{"id":47745,"date":"2017-03-12T15:38:24","date_gmt":"2017-03-12T08:38:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-in-talks-to-sell-half-its-ruihong-project-in-shanghai\/"},"modified":"2017-03-12T15:54:09","modified_gmt":"2017-03-12T08:54:09","slug":"shui-on-in-talks-to-sell-half-its-ruihong-project-in-shanghai","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-in-talks-to-sell-half-its-ruihong-project-in-shanghai\/","title":{"rendered":"Shui On in talks to sell half its Ruihong project in Shanghai"},"content":{"rendered":"


\nShui On Land, the developer that pioneered China\u2019s heritage landmarks with its Shanghai Xintiandi project, is in talks to sell up to half of the latest development of its Ruihong Xincheng mixed development to pare down its debt.
\nA memorandum of understanding has been signed with a buyer for 50 per cent of Shui On\u2019s four Ruihong sites for an estimated 8 billion yuan (US$1.16 billion), according to two people familiar with the matter. China Vanke Co., the country\u2019s second-…
\n
\nSource : South China Morning Post
\nRead more…Shui On in talks to sell half its Ruihong project in Shanghai<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shui On Land, the developer that pioneered China\u2019s heritage landmarks with its Shanghai Xintiandi project,...<\/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-47745","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-cq5","jetpack-related-posts":[{"id":74944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-sells-prime-shanghai-property-projects-to-china-life-for-4-billion-yuan\/","url_meta":{"origin":47745,"position":0},"title":"Shui On sells prime Shanghai property projects to China Life for 4 billion yuan","date":"December 20, 2017","format":false,"excerpt":"\r Shui On Land has struck a deal to sell almost half its stake in a portfolio of prime Shanghai property projects to China Life Insurance for 4.16 billion yuan (US$630 million), its latest move to pursue an \u201casset-light strategy\u201d. The sale is expected to generate a gain of 1.2\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-consortium-wins-prime-shanghai-site-for-us2-billion-in-government-tender\/","url_meta":{"origin":47745,"position":1},"title":"Shui On consortium wins prime Shanghai site for US$2 billion in government tender","date":"July 5, 2018","format":false,"excerpt":"\r A consortium led by Shui On Land has won a prime commercial plot in Shanghai in a government tender for 13.6 billion yuan (US$2.08 billion), a mere 0.1 per cent higher than the starting price. The tender only drew two bidders at the final stage of the bidding because\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-to-sell-assets-to-pare-debt-explore-new-revenue-sources\/","url_meta":{"origin":47745,"position":2},"title":"Shui On to sell assets to pare debt, explore new revenue sources","date":"March 7, 2017","format":false,"excerpt":"\r Shui On Land Ltd, the pioneer developer of China\u2019s heritage landmarks, said it will continue to sell commercial assets and explore new revenue sources like its property management service to pay down debt. The developer of the Shanghai Xintiandi, which is already replicating the heritage enclaves in Wuhan and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112486,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-raises-stake-in-shanghai-growth-prospects-after-winning-two-prime-sites-in-state-auctions\/","url_meta":{"origin":47745,"position":3},"title":"Shui On Land raises stake in Shanghai growth prospects after winning two prime sites in state auctions","date":"November 20, 2019","format":false,"excerpt":"\r Shui On Land is planning to take on more urban redevelopment projects in Shanghai after winning two prime sites at state land auctions in the past three weeks, making the city its next source of earnings growth.The builder paid 1.86 billion yuan for a piece of 15,258 square metre\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-set-to-smash-shanghai-property-price-record-with-latest-units-in-xintiandi-expected-to-fetch-300000-yuansq-m\/","url_meta":{"origin":47745,"position":4},"title":"Shui On set to smash Shanghai property price record with latest units in Xintiandi expected to fetch 300,000 yuan\/sq m","date":"October 11, 2016","format":false,"excerpt":"\r Shui On Land\u2019s soon-to-be released Lakeville Luxe residential development in Xintiandi, Shanghai\u2019s bar and shopping district, could set record-breaking prices for the city, just as a new round of cooling measures are introduced to curb price growth. The priciest unit in the upcoming batch of 50 units at Tower\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-revamps-xintiandi-plaza-as-it-looks-to-become-the-go-to-destination-for-female-shoppers-in-shanghai\/","url_meta":{"origin":47745,"position":5},"title":"Shui On revamps Xintiandi Plaza as it looks to become the go-to destination for female shoppers in Shanghai","date":"June 4, 2019","format":false,"excerpt":"\r Shui On Land, the mainland-focused developer known for its expertise in large-scale urban renewal projects, has carved a niche for itself in China\u2019s ultra competitive retailing sector by launching the mainland\u2019s first shopping centre dedicated to women in Shanghai.Located in the heart of downtown Shanghai, in Huaihai Road, Xintiandi\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\/47745"}],"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=47745"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/47745\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=47745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=47745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=47745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}