{"id":135654,"date":"2023-03-27T18:31:26","date_gmt":"2023-03-27T11:31:26","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-chinese-developer-shimao-group-to-sell-hong-kong-airport-area-sheraton-hotel-property-for-us828-million\/"},"modified":"2023-03-27T18:39:20","modified_gmt":"2023-03-27T11:39:20","slug":"indebted-chinese-developer-shimao-group-to-sell-hong-kong-airport-area-sheraton-hotel-property-for-us828-million","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-chinese-developer-shimao-group-to-sell-hong-kong-airport-area-sheraton-hotel-property-for-us828-million\/","title":{"rendered":"Indebted Chinese developer Shimao Group to sell Hong Kong airport-area Sheraton hotel property for US$828 million"},"content":{"rendered":"


\nThe owner of the 1, 219-room, Sheraton-branded property, Shimao Group, is in the process of restructuring US$11.8 billion in debt.
\n
\nSource : South China Morning Post
\nRead more…Indebted Chinese developer Shimao Group to sell Hong Kong airport-area Sheraton hotel property for US8 million<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The owner of the 1, 219-room, Sheraton-branded property, Shimao Group, is in the process of...<\/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-135654","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-zhY","jetpack-related-posts":[{"id":145511,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firm-shimao-group-gets-reprieve-until-next-month-from-a-hong-kong-court\/","url_meta":{"origin":135654,"position":0},"title":"Chinese property firm Shimao Group gets reprieve until next month from a Hong Kong court","date":"June 26, 2024","format":false,"excerpt":"\r Debt-stricken Chinese developer Shimao Group case adjourned to July 31as the city sees a rise in the number of creditor-led liquidation petitions.\r \r Source : South China Morning Post\r Read more...Chinese property firm Shimao Group gets reprieve until next month from a Hong Kong court","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148804,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/slew-of-indebted-chinese-developers-face-reckoning-in-hong-kong-courts\/","url_meta":{"origin":135654,"position":1},"title":"Slew of indebted Chinese developers face reckoning in Hong Kong courts","date":"January 15, 2025","format":false,"excerpt":"\r Sunac and Shimao have received new liquidation petitions, while Country Garden and Times China face court hearings this month.\r \r Source : South China Morning Post\r Read more...Slew of indebted Chinese developers face reckoning in Hong Kong courts","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-developer-shimao-seeks-offshore-investors-approval-to-restructure-us11-7-billion-debt\/","url_meta":{"origin":135654,"position":2},"title":"Embattled Chinese developer Shimao seeks offshore investors\u2019 approval to restructure US$11.7 billion debt","date":"March 25, 2024","format":false,"excerpt":"\r The Shanghai-based firm is seeking approval from offshore creditors for a restructuring plan, according to a filing made to the Hong Kong stock exchange late on Monday, as part of its latest efforts to avoid liquidation.\r \r Source : South China Morning Post\r Read more...Embattled Chinese developer Shimao seeks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-gets-second-reprieve-in-liquidation-winning-time-until-august-12-to-work-out-its-debt\/","url_meta":{"origin":135654,"position":3},"title":"Shimao gets second reprieve in liquidation, winning time until August 12 to work out its debt","date":"July 31, 2024","format":false,"excerpt":"\r Distressed Chinese developer Shimao Group was awarded a two-week reprieve after a Hong Kong court adjourned a winding-up hearing to August 12.\r \r Source : South China Morning Post\r Read more...Shimao gets second reprieve in liquidation, winning time until August 12 to work out its debt","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-shimao-rf-and-8-other-chinese-developers-may-be-ineligible-for-mainland-cash\/","url_meta":{"origin":135654,"position":4},"title":"Soho China, Shimao, R&F and 8 other Chinese developers may be ineligible for mainland cash","date":"June 27, 2024","format":false,"excerpt":"\r Several Hong Kong-listed Chinese property developers risk being excluded from the Stock Connect programme as their valuations have fallen below the statutory minimum.\r \r Source : South China Morning Post\r Read more...Soho China, Shimao, R&F and 8 other Chinese developers may be ineligible for mainland cash","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-group-shimao-feels-chill-of-sectors-liquidity-crisis\/","url_meta":{"origin":135654,"position":5},"title":"Chinese property group Shimao feels chill of sector\u2019s liquidity crisis","date":"February 4, 2022","format":false,"excerpt":"\r Developer sucked into bond market sell-off following Evergrande collapse\r \r Source : ft.com\r Read more...Chinese property group Shimao feels chill of sector\u2019s liquidity crisis","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\/135654"}],"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=135654"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135654\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=135654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=135654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=135654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}