{"id":43329,"date":"2017-02-08T14:02:48","date_gmt":"2017-02-08T07:02:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/citic-buys-wuhan-land-for-9-92-billion-yuan\/"},"modified":"2017-02-08T14:14:52","modified_gmt":"2017-02-08T07:14:52","slug":"citic-buys-wuhan-land-for-9-92-billion-yuan","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/citic-buys-wuhan-land-for-9-92-billion-yuan\/","title":{"rendered":"Citic buys Wuhan land for 9.92 billion yuan"},"content":{"rendered":"


\nCitic Pacific China, the property unit of the country\u2019s largest state-owned conglomerate, has paid 9.92 billion yuan (HK$11.18 billion) to buy a piece of land in the Hubei provincial capital of Wuhan, returning to building apartments, a year after disposing of its residential property portfolio to a rival.
\nCitic\u2019s Wuhan land parcel, located northeast of the city\u2019s central business district on the western bank of the Yangtze river, has a total area of 229,040 square metres (2….
\n
\nSource : South China Morning Post
\nRead more…Citic buys Wuhan land for 9.92 billion yuan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Citic Pacific China, the property unit of the country\u2019s largest state-owned conglomerate, has paid 9.92...<\/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-43329","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-bgR","jetpack-related-posts":[{"id":7870,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-conglomerate-citic-swaps-residential-properties-for-china-overseas-shares-and-commerical-projects\/","url_meta":{"origin":43329,"position":0},"title":"Chinese conglomerate Citic swaps residential properties for China Overseas\u2019 shares and commerical projects","date":"March 14, 2016","format":false,"excerpt":"\r Citic, China\u2019s largest state-backed conglomerate, will sell around 31 billion yuan worth of mainland residential property projects to China Overseas Land & Investment in exchange for a 10 per stake in the property giant and 6.15 billion yuan of the latter\u2019s commercial\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114371,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wuhan-belatedly-halts-29-billion-yuan-worth-of-land-sales-citing-virus-outbreak\/","url_meta":{"origin":43329,"position":1},"title":"Wuhan belatedly halts 29 billion yuan worth of land sales citing virus outbreak","date":"February 19, 2020","format":false,"excerpt":"\r Wuhan, the Chinese city at the centre of the coronavirus epidemic, has suspended several land auctions worth about 29 billion yuan (US$4.1 billion) a day before the bidding deadline, citing \u201cvirus outbreak\u201d for the move.\r\rThe Wuhan Natural Resources and Planning Bureau on Tuesday halted the sale of 10 plots\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landsea-green-properties-and-citic-capital-to-cooperate-on-urban-renewal-investment-management\/","url_meta":{"origin":43329,"position":2},"title":"Landsea Green Properties and Citic Capital to cooperate on urban renewal investment management","date":"September 9, 2016","format":false,"excerpt":"\r Landsea Green Properties and Citic Capital Holdings will come together in a strategic cooperation to establish a platform for investment management of urban renewal properties in China at a budget of 20 billion yuan.\r \r Source : South China Morning Post\r Read more...Landsea Green Properties and Citic Capital to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-city-land-sales-surge-73-per-cent-despite-cooling-measures\/","url_meta":{"origin":43329,"position":3},"title":"China\u2019s city land sales surge 73 per cent despite cooling measures","date":"March 7, 2017","format":false,"excerpt":"\r China\u2019s land sales in 50 major cities surged 73 per cent in the first two months of 2017 despite a raft of measures rolled out in a bid to cool the red-hot property market. Fifty city governments received a total of 452.8 billion yuan (US$65.6 billion) from land auctions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-spending-binge-on-land-acquisitions-unabated-as-it-triples-to-us228-billion-from-five-years-ago\/","url_meta":{"origin":43329,"position":4},"title":"Chinese developers\u2019 spending binge on land acquisitions unabated as it triples to US$228 billion from five years ago","date":"December 2, 2020","format":false,"excerpt":"\r China\u2019s top 20 developers have tripled their spending on land acquisitions in the first nine months of this year compared to five years ago, with most of it focused on \u201cnew first tier\u201d cities such as Wuhan, according to a report from a leading research firm.The top players including\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-cashes-in-on-opportunity-to-build-land-bank-in-china-amid-depressed-buying-sentiment\/","url_meta":{"origin":43329,"position":5},"title":"Shui On Land cashes in on opportunity to build land bank in China amid depressed buying sentiment","date":"December 22, 2021","format":false,"excerpt":"\r Cash-rich Hong Kong companies are increasingly snapping up prime land on the mainland, which used to be few and far between until recently, as their Chinese rivals weighed down by debtavoid taking part in land sales.Shui On Land, the flagship property company of the Hong Kong-based Shui On 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\/43329"}],"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=43329"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43329\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=43329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=43329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=43329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}