BRIEF-Wanda Hotel Development updates on disposal of Madrid property project

April 3 (Reuters) - Wanda Hotel Development Co Ltd


* Disposal of madrid property project

* Wanda europe and purchaser agreed in writing on 31 march

2017 to extend date of completion to 1 June 2017

* Updates on sale of all issued shares in Wanda Madrid

Development, S.L.U. by group to Baraka Global Invest, S.L.U.

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