Chinese property and entertainment conglomerate Dalian Wanda Group has appointed former Qatari Diar development chief Peter Amato to the post of senior director to oversee the group's development activities.
Chinese property and entertainment conglomerate Dalian Wanda Group has appointed former Qatari Diar development chief Peter Amato to the post of senior director to oversee the group's development activities.
Dalian Wanda Group, a conglomerate run by China's richest man, Wang Jianlin, recently announced plans to invest £700 mln in the acquisition and redevelopment of the One Nine Elms mixed-use site in London's South Bank regeneration area.
The scheme will be used by Wanda for a five-star hotel, marking the first move overseas by Wanda’s luxury hotel brand as well as the first luxury hotel to be opened by a Chinese firm outside China.
Amato, who worked at Qatari Diar for five years, will oversee the project which consists of two towers measuring 200 metres and 160 metres, including 439 private residential units, 52 affordable housing units and a 187-room, five-star luxury hotel.
Earlier this week, Wanda also said it has appointed architect KPF to the development, along with project manager Second London Wall. Montagu Evans has been picked to provide planning advice and AKT II and Grontmij have been appointed as structural and services engineers respectively.
