China's richest man Wang Jianlin close to buying into Surfers Paradise development site

China's richest man Wang Jianlin close to buying into Surfers Paradise development site
China's richest man Wang Jianlin close to buying into Surfers Paradise development site

The richest man in China, Wang Jianlin is reportedly close to buying into a Surfers Paradise hotel development site.

The 1.13 hectare three-tower Jewel development opportunity comes with 110 metres beachfront.

It has been listed by another Chinese outfit, the Ridong Group, who are reportedly seeking equity partners.

The Australian reported Mr Wang, the Dalian Wanda Group chairman, was on the Gold Coast last month with company officials returning to continue negotiations.

Their Australian advisor, Roland Evans of Canford Property group, indicated Dalian Wanda was not limiting itself to just one opportunity.

Dalian Wanda is a $66 billion company with interests in commercial property, hotels, tourism and shopping centres, according to its website.

Sydney has also been on their acquisition radar.

The Jewel site is at Broadbeach.

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New Developments Gold Coast

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