{"id":102399,"date":"2018-12-19T15:26:50","date_gmt":"2018-12-19T08:26:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-property-renewal-is-such-a-profitable-business-in-chinas-big-cities\/"},"modified":"2018-12-19T16:09:52","modified_gmt":"2018-12-19T09:09:52","slug":"why-property-renewal-is-such-a-profitable-business-in-chinas-big-cities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-property-renewal-is-such-a-profitable-business-in-chinas-big-cities\/","title":{"rendered":"Why property renewal is such a profitable business in China\u2019s big cities"},"content":{"rendered":"


\nThe sale of Pacific Century Place, the biggest commercial property deal in Beijing this year, showed just how profitable the business of retrofitting old buildings in China\u2019s major cities can be.
\nJust over four years after acquiring the 170,000-square metre office-retail-apartment complex from Hong Kong tycoon Richard Li for 5.8 billion yuan (US$939 million), Gaw Capital Partners recently sold it to a Chinese company for 10.5 billion yuan \u2013 a rise of 81 per cent.
\nInstead of adopting…
\n
\nSource : South China Morning Post
\nRead more…Why property renewal is such a profitable business in China\u2019s big cities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The sale of Pacific Century Place, the biggest commercial property deal in Beijing this year,...<\/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-102399","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-qDB","jetpack-related-posts":[{"id":171874,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-us2-2-trillion-urban-renewal-plan-to-boost-construction-property-sectors\/","url_meta":{"origin":102399,"position":0},"title":"China\u2019s US$2.2 trillion urban renewal plan to boost construction, property sectors","date":"May 29, 2026","format":false,"excerpt":"\r China\u2019s ambitious urban renewal projects, from upgrading dilapidated homes to rebuilding gas pipelines, are expected to require investment of at least 15 trillion yuan (US$2.2 trillion) in the five years from 2026, offering fresh growth opportunities for construction firms. Property developers also received a shot in the arm on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-city-land-sales-surge-73-per-cent-despite-cooling-measures\/","url_meta":{"origin":102399,"position":1},"title":"China\u2019s city land sales surge 73 per cent despite cooling measures","date":"March 7, 2017","format":false,"excerpt":"\r China\u2019s land sales in 50 major cities surged 73 per cent in the first two months of 2017 despite a raft of measures rolled out in a bid to cool the red-hot property market. Fifty city governments received a total of 452.8 billion yuan (US$65.6 billion) from land auctions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/international-investors-extend-their-inroads-into-chinas-commercial-real-estate-sector\/","url_meta":{"origin":102399,"position":2},"title":"International investors extend their inroads into China\u2019s commercial real estate sector","date":"April 21, 2019","format":false,"excerpt":"\r International investors have extended their inroads into China\u2019s commercial property sector this year, as the largest cities become hunting grounds for office towers, shopping malls and mixed-use projects.Global investors have splashed out 29.2 billion yuan (US$4.35 billion) in the first three months on properties in Shanghai, a huge jump\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-largest-rental-property-securitisation-valued-at-20-billion-yuan-gets-the-go-ahead\/","url_meta":{"origin":102399,"position":3},"title":"China\u2019s largest rental property securitisation valued at 20 billion yuan gets the go-ahead","date":"December 13, 2017","format":false,"excerpt":"\r China will issue its largest bonds backed by rental housing projects, reflecting a pickup in momentum of rented property securitisation as a new funding channel for developers to tap. China Merchants Group, a state-owned conglomerate, said this week it had teamed up with the Beijing-based China Construction Bank to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aoyuan-homes-in-on-southern-chinas-big-bay-area\/","url_meta":{"origin":102399,"position":4},"title":"Aoyuan homes in on southern China\u2019s \u2018big bay area\u2019","date":"March 22, 2017","format":false,"excerpt":"\r Developer China Aoyuan Property is looking to expand into more cities in China\u2019s booming Greater Pearl River Delta (PRD), a region covering cities including Shenzhen, Guangzhou and Hong Kong , as it targets an ambitious goal of reaching 50 billion yuan (US$7.2 billion) in annual sales by 2019. \u201cThe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118078,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-investors-turn-cautious-on-chinas-property-market-as-slowdown-political-risks-cloud-outlook\/","url_meta":{"origin":102399,"position":5},"title":"Foreign investors turn cautious on China\u2019s property market as slowdown, political risks cloud outlook","date":"August 4, 2020","format":false,"excerpt":"\r China\u2019s economic slowdown and fraying ties with the US and other western governments have prompted foreign investors to temper their investment in local properties, according to Cushman & Wakefield.They spent about 27.1 billion yuan (US$3.88 billion) on such assets this year as of June 30, the property consultancy said\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\/102399"}],"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=102399"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}