Real Estate

China’s Greenland Rating Upgraded After Debt Extension

The real estate company completed a one-year maturity extension on $500 million in senior unsecured notes, prompting S&P to regrade…

12 hours ago

Vanke Chairman Says China Real Estate Has Bottomed Out

Yu Liang's comments helped to drive up the CSI Real Estate Index 6%, while Hong Kong's Hang Seng Mainland Properties…

14 hours ago

China Evergrande Vows to Fight Wind-up Move, Continue Rejig

Evergrande confirmed lawsuit by Top Shine Global in Hong Kong, for not fulfilling a financial obligation of $110 million, but…

2 days ago

China’s Once-Sizzling Property Market has Gone Cold – NYT

Efforts to revive the sector, which could account for up to 30% of GDP, with lower mortgage rates, easier credit,…

4 days ago

Desperate China Developers Take Crops as Down-Payment

Wheat and garlic are being accepted as property down-payments as desperate China developers scramble to boost sales after a plunge…

7 days ago

S&P Downgrades China’s Greenland Over Bond Extension

Ratings agency S&P Global downgraded Greenland to "selective default" on Wednesday after the state-backed property developer extended the maturity of…

1 week ago

Singapore REITS Ripe for Take-Private Deals as Rates Rise

Prospects of a surge in take-private deals come against the backdrop of the industry's damage from the Covid pandemic and…

2 weeks ago

China New Home Prices Fall as Authorities Try to Spur Demand

Among 70 large and medium-sized cities, 46 saw a year-on-year decrease in prices for new homes, up from 39 in April

2 weeks ago

China Property Investments Fall 4% Ahead of Bond Maturities

New construction starts measured by floor area plunged 30.6% in January-May from a year earlier, after a 26.3% fall in…

2 weeks ago

Shanghai Land Sales Yield 33% Rise Despite Covid Slump

Shanghai rebounded after exiting a two-month lockdown, with all of the 36 lots on sale sold in China's biggest city…

3 weeks ago

BlackRock to Manage Project Outside Beijing – Mingtiandi

The US-based asset manager's share of the equity in the venture with Chaintouch China comes from its BlackRock Asia Property…

3 weeks ago

Hong Kong’s New World Issues Social, Green US Dollar Bonds

The five-year $200 million social bond with a coupon rate of 5.875%, and $500m green perpetual bond at a coupon…

3 weeks ago