{"id":101742,"date":"2018-11-28T05:31:23","date_gmt":"2018-11-27T22:31:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-buys-majority-stake-in-site-above-metro-station-in-guangzhou-for-us690-million\/"},"modified":"2018-11-28T06:03:09","modified_gmt":"2018-11-27T23:03:09","slug":"new-world-development-buys-majority-stake-in-site-above-metro-station-in-guangzhou-for-us690-million","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-buys-majority-stake-in-site-above-metro-station-in-guangzhou-for-us690-million\/","title":{"rendered":"New World Development buys majority stake in site above metro station in Guangzhou for US$690 million"},"content":{"rendered":"


\nHong Kong property giant New World Development (NWD) has expanded its footprint in China\u2019s Greater Bay Area, by buying a majority stake in a prime land site above a Guangzhou metro station for 4.78 billion yuan (US$690 million).
\nIn a filing to the Hong Kong stock exchange on Tuesday, the company said it has entered an agreement with Guangzhou Metro Corporation to buy a 65 per cent stake in a subsidiary of the rail operator which acquired the land in November last year. They will jointly…
\n
\nSource : South China Morning Post
\nRead more…New World Development buys majority stake in site above metro station in Guangzhou for US0 million<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong property giant New World Development (NWD) has expanded its footprint in China\u2019s Greater...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101742","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qt0","jetpack-related-posts":[{"id":69794,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-china-buys-us310m-mixed-use-land-parcel-in-guangzhou-reinforcing-its-mainland-commitment\/","url_meta":{"origin":101742,"position":0},"title":"New World China buys US$310m mixed-use land parcel in Guangzhou, reinforcing its mainland commitment","date":"October 23, 2017","format":false,"excerpt":"\r Hong Kong property giant New World Development\u2019s China arm has acquired a sizeable commercial and residential land parcel in Guangzhou for 2.09 billion yuan (US$310 million), emphasising its expansion plans in the mainland. New World China Land, which delisted from Hong Kong in 2016, said on Monday it had\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104541,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-speeds-up-greater-bay-area-expansion-buys-site-in-guangzhous-nansha-district-for-us178m\/","url_meta":{"origin":101742,"position":1},"title":"Sun Hung Kai speeds up Greater Bay Area expansion, buys site in Guangzhou\u2019s Nansha district for US$178m","date":"March 1, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s most valuable builder, said that it has bought a commercial plot near the high-speed railway station in Nansha \u2013 the geographic heart of the Greater Bay Area in Guangzhou \u2013 for 1.19 billion yuan (US$178 million).The site, close to Qingsheng station on the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-buys-stake-in-china-sports-to-tap-sports-facility-sector\/","url_meta":{"origin":101742,"position":2},"title":"Chinese developer buys stake in China Sports to tap sports facility sector","date":"July 6, 2017","format":false,"excerpt":"\r China Aoyuan Property said it has offered to pay 3.3 billion yuan (US$485 million) for an estimated 22 per cent stake of China Sports Industry Group , in a bid to tap into the country\u2019s booming sports facility construction business. The Guangzhou-based homebuilder said it has submitted the tender\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-guangzhou-rampf-emerges-as-buyer-of-dalian-wandas-london-hotel-and-residential-project\/","url_meta":{"origin":101742,"position":3},"title":"China\u2019s Guangzhou R&amp;F emerges as buyer of Dalian Wanda\u2019s London hotel and residential project","date":"January 17, 2018","format":false,"excerpt":"\r Chinese developer Guangzhou R&F Properties was the buyer of conglomerate Dalian Wanda Group\u2019s hotel and residential project under construction in London, according to people familiar with the matter. Wanda Hotel Development said in a stock exchange filing in Hong Kong late on Tuesday that it would sell a 60\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-launches-guangzhou-flats-banks-on-high-speed-rail-link-to-attract-hong-kong-homebuyers\/","url_meta":{"origin":101742,"position":4},"title":"Sun Hung Kai launches Guangzhou flats, banks on high-speed rail link to attract Hong Kong homebuyers","date":"June 20, 2023","format":false,"excerpt":"\r The developer is offering Hong Kong buyers 20 units at Forest Park, a 10-minute walk from the Guangzhou South railway station, which can be reached from Hong Kong\u2019s West Kowloon station in 45 minutes via the Guangzhou-Shenzhen-H\u00adong Kong Express Rail Link.\r \r Source : South China Morning Post\r Read\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/link-reit-shares-fall-after-4b-yuan-acquisition-of-guangzhou-shopping-mall\/","url_meta":{"origin":101742,"position":5},"title":"Link Reit shares fall after 4b yuan acquisition of Guangzhou shopping mall","date":"April 10, 2017","format":false,"excerpt":"\r Shares of Link Real Estate Investment Trust (Link Reit), which owns shopping centres, markets and car parks in Hong Kong fell after it announced it had bought a shopping centre in Guangzhou for 4.06 billion yuan (US$590 million). The company announced on Sunday that it has purchased the retail\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101742"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101742"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101742\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}