{"id":141716,"date":"2024-01-22T15:45:09","date_gmt":"2024-01-22T08:45:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackrock-to-sell-shanghai-office-towers-acquired-for-us167-million-in-2018-for-30-per-cent-discount-sources-say\/"},"modified":"2024-01-22T15:48:30","modified_gmt":"2024-01-22T08:48:30","slug":"blackrock-to-sell-shanghai-office-towers-acquired-for-us167-million-in-2018-for-30-per-cent-discount-sources-say","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackrock-to-sell-shanghai-office-towers-acquired-for-us167-million-in-2018-for-30-per-cent-discount-sources-say\/","title":{"rendered":"BlackRock to sell Shanghai office towers acquired for US$167 million in 2018 for 30 per cent discount, sources say"},"content":{"rendered":"<p>&#013;<br \/>\nThe New York-based asset manager is marketing the property in northwestern Shanghai at a reduced rate to speed up the sale, according to the people, who asked not to be identified because the information is private.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3249345\/blackrock-sell-shanghai-office-towers-acquired-us167-million-2018-30-cent-discount-sources-say?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">BlackRock to sell Shanghai office towers acquired for US7 million in 2018 for 30 per cent discount, sources say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The New York-based asset manager is marketing the property in northwestern Shanghai at a reduced&#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-141716","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-ARK","jetpack-related-posts":[{"id":149978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackrock-sells-shanghai-tower-at-34-discount-as-it-pulls-back-from-china-property\/","url_meta":{"origin":141716,"position":0},"title":"BlackRock sells Shanghai tower at 34% discount as it pulls back from China property","date":"March 28, 2025","format":false,"excerpt":"\r The US firm is selling its last major asset in the city, Trinity Place, for 900 million yuan (US$124 million), according to sources.\r \r Source : South China Morning Post\r Read more...BlackRock sells Shanghai tower at 34% discount as it pulls back from China property","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/qatar-fund-buys-singapore-office-tower-from-blackrock\/","url_meta":{"origin":141716,"position":1},"title":"Qatar fund buys Singapore office tower from BlackRock","date":"June 6, 2016","format":false,"excerpt":"\r Qatar Investment Authority has agreed to buy BlackRock's Asia Square Tower 1 for S$3.4 billion in the biggest office transaction in Singapore.Qatar will purchase the officer tower in the central business district in the largest single-tower sale in the region, according to a joint statement from Qatar Investment Authority\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157021,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackrock-reportedly-talking-to-aramco-to-sell-stake-in-pipelines-business\/","url_meta":{"origin":141716,"position":2},"title":"BlackRock\u00a0reportedly talking to Aramco to sell stake in pipelines business","date":"July 5, 2025","format":false,"excerpt":"\r The American investment company had acquired 49% of the entity that holds leasing rights over Aramco pipelines for $15.5bn\r \r Source : arabianbusiness.com\r Read more...BlackRock\u00a0reportedly talking to Aramco to sell stake in pipelines business","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/07\/blackrock-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":103986,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-credit-crunch-pressures-cimg-into-discounted-sale-of-key-land-plot-in-shanghai\/","url_meta":{"origin":141716,"position":3},"title":"China\u2019s credit crunch pressures CIMG into discounted sale of key land plot in Shanghai","date":"February 14, 2019","format":false,"excerpt":"\r Troubled investment conglomerate China Minsheng Investment Group (CIMG) sold its remaining stake in a prime plot of land in Shanghai at a discount on Wednesday, after a bond default drew attention to the company\u2019s liquidity shortfall. The firm made full payment to its creditors after the deal, sources said.\u2026","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":141716,"position":4},"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":95793,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-lowers-first-home-mortgage-rates-to-revive-market-and-boost-economic-growth\/","url_meta":{"origin":141716,"position":5},"title":"Shanghai lowers first-home mortgage rates to revive market and boost economic growth","date":"August 10, 2018","format":false,"excerpt":"\r Two state-owned banks in Shanghai have lowered their first-home mortgage rates in an unprecedented move to ease buying restrictions after two years of controls to cool the overheated property market. Borrowers will be eligible for a 10 per cent discount off the benchmark interest rate, up from a previous\u2026","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\/141716"}],"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=141716"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/141716\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=141716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=141716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=141716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}