SHANGHAI--()--The International Council of Shopping Centers (ICSC) today announced that Wang Jianlin, chairman of the board and president of the Wanda Group, will deliver a presentation on the state of the global market at the ICSC Retail Real Estate Summit in Shanghai, taking place September 11-14, 2012.
Dalian Wanda Group was founded in 1988 and operates in five major industries including Commercial Properties, Luxury Hotels, Tourism Investment, Cultural Industry, and Department Store Chain. The company has assets of $31 billion d and an annual income of $17 billion. The company has already opened 49 Wanda Plazas, 28 five-star hotels, 726 cinema screens, 40 department stores and 45 all inclusive karaoke centers throughout the country.
Upon completion of its recent acquisition of US cinema chain AMC, which will be finalized in August 2012, the Wanda Group will be the world’s largest cinema operator.
“We are honored to have Mr. Wang Jianlin’s participation in the World Summit,” said Michael P. Kercheval, president and CEO of the ICSC. “As chairman of the Wanda Group of Beijing, one of China's - and the world's - largest real estate developers and retailers, he is one of a rare few individuals who can speak with authority on the future of the world’s economy. Mr. Wang Jianlin’s track record of success is unmatched, and his commitment to join us in Shanghai speaks volumes as to the importance of the World Summit – on a multinational scale.”
The World Summit agenda is designed to educate attendees on strategies and proven tactics to realize growth in an uncertain economy. While development in mature markets may have plateaued, emerging markets will present growth opportunities for the immediate future. A booming middle class in emerging markets has created myriad new retail opportunities.
Attendees will hear firsthand from retailers who are leading the globalization of retail by crossing borders and successfully broadening their brands.
To confirm your attendance or for more information on the ICSC Retail Real Estate World Summit, please visit www.ICSC.org/2012RWS.
ABOUT ICSC
Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 55,000 members in over 90 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world. For more information, visit www.icsc.org.