{"id":75822,"date":"2018-01-05T12:59:46","date_gmt":"2018-01-05T05:59:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-led-consortium-buys-20-malls-from-singapores-capitaland-for-us1-29-billion\/"},"modified":"2018-01-05T14:04:33","modified_gmt":"2018-01-05T07:04:33","slug":"china-vanke-led-consortium-buys-20-malls-from-singapores-capitaland-for-us1-29-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-led-consortium-buys-20-malls-from-singapores-capitaland-for-us1-29-billion\/","title":{"rendered":"China Vanke-led consortium buys 20 malls from Singapore\u2019s CapitaLand for US$1.29 billion"},"content":{"rendered":"


\nChina 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.
\nThe deal for the malls is worth 8.36 billion yuan (US$1.29 billion), the buyers said on Friday, pending approval from Chinese regulators. The malls, with a combined area of 950,000 square metres, are located in 19 tier one, two and three…
\n
\nSource : South China Morning Post
\nRead more…China Vanke-led consortium buys 20 malls from Singapore\u2019s CapitaLand for US.29 billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Vanke, one of China\u2019s largest developers, its commercial property unit SCPG Commercial Real Estate...<\/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-75822","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-jIW","jetpack-related-posts":[{"id":113801,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-to-create-asia-pacifics-third-largest-reit-with-us6-2-billion-merger-of-singapore-office-and-shopping-mall-trusts\/","url_meta":{"origin":75822,"position":0},"title":"CapitaLand to create Asia-Pacific\u2019s third largest REIT with US$6.2 billion merger of Singapore office and shopping mall trusts","date":"January 22, 2020","format":false,"excerpt":"\r CapitaLand Mall Trust and CapitaLand Commercial Trust plan to merge their holdings in shopping malls and offices in Singapore and Germany to create the third largest real estate investment trust by market value in Asia-Pacific.\r\rCapitaLand Mall Trust will buy all CapitaLand Commercial Trust units by stock, cash and fees\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118120,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-profit-drops-89-in-1h-2020\/","url_meta":{"origin":75822,"position":1},"title":"CapitaLand profit drops 89% in 1H 2020","date":"August 7, 2020","format":false,"excerpt":"\r With COVID-19 pandemic adversely affecting its financial performance, CapitaLand Limited\u2019s profit after tax and minority interest (PATMI) plunged 89%, to $96.6 million in the first half of 2020 from $875.4 million over the same period last year. Operating PATMI also declined 27.7% year-on-year to $261.2 million.\u00a0 In an SGX\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97018,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-buys-landed-housing-site-in-vietnam-for-s81-4mil\/","url_meta":{"origin":75822,"position":2},"title":"CapitaLand buys landed housing site in Vietnam for S$81.4mil","date":"August 31, 2018","format":false,"excerpt":"\r CapitaLand is buying a prime site in Ho Chi Minh City for VND1,380 billion (approx. S$81.4 million), with the 60,000 sq m land parcel expected to contain over 100 landed housing when the development is completed by 2021. This marks the Singapore-listed property developer\u2019s third acquisition in August 2018\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-profit-up-28-1-in-q3\/","url_meta":{"origin":75822,"position":3},"title":"CapitaLand profit up 28.1% in Q3","date":"November 8, 2017","format":false,"excerpt":"\r Funan Mall redevelopment that cost $560m, targeted to be completed in Q4 of 2019. (Photo: Capitaland) CapitaLand saw its net profit for the third quarter of 2017 increase 28.1 percent to $317 million from $247.5 million over the same period last year. It attributed the hike primarily to fair\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120774,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/insurer-ping-an-to-acquire-stakes-in-six-raffles-city-properties-from-singapores-capitaland-in-deal-worth-up-to-us5-1-billion\/","url_meta":{"origin":75822,"position":4},"title":"Insurer Ping An to acquire stakes in six Raffles City properties from Singapore\u2019s CapitaLand in deal worth up to US$5.1 billion","date":"June 30, 2021","format":false,"excerpt":"\r Ping An Insurance (Group), China\u2019s largest insurer by market capitalisation, plans to acquire stakes in six Raffles City retail and office developments in China from Singapore\u2019s CapitaLand for up to 33 billion yuan (US$5.1 billion).Ping An Life Insurance Company of China, a unit of Ping An, said it will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33711,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capitaland-q3-net-profit-up-28-to-247-5-million\/","url_meta":{"origin":75822,"position":5},"title":"CapitaLand Q3 net profit up 28% to $247.5 million","date":"November 10, 2016","format":false,"excerpt":"\r Earnings grew on higher contributions from its residential business in China and Singapore. (Photo: CapitaLand) Property developer CapitaLand posted a total net profit of $247.5 million in the third quarter of 2016, up 28.4 percent from $192.7 million in the previous year, on the back of better operating performance.\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\/75822"}],"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=75822"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75822\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}