DALIAN, China -- Unable to win the hearts of locals, Dalian Wanda Group said it is selling an iconic building in Madrid it acquired in 2014. The sale price is 272 million euros ($306 million), it said.
Wanda Hotel Development, a hotel subsidiary of the Chinese real estate giant, said the group has agreed to sell Edificio Espana, a historic high-rise in the Spanish capital, to a local investment company, without explaining the reason.
