{"id":119902,"date":"2021-01-30T19:19:41","date_gmt":"2021-01-30T12:19:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-property-service-unit-pays-us233-million-to-buy-a-rival-to-meet-target-of-increasing-2020-profit-by-50-per-cent\/"},"modified":"2021-01-30T20:24:31","modified_gmt":"2021-01-30T13:24:31","slug":"evergrandes-property-service-unit-pays-us233-million-to-buy-a-rival-to-meet-target-of-increasing-2020-profit-by-50-per-cent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-property-service-unit-pays-us233-million-to-buy-a-rival-to-meet-target-of-increasing-2020-profit-by-50-per-cent\/","title":{"rendered":"Evergrande\u2019s property service unit pays US$233 million to buy a rival to meet target of increasing 2020 profit by 50 per cent"},"content":{"rendered":"


\nChina Evergrande Group\u2019s property services unit bought a rival firm for 1.5 billion yuan (US$233 million) to help meet its ambitions of increasing profit by 50 per cent this year and becoming the country\u2019s largest property manager.Evergrande Property Services Group agreed to buy Ningbo Yatai Hotel Property Services, adding 940 projects serving two million homeowners to its portfolio, the company said in a statement Friday. Ningbo Yatai also manages office buildings and industrial parks.The deal\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande\u2019s property service unit pays US3 million to buy a rival to meet target of increasing 2020 profit by 50 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group\u2019s property services unit bought a rival firm for 1.5 billion yuan (US$233...<\/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-119902","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-vbU","jetpack-related-posts":[{"id":61872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-shares-soar-on-forecast-its-profit-would-triple\/","url_meta":{"origin":119902,"position":0},"title":"Evergrande shares soar on forecast its profit would triple","date":"July 26, 2017","format":false,"excerpt":"\r Shares of China Evergrande Group jumped by the most in almost two months on the Hong Kong stock exchange, after the developer said its first-half profit would triple, driven by China\u2019s soaring property prices and increasing sales. Evergrande shares jumped as much as 15.2 per cent to an intraday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141777,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-evergrandes-hengda-unit-to-sell-stake-in-shantou-project-for-us19-4-million-as-hong-kong-court-hearing-nears\/","url_meta":{"origin":119902,"position":1},"title":"China property: Evergrande\u2019s Hengda unit to sell stake in Shantou project for US$19.4 million as Hong Kong court hearing nears","date":"January 26, 2024","format":false,"excerpt":"\r Hengda Real Estate Group Yuedong is selling its entire 65 per cent stake in Shantou Hengmeng Property Development for US$19.4 million, according to a filing to the Hong Kong stock exchange late on Thursday.\r \r Source : South China Morning Post\r Read more...China property: Evergrande\u2019s Hengda unit to sell\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-first-half-sales-jump-72-per-cent\/","url_meta":{"origin":119902,"position":2},"title":"China Evergrande\u2019s first-half sales jump 72 per cent","date":"July 4, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest homebuilder, said its first-half contracted sales rose 72 per cent from a year earlier to 244 billion yuan. That\u2019s 54 per cent of the company\u2019s sales target of 450 billion yuan for the year. Evergrande achieved sales of 61.1 billion yuan in June,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128660,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-audit-watchdog-expands-probe-into-embattled-china-evergrandes-property-services-unit\/","url_meta":{"origin":119902,"position":3},"title":"Hong Kong\u2019s audit watchdog expands probe into embattled China Evergrande\u2019s property services unit","date":"August 15, 2022","format":false,"excerpt":"\r Hong Kong\u2019s audit watchdog extends probe into China Evergrande\u2019s property services unit as questions loom over its 13.4 billion yuan deposit guarantee, first disclosed in July.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s audit watchdog expands probe into embattled China Evergrande\u2019s property services unit","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118875,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-30-per-cent-discounts-get-worlds-most-indebted-developer-within-sight-of-sales-goal-allay-cash-crunch-fears\/","url_meta":{"origin":119902,"position":4},"title":"China Evergrande\u2019s 30-per cent discounts get world\u2019s most indebted developer within sight of sales goal, allay cash crunch fears","date":"October 9, 2020","format":false,"excerpt":"\r China Evergrande Group said a nationwide marketing campaign comprising 30-per cent discounts has brought it closer to hitting its ambitious full-year sales goal, as the world\u2019s most indebted property developer pulls out all stops to generate cash to repay debt.The Guangzhou-based developer sold 141.63 billion yuan (US$21.1 billion) of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dongguans-sizzling-property-price-momentum-set-to-continue-as-influx-of-hi-tech-firms-fuels-demand-for-housing\/","url_meta":{"origin":119902,"position":5},"title":"Dongguan\u2019s sizzling property price momentum set to continue as influx of hi-tech firms fuels demand for housing","date":"February 11, 2021","format":false,"excerpt":"\r Dongguan, the city with the highest home price gains in China last year, is likely see prices increase further this year amid an influx of talent as more hi-tech firms set up operations in the Greater Bay Area city.Property prices in the city of 8.5 million rose 29 per\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\/119902"}],"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=119902"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119902\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}