{"id":144321,"date":"2024-05-08T17:00:05","date_gmt":"2024-05-08T10:00:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-puts-shenzhen-land-up-for-auction-as-developer-trims-noncore-assets-to-ease-us147-billion-liabilities\/"},"modified":"2024-05-08T17:01:16","modified_gmt":"2024-05-08T10:01:16","slug":"china-vanke-puts-shenzhen-land-up-for-auction-as-developer-trims-noncore-assets-to-ease-us147-billion-liabilities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-puts-shenzhen-land-up-for-auction-as-developer-trims-noncore-assets-to-ease-us147-billion-liabilities\/","title":{"rendered":"China Vanke puts Shenzhen land up for auction as developer trims noncore assets to ease US$147 billion liabilities"},"content":{"rendered":"


\nDeveloper puts another noncore asset on the chopping block to bolster its liquidity and appease creditors, part of its three-pronged strategy to overcome a financial crisis.
\n
\nSource : South China Morning Post
\nRead more…China Vanke puts Shenzhen land up for auction as developer trims noncore assets to ease US7 billion liabilities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Developer puts another noncore asset on the chopping block to bolster its liquidity and appease...<\/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-144321","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-BxL","jetpack-related-posts":[{"id":117434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-speeds-up-sale-of-noncore-assets-as-disposals-top-hk10-billion-in-financial-year\/","url_meta":{"origin":144321,"position":0},"title":"New World Development speeds up sale of noncore assets as disposals top HK$10 billion in financial year","date":"June 29, 2020","format":false,"excerpt":"\r New World Development has sold two noncore assets, pulling in HK$3.57 billion (US$460.6 million) as the developer ploughs ahead with its long-term development strategy of focusing on Hong Kong and the Greater Bay Area.The developer said in a statement on Monday that the sale of a 45 per cent\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":144321,"position":1},"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":163618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-vanke-reports-us2-3-billion-loss-amid-sales-slowdown\/","url_meta":{"origin":144321,"position":2},"title":"Developer China Vanke reports US$2.3 billion loss amid sales slowdown","date":"October 31, 2025","format":false,"excerpt":"\r Developer China Vanke reported a deeper third-quarter loss, highlighting mounting challenges as the prolonged property market downturn continues to weigh on its sales. The Shenzhen-based company posted a loss of 16.1 billion yuan (US$2.3 billion) in the three months ended September 30, roughly doubling its loss from a year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118921,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-properties-selling-car-parking-spaces-in-taikoo-shing-for-hk3-million-each-as-it-disposes-off-noncore-assets\/","url_meta":{"origin":144321,"position":3},"title":"Swire Properties selling car parking spaces in Taikoo Shing for HK$3 million each as it disposes off noncore assets","date":"October 15, 2020","format":false,"excerpt":"\r Swire Properties, the developer of Taikoo Shing, is selling car and motorcycle parking spaces for the first time at the 43-year-old housing project in Quarry Bay, as part of its \u201cstrategy to dispose of certain noncore assets\u201d.A total of 227 car parking spaces and 62 motorcycle parking spaces in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19818,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-fight-to-control-chinas-biggest-developer-just-got-more-interesting\/","url_meta":{"origin":144321,"position":4},"title":"A fight to control China\u2019s biggest developer just got more interesting","date":"July 15, 2016","format":false,"excerpt":"\r Vanke, forced into a white knight deal, could be taking the fight against bellicose shareholders to New York The Vanke Pavlilion at the Milano expo 2015. Image credit: Davide Oliva (Flickr) Shenzhen-based developer China Vanke Co and its partners are reportedly hammering out a deal to acquire commercial property\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":144321,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144321"}],"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=144321"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144321\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=144321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=144321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=144321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}