{"id":119273,"date":"2020-11-19T03:30:21","date_gmt":"2020-11-18T20:30:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-us58-5-million-sydney-property-deal-halted-by-chilling-effect-on-foreign-investments\/"},"modified":"2020-11-19T04:04:42","modified_gmt":"2020-11-18T21:04:42","slug":"china-australia-relations-us58-5-million-sydney-property-deal-halted-by-chilling-effect-on-foreign-investments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-us58-5-million-sydney-property-deal-halted-by-chilling-effect-on-foreign-investments\/","title":{"rendered":"China-Australia relations: US$58.5 million Sydney property deal halted by \u2018chilling effect\u2019 on foreign investments"},"content":{"rendered":"


\nA group of Chinese investors has withdrawn its bid to purchase a A$80 million (US$58.5 million) office tower in Sydney after the Australian Foreign Investment Review Board (FIRB) delayed approval of the deal for eight months.Analysts conceded that while the large backlog of foreign investment reviews since scrutiny was tightened in March likely played a role, the lack of any response suggested the Chinese curbs on a range of Australian imports also likely played a part.Whatever the motivation,\u2026
\n
\nSource : South China Morning Post
\nRead more…China-Australia relations: US.5 million Sydney property deal halted by \u2018chilling effect\u2019 on foreign investments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A group of Chinese investors has withdrawn its bid to purchase a A$80 million (US$58.5...<\/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-119273","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-v1L","jetpack-related-posts":[{"id":43021,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australia-cracks-down-on-illegal-foreign-home-buyers\/","url_meta":{"origin":119273,"position":0},"title":"Australia cracks down on illegal foreign home buyers","date":"February 6, 2017","format":false,"excerpt":"\r The government is forcing the sale of illegal properties Sydney Harbour. Image: Christopher Mazmanian\/Shutterstock In a bid to appease unhappy Australians over the lack of affordable housing, the Australian government has ramped up the enforcement of its overseas investment rules, by forcing the sale of 15 illegally purchased properties\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119744,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-chinese-firm-pulls-out-of-us230-million-bid-for-australian-builder-probuild\/","url_meta":{"origin":119273,"position":1},"title":"China-Australia relations: Chinese firm pulls out of US$230 million bid for Australian builder Probuild","date":"January 12, 2021","format":false,"excerpt":"\r State-owned China State Construction Engineering Corporation has dropped its bid for the Australian builder of the tallest residential tower in Sydney, Probuild, after indications that Australian Treasurer Josh Frydenberg would block the deal on national security grounds.Probuild\u2019s South African parent company, Wilson Bayly Holmes\u2013Ovcon (WBHO), said in a statement\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-tax-rebates-entreaties-by-australian-states-fall-on-deaf-ears-as-chinese-home-buyers-await-a-thaw-in-ties\/","url_meta":{"origin":119273,"position":2},"title":"China-Australia relations: tax rebates, entreaties by Australian states fall on deaf ears as Chinese home buyers await a thaw in ties","date":"January 9, 2021","format":false,"excerpt":"\r Chinese homebuyers, the fifth-biggest group of foreign investors in Australian property in 2019 before relations went into a deep freeze, are turning their backs on the tax rebates and other entreaties offered to lure them back, as they stay on the sidelines to await for a thaw in bilateral\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17130,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buying-a-house-in-sydney-get-ready-for-expensive-stamp-duty\/","url_meta":{"origin":119273,"position":3},"title":"Buying a house in Sydney? Get ready for expensive stamp duty","date":"June 20, 2016","format":false,"excerpt":"\r Property Council of Australia calls it a blatant \u201ccash grab\u201d New houses in Sydney (Image credit: News.com.au) In efforts to quell a potential property market bubble and plump up government coffers, the Australian state of New South Wales has announced it will be doubling stamp taxes beginning this week.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-tech-firms-snub-australian-office-market-amid-beijings-spat-with-canberra-over-trade-covid-19-handling\/","url_meta":{"origin":119273,"position":4},"title":"China-Australia relations: tech firms snub Australian office market amid Beijing\u2019s spat with Canberra over trade, Covid-19 handling","date":"June 8, 2021","format":false,"excerpt":"\r Australia\u2019s office property market has taken a battering from the Covid-19 pandemic, with vacancy rates in cities like Sydney soaring as companies cut back their overheads and more people work from home.In that respect, it is no different from most developed countries. However, Australia might not be faring so\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-stock-market-stumbles-again-global-property-markets-set-to-gain\/","url_meta":{"origin":119273,"position":5},"title":"China stock market stumbles again: global property markets set to gain?","date":"January 8, 2016","format":false,"excerpt":"\r The last few months haven\u2019t been easy on Chinese stock markets So it happened again yesterday \u2013 China\u2019s stock market called off trading for the second time this week in Beijing, making it the\u00a0shortest trading day in 25 years, and it might have started a chaotic turn of events\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/Stock-market.jpg?fit=878%2C494&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119273"}],"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=119273"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119273\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}