China’s Dalian Wanda has withdrawn its interest in purchasing London’s Nine Elms Square.
The company had exchanged contracts on the site in June, agreeing a price of £470m.
China announced a tightening of restrictions on overseas investment, including in the real estate sector, at the end of last week. Dalian Wanda is one of the companies that has come under increasing scrutiny.
Click here for the full Bloomberg article
Click here for the full FT article (£)
