brigade project investment, through the incubation period. The

IPO financing in Hong Kong is also significant for Wanda. According to Hong Kong investment bankers Estimate, Wanda IPO financing up to 6 billion U.S. dollars, listed after the market value of about 300 billion yuan. Listing will help Wanda improve its financial position and reduce its financial costs.

Wang said that all business in Wanda, in addition to the electricity business, other businesses are launched can make money. Wanda Commercial Real estate prospectus shows that in 2013, the net profit after the tax was 24.8 billion yuan (the fair value of investment property increased to 15.4 billion yuan), more than China and Vanke.