{"id":172890,"date":"2026-11-05T06:00:14","date_gmt":"2026-11-04T23:00:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-shanghai-project-smooth-indebted-new-worlds-path-to-cash\/"},"modified":"2026-11-05T06:08:24","modified_gmt":"2026-11-04T23:08:24","slug":"could-shanghai-project-smooth-indebted-new-worlds-path-to-cash","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-shanghai-project-smooth-indebted-new-worlds-path-to-cash\/","title":{"rendered":"Could Shanghai project smooth indebted New World\u2019s path to cash?"},"content":{"rendered":"<p>&#013;<br \/>\nNew World Development\u2019s recent announcement that its Shanghai K11 Elysea office project has reached an occupancy rate of about 80 per cent may pave the way for the indebted group\u2019s next securitisation exercise, analysts say, adding that it could generate 100 million yuan (US$15 million) in annual net operating income.<br \/>\nThe company said on Tuesday that new tenants, including luxury brands Hermes and Rolex, were preparing to move into the project\u2019s office component on Huaihai Middle Road. Others&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3373251\/could-shanghai-project-smooth-indebted-new-worlds-path-cash\" target=\"_blank\" rel=\"noopener\">Could Shanghai project smooth indebted New World\u2019s path to cash?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New World Development\u2019s recent announcement that its Shanghai K11 Elysea office project has reached an&#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-172890","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-IYy","jetpack-related-posts":[{"id":135127,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heavily-indebted-chinese-developer-cifi-looks-to-offload-prized-shanghai-commercial-property-assets-after-1-5-billion-yuan-bond-fails-to-take-off\/","url_meta":{"origin":172890,"position":0},"title":"Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion yuan bond fails to take off","date":"March 9, 2023","format":false,"excerpt":"\r Chinese property developer CIFI Holdings is looking to sell its crown-jewel assets in Shanghai, including its headquarters, after its state-guaranteed yuan bond issuance hit a snag.\r \r Source : South China Morning Post\r Read more...Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nine-bonds-of-evergrandes-flagship-go-on-restricted-trading-after-ratings-cut-in-latest-woe-to-befall-indebted-developer\/","url_meta":{"origin":172890,"position":1},"title":"Nine bonds of Evergrande\u2019s flagship go on restricted trading after ratings cut in latest woe to befall indebted developer","date":"September 16, 2021","format":false,"excerpt":"\r Trading restrictions were placed on nine onshore bonds sold by China Evergrande Group\u2019s flagship property unit, after a local credit rating agency slashed the debts\u2019 creditworthiness, deepening the woes for the world\u2019s most indebted real estate developer.Three yuan-denominated bonds valued at 28.2 billion yuan (US$4.4 billion) issued by Evergrande\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143715,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-chinese-developer-zhenro-asks-to-delay-restructuring-amid-strained-conditions-ping-an-units-lawsuit-threat\/","url_meta":{"origin":172890,"position":2},"title":"Indebted Chinese developer Zhenro asks to delay restructuring amid \u2018strained\u2019 conditions, Ping An unit\u2019s lawsuit threat","date":"April 12, 2024","format":false,"excerpt":"\r Shanghai-based developer, facing 61.86 billion yuan (US$8.5 billion) in debts, says it needs more time to consider restructuring plan amid slumping sales and slow asset disposal as the property market crisis grinds on.\r \r Source : South China Morning Post\r Read more...Indebted Chinese developer Zhenro asks to delay restructuring\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142262,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-real-estate-link-reit-to-fully-acquire-shanghai-mall-from-vanke-for-us331-million\/","url_meta":{"origin":172890,"position":3},"title":"China real estate: Link Reit to fully acquire Shanghai mall from Vanke for US$331 million","date":"February 9, 2024","format":false,"excerpt":"\r Link Reit, which bought a 50 per cent interest in Qibao Vanke Plaza in April 2021, plans to acquire the remaining 50 per cent stake from the indebted Chinese developer.\r \r Source : South China Morning Post\r Read more...China real estate: Link Reit to fully acquire Shanghai mall from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118875,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-30-per-cent-discounts-get-worlds-most-indebted-developer-within-sight-of-sales-goal-allay-cash-crunch-fears\/","url_meta":{"origin":172890,"position":4},"title":"China Evergrande\u2019s 30-per cent discounts get world\u2019s most indebted developer within sight of sales goal, allay cash crunch fears","date":"October 9, 2020","format":false,"excerpt":"\r China Evergrande Group said a nationwide marketing campaign comprising 30-per cent discounts has brought it closer to hitting its ambitious full-year sales goal, as the world\u2019s most indebted property developer pulls out all stops to generate cash to repay debt.The Guangzhou-based developer sold 141.63 billion yuan (US$21.1 billion) of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-halts-trading-of-its-stock-and-subsidiaries-rising-expectations-of-an-overhaul-in-the-worlds-most-indebted-developer\/","url_meta":{"origin":172890,"position":5},"title":"Evergrande halts trading of its stock and subsidiaries, rising expectations of an overhaul in the world\u2019s most indebted developer","date":"March 21, 2022","format":false,"excerpt":"\r Trading was halted for the shares of China Evergrande Group and two of its units on the Hong Kong stock exchange on Monday, raising expectations of an impending announcement in the restructuring of the world\u2019s most indebted property developer.Evergrande\u2019s shares were halted along with the stock of the Evergrande\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\/172890"}],"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=172890"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172890\/revisions"}],"predecessor-version":[{"id":172891,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172890\/revisions\/172891"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}