{"id":108664,"date":"2019-07-03T05:00:12","date_gmt":"2019-07-02T22:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadian-asset-manager-brookfield-looks-past-short-term-row-as-it-picks-up-us1-5-billion-shanghai-project-chinas-second-largest-commercial-property-deal\/"},"modified":"2019-07-03T05:10:27","modified_gmt":"2019-07-02T22:10:27","slug":"canadian-asset-manager-brookfield-looks-past-short-term-row-as-it-picks-up-us1-5-billion-shanghai-project-chinas-second-largest-commercial-property-deal","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadian-asset-manager-brookfield-looks-past-short-term-row-as-it-picks-up-us1-5-billion-shanghai-project-chinas-second-largest-commercial-property-deal\/","title":{"rendered":"Canadian asset manager Brookfield looks past short-term row as it picks up US$1.5 billion Shanghai project, China\u2019s second largest commercial property deal"},"content":{"rendered":"


\nBrookfield Asset Management, which traces its roots to a tram operator in Brazil at the turn of the 20th century, has its sights on the very long-term, a strategy that helped it seal the second-biggest commercial property acquisition in China by a foreign firm.The Toronto-based asset manager agreed in April to pay 10.57 billion yuan US$1.54 billion for the Huangpu Centre on the South Bund of Shanghai, with the plan to rename it One East when constructions are completed this year.\u201cWe are\u2026
\n
\nSource : South China Morning Post
\nRead more…Canadian asset manager Brookfield looks past short-term row as it picks up US.5 billion Shanghai project, China\u2019s second largest commercial property deal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Brookfield Asset Management, which traces its roots to a tram operator in Brazil at the...<\/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-108664","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-sgE","jetpack-related-posts":[{"id":105739,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadian-asset-manager-brookfield-in-talks-to-buy-shanghai-property-from-hong-kong-listed-greenland\/","url_meta":{"origin":108664,"position":0},"title":"Canadian asset manager Brookfield in talks to buy Shanghai property from Hong Kong-listed Greenland","date":"April 3, 2019","format":false,"excerpt":"\r Canadian companies continue to pursue deals in China notwithstanding the diplomatic spat between the two countries that has seen tit-for-tat arrests of each other\u2019s citizens.Two Canadians have been imprisoned in China after Huawei\u2019s chief financial officer Sabrina Meng was arrested by Canada on December 1 following an extradition request\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brookfield-gets-ready-for-shanghai-rental-project-as-chinas-property-distress-creates-opportunities-to-pick-up-discounted-assets\/","url_meta":{"origin":108664,"position":1},"title":"Brookfield gets ready for Shanghai rental project as China\u2019s property distress creates opportunities to pick up discounted assets","date":"November 7, 2022","format":false,"excerpt":"\r Brookfield, a Canadian firm with US$750 billion of assets, is launching its first rental project amid signs of recovery and policy support. Distressed prices have allowed the firm to establish a beachhead in China.\r \r Source : South China Morning Post\r Read more...Brookfield gets ready for Shanghai rental project\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132222,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brookfield-sees-opportunities-in-chinas-real-estate-market-to-snap-up-bargains-from-distressed-developers\/","url_meta":{"origin":108664,"position":2},"title":"Brookfield sees opportunities in China\u2019s real estate market to snap up bargains from distressed developers","date":"December 5, 2022","format":false,"excerpt":"\r Brookfield Asset Management is on prowl to acquire premium commercial property from distressed Chinese developers with the aim of increasing its footprint in the world\u2019s second-largest economy.\r \r Source : South China Morning Post\r Read more...Brookfield sees opportunities in China\u2019s real estate market to snap up bargains from distressed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sale-of-shanghais-soho-century-plaza-underlines-ongoing-move-towards-asset-light-model\/","url_meta":{"origin":108664,"position":3},"title":"Sale of Shanghai\u2019s Soho Century Plaza underlines ongoing move towards \u2018asset-light\u2019 model","date":"August 2, 2016","format":false,"excerpt":"\r Soho China\u2019s recent 3.2 billion yuan sale of a prime office building in Shanghai delivered strong yield, and underlined why investors remain bullish on the city\u2019s commercial property market.\r \r Source : South China Morning Post\r Read more...Sale of Shanghai\u2019s Soho Century Plaza underlines ongoing move towards \u2018asset-light\u2019 model","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30449,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/c-suite-qampa-asset-manager-eba-identifies-opportunities-in-a-traditionally-low-yielding-sector-in-china\/","url_meta":{"origin":108664,"position":4},"title":"C-Suite Q&amp;A: Asset manager EBA identifies opportunities in a traditionally low-yielding sector in China","date":"October 18, 2016","format":false,"excerpt":"\r Zhou Songming, the vice-president of EBA Asset Management and general-manager of the IMIX brand, is a 15-year veteran of China\u2019s commercial real estate industry. Before this, he was general-manager at FPD Raycom, a joint venture property management consultancy between Raycom Real Estate and Savills. Zhou also served as managing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122060,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-snaps-up-shanghai-building-for-3-5-billion-yuan-and-says-it-aims-to-create-another-lee-gardens-in-city\/","url_meta":{"origin":108664,"position":5},"title":"Hysan snaps up Shanghai building for 3.5 billion yuan and says it aims to create another Lee Gardens in city","date":"September 18, 2021","format":false,"excerpt":"\r Hysan Development is expanding into Shanghai\u2019s commercial market with the 3.5 billion yuan (US$542 million) acquisition of a 24-storey building in which CK Asset Holdings has a controlling stake, with the aim of recreating another Lee Gardens in the mainland city, according to a company announcement late Friday.\u201cThis acquisition\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\/108664"}],"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=108664"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108664\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}