{"id":149978,"date":"2025-03-28T06:30:15","date_gmt":"2025-03-27T23:30:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackrock-sells-shanghai-tower-at-34-discount-as-it-pulls-back-from-china-property\/"},"modified":"2025-03-28T06:49:48","modified_gmt":"2025-03-27T23:49:48","slug":"blackrock-sells-shanghai-tower-at-34-discount-as-it-pulls-back-from-china-property","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackrock-sells-shanghai-tower-at-34-discount-as-it-pulls-back-from-china-property\/","title":{"rendered":"BlackRock sells Shanghai tower at 34% discount as it pulls back from China property"},"content":{"rendered":"<p>&#013;<br \/>\nThe US firm is selling its last major asset in the city, Trinity Place, for 900 million yuan (US$124 million), according to sources.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3304173\/blackrock-sells-shanghai-tower-34-discount-it-pulls-back-china-property?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">BlackRock sells Shanghai tower at 34% discount as it pulls back from China property<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The US firm is selling its last major asset in the city, Trinity Place, for&#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-149978","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-D10","jetpack-related-posts":[{"id":141716,"url":"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\/","url_meta":{"origin":149978,"position":0},"title":"BlackRock to sell Shanghai office towers acquired for US$167 million in 2018 for 30 per cent discount, sources say","date":"January 22, 2024","format":false,"excerpt":"\r The 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.\r \r Source : South China Morning Post\r Read more...BlackRock to sell Shanghai office\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-laden-conglomerate-hna-sells-space-in-shanghai-tower-to-singapores-capitaland-for-us400-million\/","url_meta":{"origin":149978,"position":1},"title":"Debt-laden conglomerate HNA sells space in Shanghai tower to Singapore\u2019s CapitaLand for US$400 million","date":"January 7, 2019","format":false,"excerpt":"\r The Chinese debt-laden aviation-to-finance conglomerate HNA Group has sold 70 per cent of space in a Shanghai office building to Singapore property giant CapitaLand for 2.75 billion yuan (US$400.5 million), CapitaLand said on Monday. After the transaction, the latest divestment move by HNA, CapitaLand and a joint venture partner\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154317,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indevin-sells-ex-villa-maria-buildings-to-blackrock-wee-problem-blights-rich-listers-boatshed-garage-dwelling-landlord-property-insider\/","url_meta":{"origin":149978,"position":2},"title":"Indevin sells ex-Villa Maria buildings to BlackRock; wee problem blights rich-lister\u2019s boatshed; garage-dwelling landlord &#8211; Property Insider","date":"May 27, 2025","format":false,"excerpt":"\r Once, wine was made in the buildings. Now it's Tourism Holdings' HQ - campervan heaven.\r \r Source : nzherald.co.nz\/Property\r Read more...Indevin sells ex-Villa Maria buildings to BlackRock; wee problem blights rich-lister\u2019s boatshed; garage-dwelling landlord - Property Insider","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackrock-agrees-to-sell-singapore-office-tower-to-qatar-fund-for-2-5-billion\/","url_meta":{"origin":149978,"position":3},"title":"BlackRock agrees to sell Singapore office tower to Qatar fund for $2.5 billion","date":"June 6, 2016","format":false,"excerpt":"\r Asia Square Tower 1, located in the city-state's financial district, has over 1.25 million square feet of net lettable area and has Citigroup Inc as its anchor tenant\r \r Source : arabianbusiness.com\r Read more...BlackRock agrees to sell Singapore office tower to Qatar fund for .5 billion","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58980,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-sells-shanghai-project-to-singapores-keppel-group-for-us522m\/","url_meta":{"origin":149978,"position":4},"title":"Soho China sells Shanghai project to Singapore\u2019s Keppel Group for US$522m","date":"June 26, 2017","format":false,"excerpt":"\r Soho China, the biggest commercial developer in the Chinese capital, said on Monday it has sold a Shanghai office-commercial project for 3.57 billion yuan (US$522 million), three months after an attempt to sell the same property failed because of Beijing\u2019s tighter capital controls. Hongkou Soho was sold to Keppel\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147847,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-sunacs-multimillion-yuan-one-sino-park-in-shanghai-sells-out-in-3-hours\/","url_meta":{"origin":149978,"position":5},"title":"China property: Sunac\u2019s multimillion-yuan One Sino Park in Shanghai sells out in 3 hours","date":"October 27, 2024","format":false,"excerpt":"\r All 158 units in the project in Dongjiadu, Huangpu district, were sold, fetching the developer US$825.8 million.\r \r Source : South China Morning Post\r Read more...China property: Sunac\u2019s multimillion-yuan One Sino Park in Shanghai sells out in 3 hours","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\/149978"}],"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=149978"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149978\/revisions"}],"predecessor-version":[{"id":149979,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149978\/revisions\/149979"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}