{"id":122906,"date":"2021-10-30T13:57:21","date_gmt":"2021-10-30T06:57:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-oceanwides-creditors-seize-control-of-stalled-san-francisco-skyscraper-after-developers-us334-million-default\/"},"modified":"2021-10-30T15:07:56","modified_gmt":"2021-10-30T08:07:56","slug":"china-oceanwides-creditors-seize-control-of-stalled-san-francisco-skyscraper-after-developers-us334-million-default","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-oceanwides-creditors-seize-control-of-stalled-san-francisco-skyscraper-after-developers-us334-million-default\/","title":{"rendered":"China Oceanwide\u2019s creditors seize control of stalled San Francisco skyscraper after developer\u2019s US$334 million default"},"content":{"rendered":"


\nChina Oceanwide Holdings\u2019 real estate troubles are mounting in the US, with credit holders taking control of a stalled skyscraper development in San Francisco.Overseas credit holders of Oceanwide\u2019s two offshore units have taken over their entire holdings in the project, the developer said in a Shenzhen Stock Exchange filing. The two notes, in dollars and worth a combined HK$2.6 billion (US$334 million), have matured.While investors around the world are watching to see how the crisis around cash\u2026
\n
\nSource : South China Morning Post
\nRead more…China Oceanwide\u2019s creditors seize control of stalled San Francisco skyscraper after developer\u2019s US4 million default<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Oceanwide Holdings\u2019 real estate troubles are mounting in the US, with credit holders taking...<\/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-122906","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-vYm","jetpack-related-posts":[{"id":32954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-58-story-skyscraper-in-san-francisco-is-sinking-now-the-city-is-suing-its-developers\/","url_meta":{"origin":122906,"position":0},"title":"A 58-story skyscraper in San Francisco is sinking \u2014 now the city is suing its developers","date":"November 4, 2016","format":false,"excerpt":"\r The San Francisco City Attorney\u2019s office\u00a0put Millennium Tower in its crosshairs on November 3rd when it announced it\u2019s\u00a0suing\u00a0the sinking skyscraper\u2019s developers. Millennium Tower, a residential skyscraper, rises 58 stories above San Francisco\u2019s\u00a0Financial District.\u00a0Since\u00a0the luxury condo building opened doors in 2009, the building has sunk 16 inches and tilted two\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113519,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jpmorgan-and-nomura-expand-in-chinas-tallest-skyscraper-as-they-add-headcount-ahead-of-countrys-financial-liberalisation\/","url_meta":{"origin":122906,"position":1},"title":"JPMorgan and Nomura expand in China\u2019s tallest skyscraper as they add headcount ahead of country\u2019s financial liberalisation","date":"January 10, 2020","format":false,"excerpt":"\r JPMorgan Chase & Co. and Nomura Holdings are taking extra office space in China with both increasing headcount in the nation as it opens its US$45 trillion financial industry to more competition.New York-headquartered JPMorgan boosted its space in Shanghai Tower, China\u2019s tallest skyscraper, to 20,000 square meters (215,300 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-unveil-plans-for-a-personal-mini-skyscraper-at-the-mid-levels-as-vertical-mansions-arrive-for-the-uber-rich\/","url_meta":{"origin":122906,"position":2},"title":"Developers unveil plans for a personal mini skyscraper at the Mid-Levels as vertical mansions arrive for the uber rich","date":"August 31, 2021","format":false,"excerpt":"\r Two developers are bringing the personal skyscraper, or at least a miniaturised version of the latest must-haves among Indian billionaires, to Hong Kong, with plans for an eight-storey, vertical villa at The Mid-Levels.K. Wah International Holdings and Chuang\u2019s Consortium International have unveiled plans for the project at 28 Po\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119053,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pan-sutong-controlled-goldin-financial-loses-control-over-flagship-tower-as-court-rules-in-favour-of-creditors\/","url_meta":{"origin":122906,"position":3},"title":"Pan Sutong-controlled Goldin Financial loses control over flagship tower as court rules in favour of creditors","date":"October 29, 2020","format":false,"excerpt":"\r The drama surrounding the ownership and sale of Goldin Financial Global Centre, a 28-storey building and headquarters of cash-strapped Goldin Financial Holdings, came to an end on Thursday, after a court ruled in favour of the developer\u2019s creditors.The Goldin unit Smart Edge and Goldin Financial Global Centre are under\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/san-francisco-is-full-tech-backlash-reaches-new-heights-with-skyscraper-battle\/","url_meta":{"origin":122906,"position":4},"title":"'San Francisco is full': Tech backlash reaches new heights with skyscraper battle","date":"March 6, 2020","format":false,"excerpt":"\r San Francisco, a city that's hemmed in by water on three sides, has been the scene of a multidecade battle over who gets every available square inch.\r \r Source : cnbc.com\r Read more...'San Francisco is full': Tech backlash reaches new heights with skyscraper battle","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171354,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dbs-hong-kong-acquires-six-floors-at-the-center-in-us334-million-deal\/","url_meta":{"origin":122906,"position":5},"title":"DBS Hong Kong acquires six floors at The Center in US$334 million deal","date":"April 15, 2026","format":false,"excerpt":"\r DBS Bank (Hong Kong) has agreed to pay about HK$2.62 billion (US$334 million) for six floors at The Center \u2013 once the world\u2019s most expensive skyscraper \u2013 marking the city\u2019s largest office transaction so far this year. The lender acquired the 26th, 32nd, 36th, 37th, 56th and 76th floors\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\/122906"}],"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=122906"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122906\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}