{"id":131833,"date":"2022-11-28T14:36:16","date_gmt":"2022-11-28T07:36:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-chinese-developers-shenzhen-plot-sold-to-local-government-backed-buyer-for-us1-billion\/"},"modified":"2022-11-28T14:38:30","modified_gmt":"2022-11-28T07:38:30","slug":"evergrande-crisis-chinese-developers-shenzhen-plot-sold-to-local-government-backed-buyer-for-us1-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-chinese-developers-shenzhen-plot-sold-to-local-government-backed-buyer-for-us1-billion\/","title":{"rendered":"Evergrande crisis: Chinese developer\u2019s Shenzhen plot sold to local government-backed buyer for US$1 billion"},"content":{"rendered":"


\nThe 10,376-square-metre plot in Shenzhen\u2019s Nanshan district was sold to government-backed Shenzhen Anju Jianye Investment Operation. Evergrande acquired the plot in 2017 for 5.55 billion yuan.
\n
\nSource : South China Morning Post
\nRead more…Evergrande crisis: Chinese developer\u2019s Shenzhen plot sold to local government-backed buyer for US billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The 10,376-square-metre plot in Shenzhen\u2019s Nanshan district was sold to government-backed Shenzhen Anju Jianye Investment...<\/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-131833","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-yil","jetpack-related-posts":[{"id":131397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-receivers-sell-plot-with-planned-versailles-palace-like-villa-at-us770-million-loss\/","url_meta":{"origin":131833,"position":0},"title":"China Evergrande receivers sell plot with planned Versailles Palace-like villa at US$770 million loss","date":"November 7, 2022","format":false,"excerpt":"\r The embattled Shenzhen-based developer\u2019s the land in Yuen Long was sold by receivers for US$636.9 million, according to a filing to the Hong Kong stock exchange.\r \r Source : South China Morning Post\r Read more...China Evergrande receivers sell plot with planned Versailles Palace-like villa at US0 million loss","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-could-it-be-the-end-of-the-road-for-the-worlds-most-indebted-property-developer-as-us37-billion-bill-comes-due\/","url_meta":{"origin":131833,"position":1},"title":"Evergrande: Could it be the end of the road for the world\u2019s most indebted property developer, as US$37 billion bill comes due?","date":"October 2, 2021","format":false,"excerpt":"\r The second of a three-part series on China Evergrande Group takes a deep dive into the property developer\u2019s total debt to see whether it can escape its liquidity crisis through property and asset sales.China Evergrande Group, the world\u2019s most indebted property developer, is facing a final notice after engaging\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124409,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-seeks-legal-recourse-after-creditor-oaktree-seized-indebted-developers-versailles-like-project-in-yuen-long\/","url_meta":{"origin":131833,"position":2},"title":"China Evergrande seeks legal recourse after creditor Oaktree seized indebted developer\u2019s Versailles-like project in Yuen Long","date":"January 30, 2022","format":false,"excerpt":"\r China Evergrande Group\u2019s Palace of Versailles-like project in Yuen Long \u2013 used as a collateral to restructure part of the company\u2019s massive debt \u2013 was recently seized by creditor Oaktree Capital, which has appointed receivers for the asset.The Shenzhen-based developer, which is saddled with US$310 billion in total liabilities,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-stake-sale-smooths-way-for-evergrandes-much-prized-shenzhen-ipo-despite-us1b-hit\/","url_meta":{"origin":131833,"position":3},"title":"Vanke stake sale smooths way for Evergrande\u2019s much-prized Shenzhen IPO, despite US$1b hit","date":"June 13, 2017","format":false,"excerpt":"\r Despite taking a hefty loss of 7 billion yuan (US$1 billion), China Evergrande Group is still considered very \u201clucky\u201d to have extracted itself from the China Vanke takeover saga, according to analysts. Evergrande, China\u2019s largest property developer, revealed its holding in housebuilder Vanke was sold to Shenzhen Metro Group\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-another-us9bn-to-cut-debt-ahead-of-shenzhen-listing\/","url_meta":{"origin":131833,"position":4},"title":"China Evergrande raises another US$9bn to cut debt ahead of Shenzhen listing","date":"November 6, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest property developer by sales, has raised another 60 billion yuan (US$9 billion) from strategic investors as it looks to further reduce debt ahead of the listing of its property arm, Hengda Real Estate, on the Shenzhen Stock Exchange. The latest funding, the third\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124104,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-four-grandiose-projects-that-sum-up-indebted-chinese-developers-reckless-expansion\/","url_meta":{"origin":131833,"position":5},"title":"Evergrande crisis: four grandiose projects that sum up indebted Chinese developer\u2019s \u2018reckless expansion\u2019","date":"January 5, 2022","format":false,"excerpt":"\r China Evergrande is lurching from one crisis to another. From its home delivery snag to ongoing debt repayment troubles, more than US$52 billion of market value has been erased from the slump in its two flagship entities in Hong Kong over the past 12 months.The group had 1.97 trillion\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\/131833"}],"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=131833"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/131833\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=131833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=131833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=131833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}