{"id":143773,"date":"2024-04-17T18:32:27","date_gmt":"2024-04-17T11:32:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/troubled-china-vanke-looks-to-offload-21-4-stake-in-singapore-logistics-firm-glp-as-it-seeks-to-ease-debt-burden\/"},"modified":"2024-04-17T18:42:19","modified_gmt":"2024-04-17T11:42:19","slug":"troubled-china-vanke-looks-to-offload-21-4-stake-in-singapore-logistics-firm-glp-as-it-seeks-to-ease-debt-burden","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/troubled-china-vanke-looks-to-offload-21-4-stake-in-singapore-logistics-firm-glp-as-it-seeks-to-ease-debt-burden\/","title":{"rendered":"Troubled China Vanke looks to offload 21.4% stake in Singapore logistics firm GLP as it seeks to ease debt burden"},"content":{"rendered":"


\nVanke has held discussions with parties including state-owned investment company Guangdong Holdings and a Tianjin-based state-owned firm to exit its investment, said people familiar with the matter.
\n
\nSource : South China Morning Post
\nRead more…Troubled China Vanke looks to offload 21.4% stake in Singapore logistics firm GLP as it seeks to ease debt burden<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Vanke has held discussions with parties including state-owned investment company Guangdong Holdings and a Tianjin-based...<\/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-143773","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-BoV","jetpack-related-posts":[{"id":60696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-hopu-lead-us11-6-billion-management-buyout-of-glp-winning-asias-largest-takeover\/","url_meta":{"origin":143773,"position":0},"title":"Vanke, Hopu lead US$11.6 billion management buyout of GLP, winning Asia\u2019s largest takeover","date":"July 14, 2017","format":false,"excerpt":"\r A consortium led by China Vanke Co. and Goldman Sachs\u2019 former China chairman have won a management buyout to take over Global Logistics Properties Ltd., the largest operator of warehouses in China, in Asia\u2019s biggest-ever private equity acquisition by value. The Nesta Investment Holdings MidCo consortium will offer S$16\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64622,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-aims-to-be-worlds-largest-warehouse-operator-after-glp-takeover\/","url_meta":{"origin":143773,"position":1},"title":"Vanke aims to be world\u2019s largest warehouse operator after GLP takeover","date":"August 25, 2017","format":false,"excerpt":"\r China Vanke said it was targeting to become the world\u2019s largest operator of warehouses after the Chinese property giant led a consortium to buy out Singapore-listed Global Logistics Properties last month. \u201cGLP is currently the world\u2019s second-largest logistics property owner with a dominant market position in China. Our goal\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140837,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-to-sell-shares-in-singapore-hotel-chain-banyan-trees-mainland-units-for-us67-million\/","url_meta":{"origin":143773,"position":2},"title":"China Vanke to sell shares in Singapore hotel chain Banyan Tree\u2019s mainland units for US$67 million","date":"December 28, 2023","format":false,"excerpt":"\r Vanke is selling its stake in the hotel management joint ventures including Banyan Tree Services (China) and Banyan Tree Hotel Management (China) as it seeks to weather the country\u2019s property downturn.\r \r Source : South China Morning Post\r Read more...China Vanke to sell shares in Singapore hotel chain Banyan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-chinas-third-largest-developer-seeks-to-ease-coronavirus-pain-by-floating-additional-shares-in-hong-kong-and-raising-us1-billion\/","url_meta":{"origin":143773,"position":3},"title":"Vanke, China\u2019s third-largest developer, seeks to ease coronavirus pain by floating additional shares in Hong Kong and raising US$1 billion","date":"June 4, 2020","format":false,"excerpt":"\r China Vanke, the mainland\u2019s third-largest home builder, aims to raise HK$7.87 billion (US$1.01 billion) in fresh capital to repay overseas debt and boost its working capital by floating additional shares in Hong Kong.In a filing to the city\u2019s exchange on Thursday, Vanke said it will sell 315.59 million shares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-secures-us383-million-lifeline-from-shenzhen-metro-group-to-repay-debt\/","url_meta":{"origin":143773,"position":4},"title":"China Vanke secures US$383 million lifeline from Shenzhen Metro Group to repay debt","date":"February 11, 2025","format":false,"excerpt":"\r The developer is transferring an 18 per cent stake in its property management unit Onewo as collateral.\r \r Source : South China Morning Post\r Read more...China Vanke secures US3 million lifeline from Shenzhen Metro Group to repay debt","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40575,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-resources-to-sell-vanke-stake-for-5-4bn\/","url_meta":{"origin":143773,"position":5},"title":"China Resources to sell Vanke stake for $5.4bn","date":"January 13, 2017","format":false,"excerpt":"\r Battle for control of China\u2019s biggest developer looks to be coming to an end\r \r Source : ft.com\r Read more...China Resources to sell Vanke stake for .4bn","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\/143773"}],"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=143773"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143773\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}