First, Wanda emptied overseas real estate Many years ago, Wanda announced that it would attack overseas real estate. At that time, he was ambitious to expand globally and build an empire. However, I didn't expect that because of this move, Wanda's debt ratio remained high, and then Wanda also had an internal crisis, and there was a big problem in the capital chain, and Wanda had to sell assets. Nowadays, due to the overseas epidemic, real estate industries such as tourism have been hit hard. Wanda sells overseas real estate projects at this time to maintain the capital chain and reduce future debts. For the better financial development of the Group, natural selling is the best choice at present.
Second, in order to alleviate the financial crisis, the current overseas real estate can not play a icing on the cake for Wanda Group, but also drag its feet. The project in Chicago is difficult to sell now, but it is actually timely. Through this move, we will find that Wanda's overseas assets have all been emptied, and Wanda's dream of going to sea has been completely shattered, but it is a good choice for the current international situation. Because it can improve the financial situation, strengthen group management and achieve strategic unity.
Third, businessmen's interests are paramount because the discovery of overseas real estate can't bring people's imagined benefits to the company, but it also bears a lot of debts. For these negative assets, Wanda also chose to empty them and successfully reduced the debt ratio through slimming. But now business is not good, and Wanda's capital chain is also problematic. In order to ease the situation, we can only sell overseas business to realize asset transformation.