According to news sources, Spain Baraka enterprises holding company has reached an agreement with China’s Wanda group, will be based on the price of 265 million euros to take over landmark Madrid Spain building, this price with 2014 Wanda group from Spain international banks to buy the same. According to Spain 1xbet website reported, in Madrid History Culture Heritage Committee of support Xia, Madrid Government refused to million up Group on Spain building main outside State surface for demolition reconstruction of transformation plans, million up of original is will Spain building alterations for a seat distribution has Office District and downtown of luxury hotel, Madrid government this a attitude makes million up group in half Qian discourage has continues to alterations this seat Madrid landmarks sex building of idea. In January this year, Wanda group bidding to sell 117 meters high of Spain building, 4 companies in the industry to bid and eventually United States Jones Lang LaSalle WINS.
In the meantime, more than Spain domestic and international investment funds interested in buying Spain building, but eventually headquartered in Spain Murcia, Baraka holding company, in a very competitive bid to win bids. Reportedly, this is not the Eastern Mediterranean coast, an influential company so important capital transactions carried out for the first time. The company’s business to get involved in a wide range, from residential development projects, concert promotion and the farm to the supermarket. In addition, the company also has a strong financial team, had had many investments in genetics and biotechnology. Reported as Wanda group to sign a confidentiality agreement, so Baraka company and United States Jones Lang LaSalle 19th were reluctant to come forward to confirm the deal. Buy Spain building becomes Madrid’s largest real estate transaction of the year project, Spain the building’s new owner plans to use it to do what is not yet known.
Although the Madrid Government rejected the scheme, but Wanda remained in Spain to establish an Office responsible for the commercialization of the project. 1xbet reported last October, the historical and cultural heritage of the Committee once again expressed their opposition in Madrid after the reconstruction plan, Wanda made the official announcement that it would accommodate the views of the Committee. Madrid Mayor mannuaila?kameina has repeatedly announced that the project will “soon” begin, but negotiations on the main façade renovation will extend for a period of time.
In January, Wanda announced Spain building renovation has made that impossible, but will continue to work with on the sale Spain government negotiations. A month later, Wanda said it would “return” Spain building projects. 1 months ago, Wanda and Spain historical and cultural heritage held its final meeting of the Committee. Sources from the central Madrid government, both sides agree to proceed with the project. Until the 19th, a spokesman for the Group denied completed Spain sold the building.