{"id":125185,"date":"2022-03-10T18:35:10","date_gmt":"2022-03-10T11:35:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-dangles-30-per-cent-discount-on-commercial-properties-to-trim-debt-after-aborted-blackstone-deal\/"},"modified":"2022-03-10T20:03:06","modified_gmt":"2022-03-10T13:03:06","slug":"soho-china-dangles-30-per-cent-discount-on-commercial-properties-to-trim-debt-after-aborted-blackstone-deal","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-dangles-30-per-cent-discount-on-commercial-properties-to-trim-debt-after-aborted-blackstone-deal\/","title":{"rendered":"Soho China dangles 30 per cent discount on commercial properties to trim debt after aborted Blackstone deal"},"content":{"rendered":"<p>&#013;<br \/>\nSoho China is offering a portion of commercial properties in Beijing and Shanghai at a deep discount to raise cash and pay down debt, seeking to capitalise on early signs of rebound in the pandemic-hit market.The developer will sell about 32,000 square metres from its portfolio in the two cities at a 30 per cent discount, East Money Information reported on Thursday, which cited chairman Pan Shiyi as saying in a presentation to investors.The size amounts to less than 4 per cent of its combined\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3169986\/soho-china-dangles-30-cent-discount-commercial-properties-trim-debt-after?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Soho China dangles 30 per cent discount on commercial properties to trim debt after aborted Blackstone deal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Soho China is offering a portion of commercial properties in Beijing and Shanghai at a&#46;&#46;&#46;<\/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-125185","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-wz7","jetpack-related-posts":[{"id":7188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-profit-slumps-87-per-cent\/","url_meta":{"origin":125185,"position":0},"title":"Soho China profit slumps 87 per cent","date":"March 8, 2016","format":false,"excerpt":"\r Commercial property developer Soho China saw its net profit fall 87 per cent to 1.05 billion yuan (HK$1.25 billion) last year on lower property sales resulting from a shift in strategy.\r \r Source : South China Morning Post\r Read more...Soho China profit slumps 87 per cent","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7210,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-to-sell-shanghai-office-building-after-posting-87-per-cent-decline-in-profit\/","url_meta":{"origin":125185,"position":1},"title":"Soho China to sell Shanghai office building after posting 87 per cent decline in profit","date":"March 8, 2016","format":false,"excerpt":"\r Commercial property giant Soho China plans to sell an office building in Shanghai to make quick cash from the city\u2019s red-hot real estate market after posting a 87 per cent decline in net profit last year.\r \r Source : South China Morning Post\r Read more...Soho China to sell Shanghai\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58980,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-sells-shanghai-project-to-singapores-keppel-group-for-us522m\/","url_meta":{"origin":125185,"position":2},"title":"Soho China sells Shanghai project to Singapore\u2019s Keppel Group for US$522m","date":"June 26, 2017","format":false,"excerpt":"\r Soho China, the biggest commercial developer in the Chinese capital, said on Monday it has sold a Shanghai office-commercial project for 3.57 billion yuan (US$522 million), three months after an attempt to sell the same property failed because of Beijing\u2019s tighter capital controls. Hongkou Soho was sold to Keppel\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackstone-drops-3bn-takeover-of-property-developer-soho-china\/","url_meta":{"origin":125185,"position":3},"title":"Blackstone drops $3bn takeover of property developer Soho China","date":"September 10, 2021","format":false,"excerpt":"\r US private equity group backs out after Beijing antitrust review drags on\r \r Source : ft.com\r Read more...Blackstone drops bn takeover of property developer Soho China","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-builder-of-zaha-hadids-curves-is-in-talks-with-blackstone-in-us4-billion-privatisation-deal\/","url_meta":{"origin":125185,"position":4},"title":"Soho China, builder of Zaha Hadid\u2019s curves, is in talks with Blackstone in US$4 billion privatisation deal","date":"March 10, 2020","format":false,"excerpt":"\r Soho China Limited, whose curvilinear office buildings gave Beijing\u2019s chessboard cityscape its futuristic skyline, is being taken private in one of the country\u2019s largest privatisation deals.\r\rThe developer, founded in 1995 by a husband-and-wife team, is in exclusive talks with Blackstone in a US$4 billion deal, Reuters reported, citing people\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121971,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-shares-plunge-40-after-blackstone-deal-collapses\/","url_meta":{"origin":125185,"position":5},"title":"Soho China shares plunge 40% after Blackstone deal collapses","date":"September 13, 2021","format":false,"excerpt":"\r Failure to gain Beijing\u2019s approval turns spotlight on property group\u2019s colourful founders\r \r Source : ft.com\r Read more...Soho China shares plunge 40% after Blackstone deal collapses","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125185"}],"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=125185"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125185\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}