Wanda Hotel Development Completes Chicago Real Estate Deal

Reuters12-11

Wanda Hotel Development Completes Chicago Real Estate Deal

Wanda Chicago has completed the disposal of its Condo Units to CPE and the acquisition of Sale Shares in a Target Company from CPE, following the fulfillment of all conditions precedent under the Securities and Real Estate Transfer Agreement. As a result, Wanda Chicago now holds 49% of the equity interests in the Target Company. The Target Company will not become a subsidiary of Wanda Hotel Development Company Limited, and its financial results will not be consolidated into the group's financial statements. This update was disclosed by Wanda Hotel Development Company Limited.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wanda Hotel Development Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251211-11952990), on December 11, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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