{"id":120630,"date":"2021-07-07T06:30:22","date_gmt":"2021-07-06T23:30:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/canberra-gives-go-ahead-for-china-investment-corporation-to-buy-bigger-stake-in-sydneys-iconic-grosvenor-place-tower\/"},"modified":"2021-07-18T17:03:39","modified_gmt":"2021-07-18T10:03:39","slug":"canberra-gives-go-ahead-for-china-investment-corporation-to-buy-bigger-stake-in-sydneys-iconic-grosvenor-place-tower","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canberra-gives-go-ahead-for-china-investment-corporation-to-buy-bigger-stake-in-sydneys-iconic-grosvenor-place-tower\/","title":{"rendered":"Canberra gives go-ahead for China Investment Corporation to buy bigger stake in Sydney\u2019s iconic Grosvenor Place tower"},"content":{"rendered":"


\nCanberra has approved the acquisition of an additional stake in Grosvenor Place, an iconic Sydney office building, by China\u2019s sovereign wealth fund.China Investment Corporation (CIC) agreed to buy the stake for A$925 million (US$696 million) in November last year, but had to wait for approval from Australia\u2019s Foreign Investment Review Board (FIRB). The approval means CIC will own 75 per cent of the 44-storey building.The go-ahead, reported by The Australian, comes as a surprise amid heightened\u2026
\n
\nSource : South China Morning Post
\nRead more…Canberra gives go-ahead for China Investment Corporation to buy bigger stake in Sydney\u2019s iconic Grosvenor Place tower<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Canberra has approved the acquisition of an additional stake in Grosvenor Place, an iconic Sydney...<\/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-120630","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-vnE","jetpack-related-posts":[{"id":120656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sour-relations-between-beijing-and-canberra-dampen-mainland-chinese-investment-in-australian-property-market\/","url_meta":{"origin":120630,"position":0},"title":"Sour relations between Beijing and Canberra dampen mainland Chinese investment in Australian property market","date":"May 18, 2021","format":false,"excerpt":"\r The worsening tensions between Canberra and Beijing have dampened the appetite of mainland Chinese for Australian property, with investments declining by 29 per cent in 2020, according to data from Real Capital Analytics (RCA).Total investment in Australian property both from state-owned and private enterprises in China reached US$935.5 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57866,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grosvenor-plans-500m-build-to-rent-investment-in-southeast-london\/","url_meta":{"origin":120630,"position":1},"title":"Grosvenor plans \u00a3500m build-to-rent investment in southeast London","date":"June 14, 2017","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Grosvenor plans \u00a3500m build-to-rent investment in southeast London","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-adia-to-buy-stake-in-pensions-giant\/","url_meta":{"origin":120630,"position":2},"title":"Abu Dhabi's ADIA to buy stake in pensions giant","date":"June 19, 2018","format":false,"excerpt":"\r Abu Dhabi Investment Authority reaches agreement to acquire a stake of up to 21.4% in Pension Insurance Corporation Group\r \r Source : arabianbusiness.com\r Read more...Abu Dhabi's ADIA to buy stake in pensions giant","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106097,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-investment-holding-firm-united-industrial-raises-stake-in-marina-centre-for-s485-million\/","url_meta":{"origin":120630,"position":3},"title":"Singapore investment holding firm United Industrial raises stake in Marina Centre for S$485 million","date":"April 15, 2019","format":false,"excerpt":"\r United Industrial Corporation, a subsidiary of UOL Group, is acquiring a further 24.27 per cent stake in indirect subsidiary Marina Centre Private Holdings (MCH) for S$485.3 million (US$358.86 million), to be paid in cash. It already owns a 53.07 per cent stake in MCH.The acquisition is being made through\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singaporeans-want-to-quit-1-4b-nz-asset-government-investment-corporation-selling-mall-stake\/","url_meta":{"origin":120630,"position":4},"title":"Singaporeans want to quit $1.4b NZ asset: Government Investment Corporation selling mall stake","date":"March 15, 2024","format":false,"excerpt":"\r A non-management stake in five NZ malls with $2.37b annual sales is on the market.\r \r Source : nzherald.co.nz\/Property\r Read more...Singaporeans want to quit .4b NZ asset: Government Investment Corporation selling mall stake","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-trust-puts-langham-place-office-tower-stake-on-sale\/","url_meta":{"origin":120630,"position":5},"title":"Investment trust puts Langham Place Office Tower stake on sale","date":"July 4, 2017","format":false,"excerpt":"\r Champion REIT, the real estate investment trust controlled by Hong Kong family business Great Eagle Holdings, has announced that it is looking to sell its interest in the Langham Place Office Tower in the Mong Kok district of the Kowloon peninsula. According to a statement posted on the Hong\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\/120630"}],"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=120630"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120630\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}