RPT-UPDATE 1-China's Dalian Wanda to invest $1 bln in Sydney property development
January 26, 2015 at 16:08 PM EST
HONG KONG, Jan 26 (Reuters) - Dalian Wanda Group, China's biggest commercial real estate conglomerate, said on Monday it is investing $1 billion in a prime property development close to Sydney Harbour, its second large investment in Australia.