{"id":120774,"date":"2021-06-30T06:00:18","date_gmt":"2021-06-29T23:00:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/insurer-ping-an-to-acquire-stakes-in-six-raffles-city-properties-from-singapores-capitaland-in-deal-worth-up-to-us5-1-billion\/"},"modified":"2021-07-18T17:04:51","modified_gmt":"2021-07-18T10:04:51","slug":"insurer-ping-an-to-acquire-stakes-in-six-raffles-city-properties-from-singapores-capitaland-in-deal-worth-up-to-us5-1-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/insurer-ping-an-to-acquire-stakes-in-six-raffles-city-properties-from-singapores-capitaland-in-deal-worth-up-to-us5-1-billion\/","title":{"rendered":"Insurer Ping An to acquire stakes in six Raffles City properties from Singapore\u2019s CapitaLand in deal worth up to US$5.1 billion"},"content":{"rendered":"


\nPing An Insurance (Group), China\u2019s largest insurer by market capitalisation, plans to acquire stakes in six Raffles City retail and office developments in China from Singapore\u2019s CapitaLand for up to 33 billion yuan (US$5.1 billion).Ping An Life Insurance Company of China, a unit of Ping An, said it will acquire the stakes in Raffles City Shanghai, Raffles City Beijing, Raffles City Ningbo, Raffles City Chengdu, Raffles City Changning (Shanghai) and Raffles City Hangzhou, according to a filing\u2026
\n
\nSource : South China Morning Post
\nRead more…Insurer Ping An to acquire stakes in six Raffles City properties from Singapore\u2019s CapitaLand in deal worth up to US.1 billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ping An Insurance (Group), China\u2019s largest insurer by market capitalisation, plans to acquire stakes in...<\/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-120774","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-vpY","jetpack-related-posts":[{"id":95239,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-takes-over-raffles-country-club-despite-possible-delay-in-hsr\/","url_meta":{"origin":120774,"position":0},"title":"Govt takes over Raffles Country Club despite possible delay in HSR","date":"August 2, 2018","format":false,"excerpt":"\r The Raffles Country Club opened in 1988 and is one of the oldest golf clubs in Singapore. Source: Tourmet.com The local authorities recently took ownership of Raffles Country Club\u2019s land despite the possible postponement of the Singapore-Kuala Lumpur High Speed Rail (HSR), reported TODAYonline. The government \u201ctook site possession\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-to-acquire-raffles-country-club-land-for-hsr\/","url_meta":{"origin":120774,"position":1},"title":"Govt to acquire Raffles Country Club land for HSR","date":"January 5, 2017","format":false,"excerpt":"\r The Raffles Country Club opened in 1988, and is one of the oldest golf clubs in Singapore. Source: Tourmet.com The Singapore Land Authority (SLA) gazetted the acquisition of the land occupied by Raffles Country Club (RCC) in Tuas on Wednesday (4 January), so that it can be used for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-announces-privileges-for-national-servicemen\/","url_meta":{"origin":120774,"position":2},"title":"CapitaLand announces privileges for national servicemen","date":"April 10, 2017","format":false,"excerpt":"\r National Servicemen can enjoy exclusive benefits across various CapitaLand properties in Singapore, including ION Orchard. (Photo: CapitaLand)\u00a0 To celebrate 50 years of National Service (NS) in Singapore, members of the armed forces are entitled to $500,000 worth of exclusive benefits at more than 30 CapitaLand properties across the country.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101234,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitalands-net-profit-rose-13-6-in-q3\/","url_meta":{"origin":120774,"position":3},"title":"CapitaLand\u2019s net profit rose 13.6% in Q3","date":"November 14, 2018","format":false,"excerpt":"\r View of The Nassim condominium project. CapitaLand\u2019s net profit for the third quarter of 2018 rose 13.6 percent to $362.2 million from $206.3 million in Q3 2017, on account of higher operating profit and gains from asset recycling. Operating profit for Q3 2018 increased 13.3 percent to $233.7 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-led-consortium-buys-20-malls-from-singapores-capitaland-for-us1-29-billion\/","url_meta":{"origin":120774,"position":4},"title":"China Vanke-led consortium buys 20 malls from Singapore\u2019s CapitaLand for US$1.29 billion","date":"January 5, 2018","format":false,"excerpt":"\r China Vanke, one of China\u2019s largest developers, its commercial property unit SCPG Commercial Real Estate and private equity company Hopu Investment Management have teamed up to acquire 20 shopping malls across China from Singapore\u2019s CapitaLand. The deal for the malls is worth 8.36 billion yuan (US$1.29 billion), the buyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102056,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitalands-earnings-forecasted-to-rise-by-19-in-2018-2020\/","url_meta":{"origin":120774,"position":5},"title":"Capitaland\u2019s earnings forecasted to rise by 19% in 2018-2020","date":"December 6, 2018","format":false,"excerpt":"\r La Botanica in Xi\u2019an is one of CapitaLand\u2019s latest residential developments in China. (Photo: CapitaLand) UOB KayHian analysts expect Capitaland\u2019s net profit to grow by about 19 percent in 2018 to 2020 on the back of robust residential sales in China, offshore property purchases and the highly-anticipated opening of\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\/120774"}],"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=120774"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120774\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}