{"id":164682,"date":"2025-11-13T11:20:41","date_gmt":"2025-11-13T04:20:41","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-cr-land-seeks-us260-million-from-stake-sale-in-property-services-arm\/"},"modified":"2025-11-13T11:35:22","modified_gmt":"2025-11-13T04:35:22","slug":"chinas-cr-land-seeks-us260-million-from-stake-sale-in-property-services-arm","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-cr-land-seeks-us260-million-from-stake-sale-in-property-services-arm\/","title":{"rendered":"China\u2019s CR Land seeks US$260 million from stake sale in property services arm"},"content":{"rendered":"<p>&#013;<br \/>\nChinese developer China Resources Land (CR Land) plans to raise more than HK$2 billion (US$260 million) by selling a 2.17 per cent stake in its property-management arm, China Resources Mixc Lifestyle Services, through a discounted share placement.<br \/>\nCR Land agreed to place 49.5 million shares of CR Mixc Lifestyle at HK$41.70 each, according to a filing to the Hong Kong stock exchange on Thursday. It represented a 9.58 per cent discount to the subsidiary\u2019s last closing price of HK$46.12, and a 1.3&#8230;&#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\/3332582\/china-developer-cr-land-seeks-us260-million-stake-sale-property-services-arm?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">China\u2019s CR Land seeks US0 million from stake sale in property services arm<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chinese developer China Resources Land (CR Land) plans to raise more than HK$2 billion (US$260&#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-164682","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-GQa","jetpack-related-posts":[{"id":47435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cr-land-still-eyeing-hk-sites-despite-inflated-prices-says-parent-groups-chairman\/","url_meta":{"origin":164682,"position":0},"title":"CR Land still eyeing HK sites despite inflated prices, says parent group\u2019s chairman","date":"March 10, 2017","format":false,"excerpt":"\r State-backed China Resources Land (CR Land), which has been building its presence in Hong Kong for decades, has been outbid recently on two separate government land tenders by mainland rivals. But despite hugely inflated prices now being paid in the city, chairman of CR Land\u2019s parent China Resources Group\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cr-land-sunac-post-better-interim-results-in-signs-of-property-recovery\/","url_meta":{"origin":164682,"position":1},"title":"CR Land, Sunac post better interim results in signs of property recovery","date":"August 27, 2025","format":false,"excerpt":"\r China\u2019s embattled property market is showing signs of a tentative recovery, as some developers posted stronger earnings and reduced losses, supported by government stimulus measures and recovering consumption. China Resources Land\u2019s first-half net profit increased by 16.2 per cent from last year to 11.9 billion yuan (US$1.66 billion), according\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107339,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacifics-property-arm-to-sell-its-50-per-cent-stake-in-625-kings-road-for-us303-million\/","url_meta":{"origin":164682,"position":2},"title":"Swire Pacific\u2019s property arm to sell its 50 per cent stake in 625 King\u2019s Road for US$303 million","date":"May 21, 2019","format":false,"excerpt":"\r Swire Pacific\u2019s property unit has reached an agreement to sell its entire 50 per cent stake in the owner of a commercial building in Hong Kong for HK$2.38 billion (US$302.6 million).Swire Properties will sell its stakes in Island Land Development, which owns 625 King\u2019s Road, a 26-storey tower in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140831,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-us1-3-billion-northern-metropolis-property-jv-shows-cr-lands-support-for-citys-development-says-chief\/","url_meta":{"origin":164682,"position":3},"title":"Hong Kong\u2019s US$1.3 billion Northern Metropolis property JV shows CR Land\u2019s support for city\u2019s development, says chief","date":"December 27, 2023","format":false,"excerpt":"\r A HK$10 billion property development venture in the city\u2019s Northern Metropolis indicated Beijing-controlled China Resources Land\u2019s support for Hong Kong\u2019s economic development, the chief of the state-backed company said.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s US.3 billion Northern Metropolis property JV shows CR Land\u2019s support\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vankes-wang-shi-joins-cr-land-board-meeting-by-phone\/","url_meta":{"origin":164682,"position":4},"title":"Vanke\u2019s Wang Shi joins CR Land board meeting, by phone","date":"August 26, 2016","format":false,"excerpt":"\r China Vanke chairman Wang Shi has rarely attended board meetings of its second largest shareholder, China Resources Land, in the past.\r \r Source : South China Morning Post\r Read more...Vanke\u2019s Wang Shi joins CR Land board meeting, by phone","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-land-boosts-its-cash-with-sale-of-most-of-stake-in-chengdu-property-for-us1-34-billion\/","url_meta":{"origin":164682,"position":5},"title":"Sino Land boosts its cash with sale of most of stake in Chengdu property for US$1.34 billion","date":"September 7, 2017","format":false,"excerpt":"\r Sino Land has agreed to sell 80 per cent of its mixed property development in the western Chinese city of Chengdu to a Shenzhen-listed firm for HK$10.51 billion (US$1.34 billion), a sale that could help it make new acquisitions. The residential, commercial and hotel project, to be built on\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\/164682"}],"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=164682"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/164682\/revisions"}],"predecessor-version":[{"id":164683,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/164682\/revisions\/164683"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=164682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=164682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=164682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}