{"id":114399,"date":"2020-02-20T16:55:47","date_gmt":"2020-02-20T09:55:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkong-land-pays-a-record-31-billion-yuan-for-shanghai-land-plot-as-it-continues-its-search-for-growth-in-mainland-china\/"},"modified":"2020-02-20T17:48:12","modified_gmt":"2020-02-20T10:48:12","slug":"hongkong-land-pays-a-record-31-billion-yuan-for-shanghai-land-plot-as-it-continues-its-search-for-growth-in-mainland-china","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkong-land-pays-a-record-31-billion-yuan-for-shanghai-land-plot-as-it-continues-its-search-for-growth-in-mainland-china\/","title":{"rendered":"Hongkong Land pays a record 31 billion yuan for Shanghai land plot as it continues its search for growth in mainland China"},"content":{"rendered":"<p>&#013;<br \/>\nHongkong Land Holdings Limited, a unit of one of the biggest British conglomerates of the colonial era, has paid a record price for a piece of mixed-use land in Shanghai, as the real estate developer continues its search for growth in mainland China.The 50-per cent owned unit of Jardine Matheson Holdings paid a record 31 billion yuan (US$4.43 billion) for a parcel at the West Bund area in Shanghai, according to a statement. The company plans to erect office buildings, shopping centres and high\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3051615\/hongkong-land-pays-record-31-billion-yuan-shanghai-land-plot-it\" target=\"_blank\">Hongkong Land pays a record 31 billion yuan for Shanghai land plot as it continues its search for growth in mainland China<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hongkong Land Holdings Limited, a unit of one of the biggest British conglomerates of the&#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-114399","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-tL9","jetpack-related-posts":[{"id":766,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-china-developer-future-land-obtains-15-billion-yuan-in-bank-credit-lines\/","url_meta":{"origin":114399,"position":0},"title":"Mainland China developer Future Land obtains 15 billion yuan in bank credit lines","date":"January 5, 2016","format":false,"excerpt":"\r Shanghai-based Future Land Development says it has recently obtained a total of 15 billion yuan in new bank credit lines from two mainland banks. Together with existing credit lines, the company said it now had bank credit lines totalling 38.8 billion yuan.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gemdale-is-new-land-king-with-8-8-billion-yuan-purchase-of-shanghai-plot\/","url_meta":{"origin":114399,"position":1},"title":"Gemdale is new \u2018land king\u2019 with 8.8 billion yuan purchase of Shanghai plot","date":"July 27, 2016","format":false,"excerpt":"\r Gemdale Group on Wednesday morning beat out more than 20 bidders to snap up a plot of land near Shanghai\u2019s Pudong International airport for 8.8 billion yuan (HKD$ 10.2 billion), the most expensive site sold in Shanghai this year.\r \r Source : South China Morning Post\r Read more...Gemdale is\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103986,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-credit-crunch-pressures-cimg-into-discounted-sale-of-key-land-plot-in-shanghai\/","url_meta":{"origin":114399,"position":2},"title":"China\u2019s credit crunch pressures CIMG into discounted sale of key land plot in Shanghai","date":"February 14, 2019","format":false,"excerpt":"\r Troubled investment conglomerate China Minsheng Investment Group (CIMG) sold its remaining stake in a prime plot of land in Shanghai at a discount on Wednesday, after a bond default drew attention to the company\u2019s liquidity shortfall. The firm made full payment to its creditors after the deal, sources said.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-shanghai-complex-for-us2-95-billion-while-yuan-takes-a-tumble\/","url_meta":{"origin":114399,"position":3},"title":"Li Ka-shing sells Shanghai complex for US$2.95 billion while yuan takes a tumble","date":"October 26, 2016","format":false,"excerpt":"\r Tycoon Li Ka-shing has sold a Shanghai office and retail complex to a company majority owned by China Life Insurance Co. for 20 billion yuan ($2.95 billion), paring his investment on the mainland while the yuan has taken a tumble. Li\u2019s Cheung Kong Property Holdings Ltd. and the Li\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-else-does-superman-li-own-in-china-after-his-20-billion-yuan-shanghai-sale\/","url_meta":{"origin":114399,"position":4},"title":"What else does Superman Li own in China after his 20 billion yuan Shanghai sale?","date":"October 27, 2016","format":false,"excerpt":"\r Tycoon Li Ka-shing\u2019s sale of a Shanghai property complex this week is the latest move in almost three years of assets disposal, as he charts his exit from mainland China\u2019s surging real estate market in search of steady cash flow. Including this week\u2019s sale of the Century Link complex\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23145,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-land-sells-for-100000-yuan-per-sq-m-highest-price-ever\/","url_meta":{"origin":114399,"position":5},"title":"Shanghai land sells for 100,000 yuan per sq m \u2014 highest price ever","date":"August 17, 2016","format":false,"excerpt":"\r Fujian-based developer Ronshine China Wednesday morning beat out 17 bidders to win a plot of land in central Shanghai\u2019s Jingan district for 1.1 billion yuan (HK$1.17 billion), with the average cost hitting 100,000 yuan per square metre \u2013 the most expensive land ever in Ch\r \r Source : South\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\/114399"}],"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=114399"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}