{"id":103300,"date":"2019-01-25T06:30:29","date_gmt":"2019-01-24T23:30:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-consortium-sees-off-hong-kong-rivals-in-ferocious-bidding-war-for-prime-shanghai-commercial-land-ending-their-stranglehold\/"},"modified":"2019-01-25T07:04:10","modified_gmt":"2019-01-25T00:04:10","slug":"chinese-consortium-sees-off-hong-kong-rivals-in-ferocious-bidding-war-for-prime-shanghai-commercial-land-ending-their-stranglehold","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-consortium-sees-off-hong-kong-rivals-in-ferocious-bidding-war-for-prime-shanghai-commercial-land-ending-their-stranglehold\/","title":{"rendered":"Chinese consortium sees off Hong Kong rivals in ferocious bidding war for prime Shanghai commercial land, ending their stranglehold"},"content":{"rendered":"<p>&#013;<br \/>\nA Chinese consortium has outbid Hong Kong developers in a ferocious bidding war for a much coveted plot of commercial land in the heart of Shanghai.<br \/>\nThe group led by China Resources Land paid a record-breaking price for the plot after winning a bitterly contested auction that lasted for more than 500 rounds, according to the Shanghai Bureau of Planning and Natural Resources and local media.<br \/>\nThe victory marks a high-profile end to a winning streak for offshore investors, who have repeatedly&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2183547\/chinese-consortium-sees-hong-kong-rivals-ferocious-bidding\" target=\"_blank\">Chinese consortium sees off Hong Kong rivals in ferocious bidding war for prime Shanghai commercial land, ending their stranglehold<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A Chinese consortium has outbid Hong Kong developers in a ferocious bidding war for a&#46;&#46;&#46;<\/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-103300","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-qS8","jetpack-related-posts":[{"id":93467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-consortium-wins-prime-shanghai-site-for-us2-billion-in-government-tender\/","url_meta":{"origin":103300,"position":0},"title":"Shui On consortium wins prime Shanghai site for US$2 billion in government tender","date":"July 5, 2018","format":false,"excerpt":"\r A consortium led by Shui On Land has won a prime commercial plot in Shanghai in a government tender for 13.6 billion yuan (US$2.08 billion), a mere 0.1 per cent higher than the starting price. The tender only drew two bidders at the final stage of the bidding because\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123557,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-depressed-land-market-offers-buying-opportunity-for-hong-kong-developer-hkr-international\/","url_meta":{"origin":103300,"position":1},"title":"China\u2019s depressed land market offers buying opportunity for Hong Kong developer HKR International","date":"December 1, 2021","format":false,"excerpt":"\r The debt crisis affecting Chinese developers, which has reduced the bidding frenzy at land auctions in the mainland, has given a Hong Kong property firm an opportunity to acquire a prime parcel.On Tuesday, Hong Kong conglomerate HKR International won a prime residential site in Shanghai with a bid of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-finalists-in-battle-for-us2-1-billion-site-in-shanghai-shopping-heartland\/","url_meta":{"origin":103300,"position":2},"title":"Hong Kong developers finalists in battle for US$2.1 billion site in Shanghai shopping heartland","date":"May 31, 2018","format":false,"excerpt":"\r Hong Kong developers Shui On Land and Hongkong Land are vying for a prime plot of land in central Shanghai, a move that underscores the rising appeal of China\u2019s top cities among overseas companies. Two companies have entered the final stage of bidding for the land, according to a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-property-developer-future-land-eyes-co-living-opportunities-in-hong-kong\/","url_meta":{"origin":103300,"position":3},"title":"Shanghai property developer Future Land eyes co-living opportunities in Hong Kong","date":"November 2, 2017","format":false,"excerpt":"\r Shanghai-based Future Land Development has set its sights on Hong Kong\u2019s co-living spaces. The Chinese developer, which builds homes in 40 cities across the mainland, said on Wednesday it has invested around HK$500-HK$600 million this year in two residential and commercial projects each. The residential projects will be turned\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-future-land-looks-set-for-privatisation\/","url_meta":{"origin":103300,"position":4},"title":"Chinese developer Future Land looks set for privatisation","date":"July 10, 2017","format":false,"excerpt":"\r Future Land Development, a Chinese property developer listed in Hong Kong, requested a trading halt on Monday pending an announcement related to a possible privatisation of the company. Based in Shanghai, the developer went public in Hong Kong in 2012 and also has a listed subsidiary, Future Land Holdings,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/national-security-law-prompts-more-mainland-firms-to-bid-for-hong-kong-land-as-china-vanke-unit-wins-residential-plot-in-tai-po\/","url_meta":{"origin":103300,"position":5},"title":"National security law prompts more mainland firms to bid for Hong Kong land as China Vanke unit wins residential plot in Tai Po","date":"July 30, 2020","format":false,"excerpt":"\r Mainland Chinese developers, emboldened by the new security law, will become more active buyers of Hong Kong land as local firms back off amid political turmoil and recession, surveyors predict.The forecast came as a mainland-based consortium won a parcel of land in Tai Po earmarked for over 1,000 \u201cmid-to-low\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103300"}],"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=103300"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103300\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}