{"id":164800,"date":"2010-01-11T07:04:00","date_gmt":"2010-01-11T12:04:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/lloyd-blankfein-looks-to-cash-in-on-chinas-real-estate-rebound-2010-1"},"modified":"2010-01-11T07:04:00","modified_gmt":"2010-01-11T12:04:00","slug":"look-out-goldman-sachs-is-now-dumping-shanghai-property-gs","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/164800","title":{"rendered":"Look Out: Goldman Sachs Is Now Dumping Shanghai Property (GS)"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b44af9100000000008147d1\" border=\"0\" alt=\"shanghai-china-CGI\" \/><\/p>\n<p>Goldman might sell a piece of high end residential property to a Chinese real estate developer.<\/p>\n<p>The market is widely believed to be in bubble territory, so it&#8217;s notable that Goldman is now on the selling side of the equation<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/reuters\/2010\/01\/10\/business\/business-us-forte-goldman.html?_r=1&amp;dbk\">Reuters reports:<\/a><\/p>\n<p style=\"padding-left: 30px;\">Chinese property developer Shanghai Forte Land Co Ltd is in talks to buy a high-end residential property in Shanghai from Goldman Sachs in a deal worth more than $200 million, two people familiar with the situation said.<\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\">Goldman bought the residential complex of villas and serviced apartments in 2007 for $190 million, according to real estate agency CB Richard Ellis.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/reuters\/2010\/01\/10\/business\/business-us-forte-goldman.html?_r=1&amp;dbk\">Read more &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/lloyd-blankfein-looks-to-cash-in-on-chinas-real-estate-rebound-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/2010-will-be-the-year-of-china-and-not-in-a-good-way-2010-1\">2010 Will Be The Year Of China &#8212; And Not In A Good Way<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/a-complete-guide-to-2010-predictions-in-60-seconds-2009-12\">The 60-Second Guide To Everything You Need To Know About Oil, Gold, Bonds, China, And Stocks In 2010<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-next-real-estate-bust-2010-1\">Here Comes The Next Real-Estate Bust<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/7LH7L9zdfws\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goldman might sell a piece of high end residential property to a Chinese real estate developer. The market is widely believed to be in bubble territory, so it&#8217;s notable that Goldman is now on the selling side of the equation Reuters reports: Chinese property developer Shanghai Forte Land Co Ltd is in talks to buy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-164800","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/164800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=164800"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/164800\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=164800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=164800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=164800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}