{"id":46437,"date":"2017-03-03T22:49:51","date_gmt":"2017-03-03T15:49:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cc-land-expects-to-tumble-into-the-red\/"},"modified":"2017-03-03T23:29:30","modified_gmt":"2017-03-03T16:29:30","slug":"cc-land-expects-to-tumble-into-the-red","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cc-land-expects-to-tumble-into-the-red\/","title":{"rendered":"CC Land expects to tumble into the red"},"content":{"rendered":"<p>&#013;<br \/>\nChinese property developer CC Land Holdings, the new owner of London\u2019s landmark building \u201cCheesegrater\u201d, says it expects to incur a loss for last year.<br \/>\nThe company said in a filing to the Hong Kong stock exchange on Friday it expected to report a net loss of HK$385 million (US$49.6 million), compared to a profit of HK$1.4 billion for 2015.<br \/>\nThe developer, based in Chongqing, said the losses were due to significant drops in recognised revenue and disposal gains.<br \/>\nOn Wednesday, CC&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/companies\/article\/2075925\/cc-land-expects-tumble-red\" target=\"_blank\">CC Land expects to tumble into the red<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chinese property developer CC Land Holdings, the new owner of London\u2019s landmark building \u201cCheesegrater\u201d, says&#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-46437","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-c4Z","jetpack-related-posts":[{"id":48132,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cc-land-shares-tumble-after-unveiling-hk2-6b-rights-issue-after-london-property-acquisition\/","url_meta":{"origin":46437,"position":0},"title":"CC Land shares tumble after unveiling HK$2.6b rights issue after London property acquisition","date":"March 15, 2017","format":false,"excerpt":"\r Shares of Chinese property developer CC Land Holdings slumped nearly 9 per cent on Wednesday after it announced plans to raise HK$2.6 billion (US$335 million) through a rights issue. At midday in Hong Kong the stock was quoted at HK$2.06 , 8.9 per cent belows its previous closing level,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cc-land-sets-up-in-mayfair-with-eye-on-london-property\/","url_meta":{"origin":46437,"position":1},"title":"CC Land sets up in Mayfair with eye on London property","date":"July 18, 2017","format":false,"excerpt":"\r HK-listed group says Chinese interest in capital will continue amid sterling\u2019s fall\r \r Source : ft.com\r Read more...CC Land sets up in Mayfair with eye on London property","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64792,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheesegrater-owner-cc-land-says-london-better-value-than-hong-kong\/","url_meta":{"origin":46437,"position":2},"title":"\u2018Cheesegrater\u2019 owner CC Land says London better value than Hong Kong","date":"August 28, 2017","format":false,"excerpt":"\r CC Land, the Hong Kong property developer that made headlines earlier in the year for its acquisition of London\u2019s landmark \u201cCheesegrater\u201d skyscraper, is keen on snapping up more property in Britain, where targets have become \u201cmuch more affordable\u201d compared with Hong Kong, says its deputy chairman. The company has\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104513,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sino-land-reports-half-year-profit-of-hk2-37-billion-expects-improved-sales-in-second-half\/","url_meta":{"origin":46437,"position":3},"title":"Hong Kong\u2019s Sino Land reports half-year profit of HK$2.37 billion, expects improved sales in second half","date":"February 28, 2019","format":false,"excerpt":"\r Hong Kong property developer Sino Land reported a 73 per cent drop in underlying net profit attributable to shareholders for the July to December period, with the decline attributed to distortions created by one-off asset disposals in the year earlier period.Underlying profit, excluding the revaluation gains on investment property,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cc-land-and-meyer-bergman-invest-in-1-25bn-london-property\/","url_meta":{"origin":46437,"position":4},"title":"CC Land and Meyer Bergman invest in \u00a31.25bn London property","date":"December 21, 2019","format":false,"excerpt":"\r Cheesegrater-owner teams up with Apollo in redevelopment of Whiteleys shopping cente\r \r Source : ft.com\r Read more...CC Land and Meyer Bergman invest in \u00a31.25bn London property","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-capital-pours-into-london-offices-as-cc-land-closes-on-cheesegrater-purchase\/","url_meta":{"origin":46437,"position":5},"title":"Chinese capital pours into London offices as CC Land closes on Cheesegrater purchase","date":"March 1, 2017","format":false,"excerpt":"\r A real estate company controlled by Chinese tycoon Cheung Chung-kiu confirmed it is seeking to buy the Leadenhall Building in London, the Square Mile\u2019s tallesttower and known as the \u201cCheesegrater\u201d. Chongqin-based CC Land Holdings said it was \u201cin advanced discussions with respect to the potential acquisition of the Leadenhall\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\/46437"}],"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=46437"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/46437\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=46437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=46437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=46437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}