{"id":73910,"date":"2017-12-07T11:42:02","date_gmt":"2017-12-07T04:42:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cofcos-joy-city-steps-up-mall-expansion-plan-in-china-with-singapores-gic-and-china-life\/"},"modified":"2017-12-07T12:03:36","modified_gmt":"2017-12-07T05:03:36","slug":"cofcos-joy-city-steps-up-mall-expansion-plan-in-china-with-singapores-gic-and-china-life","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cofcos-joy-city-steps-up-mall-expansion-plan-in-china-with-singapores-gic-and-china-life\/","title":{"rendered":"Cofco\u2019s Joy City steps up mall expansion plan in China with Singapore\u2019s GIC and China Life"},"content":{"rendered":"


\nJoy City, the Hong Kong-listed commercial property arm of state-owned conglomerate Cofco, plans to leverage its funds to reach its new goal of operating 100 malls within 10 years, a highly ambitious target considering that it planned to own only 20 malls by 2020.
\nZhou Zheng, chairman of Joy City Property, told the South China Morning Post on the sidelines of the company\u2019s tenth anniversary celebrations that it would use its 11.4 billion yuan (US$1.73 billion) fund set up in August with…
\n
\nSource : South China Morning Post
\nRead more…Cofco\u2019s Joy City steps up mall expansion plan in China with Singapore\u2019s GIC and China Life<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Joy City, the Hong Kong-listed commercial property arm of state-owned conglomerate Cofco, plans to leverage...<\/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-73910","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-je6","jetpack-related-posts":[{"id":123870,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-us744-billion-sovereign-wealth-fund-gic-is-considering-investments-in-chinese-property-assets\/","url_meta":{"origin":73910,"position":0},"title":"Singapore\u2019s US$744 billion sovereign wealth fund GIC is considering investments in Chinese property assets","date":"December 17, 2021","format":false,"excerpt":"\r Singapore\u2019s US$744 billion sovereign wealth fund sees potential opportunities to do deals and buy debt in China\u2019s battered real estate sector, confident Beijing won\u2019t let things \u201cspiral out of control\u201d following several defaults.\u201cWe continue to have confidence that it is a good investment market for us,\u201d said Lim Chow-Kiat,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-sovereign-wealth-fund-gic-and-chinese-mall-operator-grandjoy-to-kick-off-chinas-first-listed-real-estate-trust\/","url_meta":{"origin":73910,"position":1},"title":"Singapore\u2019s sovereign wealth fund GIC and Chinese mall operator Grandjoy to kick off China\u2019s first listed real estate trust","date":"April 19, 2019","format":false,"excerpt":"\r Singaporean sovereign wealth fund GIC and its long-term Chinese ally, the mall operator Grandjoy Holdings Group, have been selected for a pilot programme that will allow individual Chinese investors to buy shares in rent-yielding properties for the first time.Grandjoy, the property arm of state-owned conglomerate Cofco, was picked by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-led-consortium-buys-20-malls-from-singapores-capitaland-for-us1-29-billion\/","url_meta":{"origin":73910,"position":2},"title":"China Vanke-led consortium buys 20 malls from Singapore\u2019s CapitaLand for US$1.29 billion","date":"January 5, 2018","format":false,"excerpt":"\r China Vanke, one of China\u2019s largest developers, its commercial property unit SCPG Commercial Real Estate and private equity company Hopu Investment Management have teamed up to acquire 20 shopping malls across China from Singapore\u2019s CapitaLand. The deal for the malls is worth 8.36 billion yuan (US$1.29 billion), the buyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78425,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-overseas-property-investment-soared-40-in-2017\/","url_meta":{"origin":73910,"position":3},"title":"Singapore\u2019s overseas property investment soared 40% in 2017","date":"January 30, 2018","format":false,"excerpt":"\r Singapore\u2019s overseas real estate investment surged by around 40 percent to a record US$28.4 billion (S$37.2 billion) in 2017, making it the fifth-biggest source of capital globally, after the US, Hong Kong, China and France, reported Business Times. The city-state has also become the biggest Asian investor in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46163,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapores-gic-targets-stake-in-dlfs-rental-unit\/","url_meta":{"origin":73910,"position":4},"title":"Singapore\u2019s GIC targets stake in DLF\u2019s rental unit","date":"March 2, 2017","format":false,"excerpt":"\r Move would represent latest big foreign bet on India\u2019s real estate market\r \r Source : ft.com\r Read more...Singapore\u2019s GIC targets stake in DLF\u2019s rental unit","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cofcos-joy-city-adopts-asset-light-approach-to-china-shopping-mall-growth\/","url_meta":{"origin":73910,"position":5},"title":"Cofco\u2019s Joy City adopts asset light approach to China shopping mall growth","date":"July 12, 2016","format":false,"excerpt":"\r Joy City, the Hong Kong-listed commercial property arm of Cofco, mainland China\u2019s biggest food supplier, has continued to expand at a steady pace, successfully opening seven malls in nearly a decade, despite increasing competition.\r \r Source : South China Morning Post\r Read more...Cofco\u2019s Joy City adopts asset light approach\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\/73910"}],"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=73910"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/73910\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=73910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=73910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=73910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}