Introduction Recently, two bigwigs in China's real estate industry, Wang Jianlin and Xu Jiayin, have been in trouble. Wang Jianlin had to sell a controlling stake in the Wanda Group, which he founded, to Shanghai Ruyi, while Xu Jiayin was subjected to criminal coercive measures. However, unlike them, Pan Shiyi, another real estate developer, was able to escape the predicament and became an angel investor abroad. This article will ** the different fates of these three real estate tycoons on the road to transformation and survival.
The fate of Wanda Wang Jianlin Wang Jianlin was once the richest man in China, and Wanda Group is also a giant in China's real estate industry. However, since 2017, Wang Jianlin has begun to cut the meat of Wanda Group, sold many cultural tourism real estate projects and hotels, and turned to an asset-light operation model. However, in this round of property market adjustment, Wanda is not immune. According to the latest news, Wang Jianlin plans to sell 51% of Wanda Investment's shares to Shanghai Ruyi, making it a wholly-owned subsidiary of Shanghai Ruyi, and losing actual control of Wanda Films. At the same time, Wanda also has plans to ** part of the location.
Wanda Plaza in first- and second-tier cities to raise funds to alleviate liquidity pressure. However, Wanda is facing huge debt and buyback** pressure, and cash flow is urgent, forcing Wang Jianlin to ** core assets to maintain the company's liquidity.
Xu Jiayin's dilemmaXu Jiayin, as the founder of Evergrande Group, was once one of the giants in the real estate industry. However, the recent criminal coercive measures against him illustrate the pressure and predicament he faces. Evergrande itself is also facing a serious liquidity crisis and huge debt pressure. Recently, Evergrande Group urgently ** some non-core assets to raise funds in an attempt to alleviate liquidity pressure. However, Evergrande's problems have not been effectively resolved, and the news of Xu's arrest has further deepened the market's worries about Evergrande's future.
Unlike Wang Jianlin and Xu Jiayin, Pan Shiyi, the founder of SOHO China, was able to escape the difficulties of the real estate industry and become a foreign angel investor. Pan Shiyi began to sell domestic real estate projects as early as 9 years ago and cashed out 285900 million yuan, and gradually inject funds into overseas markets. He invested in U.S. real estate and accelerated the deployment of overseas assets. In addition, Pan Shiyi has also integrated into American high society by donating to higher education and becoming a donor of Harvard University. Pan Shiyi's cash-out and overseas presence have enabled him to enjoy a prosperous life and become an angel investor abroad while facing great pressure in China's real estate industry.
ConclusionWang Jianlin and Xu Jiayin, as the top bosses in China's real estate industry, have fallen into difficulties in the current property market adjustment and are facing huge pressure and challenges. However, Pan Shiyi was able to escape the predicament and became an angel investor abroad. Through asset cashing and overseas layout, he has maintained a high degree of flexibility and flexibility in the adjustment of China's real estate industry. This also shows from the side that in the real estate industry, in addition to the timing of entry, the timing of exit is equally important. For real estate tycoons, grasping this opportunity may be able to turn around their predicament.