{"id":93467,"date":"2018-07-05T19:51:02","date_gmt":"2018-07-05T12:51:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-consortium-wins-prime-shanghai-site-for-us2-billion-in-government-tender\/"},"modified":"2018-07-09T11:04:26","modified_gmt":"2018-07-09T04:04:26","slug":"shui-on-consortium-wins-prime-shanghai-site-for-us2-billion-in-government-tender","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-consortium-wins-prime-shanghai-site-for-us2-billion-in-government-tender\/","title":{"rendered":"Shui On consortium wins prime Shanghai site for US$2 billion in government tender"},"content":{"rendered":"


\nA 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.
\nThe tender only drew two bidders at the final stage of the bidding because of the tough development requirements and the massive capital investment needed for the site, which was offered for 13.58 billion yuan.
\nThe Hong Kong-listed developer\u2019s partners in acquiring the lot on one of Shanghai\u2019s…
\n
\nSource : South China Morning Post
\nRead more…Shui On consortium wins prime Shanghai site for US billion in government tender<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A consortium led by Shui On Land has won a prime commercial plot in Shanghai...<\/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-93467","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-ojx","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":93467,"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":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":93467,"position":1},"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":47745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-in-talks-to-sell-half-its-ruihong-project-in-shanghai\/","url_meta":{"origin":93467,"position":2},"title":"Shui On in talks to sell half its Ruihong project in Shanghai","date":"March 12, 2017","format":false,"excerpt":"\r Shui 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. A memorandum of understanding has been signed with a buyer for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-cashes-in-on-opportunity-to-build-land-bank-in-china-amid-depressed-buying-sentiment\/","url_meta":{"origin":93467,"position":3},"title":"Shui On Land cashes in on opportunity to build land bank in China amid depressed buying sentiment","date":"December 22, 2021","format":false,"excerpt":"\r Cash-rich Hong Kong companies are increasingly snapping up prime land on the mainland, which used to be few and far between until recently, as their Chinese rivals weighed down by debtavoid taking part in land sales.Shui On Land, the flagship property company of the Hong Kong-based Shui On Group,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-shares-notch-biggest-weekly-gain-after-profit-beat-forecast-even-if-outlook-is-modest\/","url_meta":{"origin":93467,"position":4},"title":"Shui On shares notch biggest weekly gain after profit beat forecast, even if outlook is modest","date":"March 22, 2018","format":false,"excerpt":"\r Shares of Shui On Land, the Hong Kong developer that owns the landmark Shanghai shopping and entertainment district Xintiandi, jumped by their most in a week, after its 2017 profit and sales revenue beat forecasts. Net profit under general accounting rules more than doubled to 2.24 billion yuan, while\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-developer-shui-on-reports-drop-in-earnings-for-2018-and-slashes-sales-target-for-this-year\/","url_meta":{"origin":93467,"position":5},"title":"Hong Kong-listed developer Shui On reports drop in earnings for 2018 and slashes sales target for this year","date":"March 21, 2019","format":false,"excerpt":"\r Hong Kong-listed property developer Shui On Land reported on Wednesday that its core earnings had dropped by 3 per cent to 3.06 billion yuan (US$457.09 million) for the year ending December 31, 2018.The company, which has the second-largest commercial property portfolio in Shanghai, said its revenue had jumped by\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\/93467"}],"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=93467"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93467\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}