{"id":49279,"date":"2017-03-23T18:48:02","date_gmt":"2017-03-23T11:48:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-drops-plan-to-sell-hongkou-property-snared-by-chinas-capital-control-rules\/"},"modified":"2017-03-23T18:52:51","modified_gmt":"2017-03-23T11:52:51","slug":"soho-drops-plan-to-sell-hongkou-property-snared-by-chinas-capital-control-rules","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-drops-plan-to-sell-hongkou-property-snared-by-chinas-capital-control-rules\/","title":{"rendered":"Soho drops plan to sell Hongkou property, snared by China\u2019s capital control rules"},"content":{"rendered":"


\nSoho China Ltd, the biggest commercial developer in the Chinese capital, said it\u2019s been forced to abandon its sale of a Shanghai property to a foreign buyer, becoming the latest company to be snared by the country\u2019s capital control regulations.
\nSoho had to drop the sale of Soho Hongkou, an office-and-commercial project with 950,000 square metres of usable space in Shanghai, according to the company\u2019s founder and chairman Pan Shiyi.
\n\u201cI wrote a letter to the buyers to…
\n
\nSource : South China Morning Post
\nRead more…Soho drops plan to sell Hongkou property, snared by China\u2019s capital control rules<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Soho China Ltd, the biggest commercial developer in the Chinese capital, said it\u2019s been forced...<\/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-49279","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-cOP","jetpack-related-posts":[{"id":58980,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-sells-shanghai-project-to-singapores-keppel-group-for-us522m\/","url_meta":{"origin":49279,"position":0},"title":"Soho China sells Shanghai project to Singapore\u2019s Keppel Group for US$522m","date":"June 26, 2017","format":false,"excerpt":"\r Soho China, the biggest commercial developer in the Chinese capital, said on Monday it has sold a Shanghai office-commercial project for 3.57 billion yuan (US$522 million), three months after an attempt to sell the same property failed because of Beijing\u2019s tighter capital controls. Hongkou Soho was sold to Keppel\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-office-developer-soho-chinas-disappointing-earnings-in-first-half-leads-to-stock-sell-off\/","url_meta":{"origin":49279,"position":1},"title":"Mainland office developer Soho China\u2019s disappointing earnings in first half leads to stock sell-off","date":"August 17, 2018","format":false,"excerpt":"\r Investors showed their disappointment with Soho China\u2019s results for the first half by selling the stock. Excluding the one-off disposal gains on its Sky Soho office project in Shanghai, Soho China, one of China\u2019s largest commercial developers, recorded a core net loss of 3 million yuan (US$436,000) compared to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69874,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-offloads-iconic-shanghai-complex-for-us750m-including-debt\/","url_meta":{"origin":49279,"position":2},"title":"Soho China offloads iconic Shanghai complex for US$750m, including debt","date":"October 24, 2017","format":false,"excerpt":"\r Soho China, one of the country\u2019s largest office landlords owned billionaire Pan Shiyi and his wife, has agreed to sell a flagship Shanghai complex for 5 billion yuan (US$750 million) to Hong Kong\u2019s Gaw Capital Partners \u2013 its second major disposal in the city in four months. Considered one\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sale-of-shanghais-soho-century-plaza-underlines-ongoing-move-towards-asset-light-model\/","url_meta":{"origin":49279,"position":3},"title":"Sale of Shanghai\u2019s Soho Century Plaza underlines ongoing move towards \u2018asset-light\u2019 model","date":"August 2, 2016","format":false,"excerpt":"\r Soho China\u2019s recent 3.2 billion yuan sale of a prime office building in Shanghai delivered strong yield, and underlined why investors remain bullish on the city\u2019s commercial property market.\r \r Source : South China Morning Post\r Read more...Sale of Shanghai\u2019s Soho Century Plaza underlines ongoing move towards \u2018asset-light\u2019 model","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23191,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-to-sell-three-more-non-core-sites-all-in-shanghai\/","url_meta":{"origin":49279,"position":4},"title":"Soho China to sell three more non-core sites, all in Shanghai","date":"August 17, 2016","format":false,"excerpt":"\r Commercial real estate firm Soho China plans to sell another two to three non-core properties to cash in on the rising market, as it continues to focus its attention more on securing recurring rental income in first-tier cities.\r \r Source : South China Morning Post\r Read more...Soho China to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7210,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-to-sell-shanghai-office-building-after-posting-87-per-cent-decline-in-profit\/","url_meta":{"origin":49279,"position":5},"title":"Soho China to sell Shanghai office building after posting 87 per cent decline in profit","date":"March 8, 2016","format":false,"excerpt":"\r Commercial property giant Soho China plans to sell an office building in Shanghai to make quick cash from the city\u2019s red-hot real estate market after posting a 87 per cent decline in net profit last year.\r \r Source : South China Morning Post\r Read more...Soho China to sell Shanghai\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\/49279"}],"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=49279"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49279\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=49279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=49279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=49279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}