Shimao has put all its projects on sale, local media reported, as Chinese property developers face mounting pressure to negotiate with their creditors to ease a liquidity squeeze in the sector that is …
PROPERTY
China aims to accelerate M&A among debt-ridden real estate firms to address risks
The People’s Government of South China’s Guangdong Province has held meetings with a number of property enterprises, likely paving the way for state-owned real estate enterprises to carry out merger …
In the Era of the Boom of the Property Management Industry, Desun Services Adopts a Differentiated Approach
Nowadays, property developers are taking on unprecedented challenges. Under the multiple control measures such as the Three Red Lines policy and centralized land supply, the development of property …
Evergrande Is Painting a Bright Picture of Its Crisis. It May Not Be Enough to Calm China’s Panicky Property Sector.
Property developer China Evergrande still faces $300 billion in liabilities. And larger trends spell trouble for China’s property sector as housing sales continue to decline.
China sees funding ‘dry up’ after Evergrande crisis – property sector rocked
THE FALLOUT of China’s property sector issues is weighing heavily on the country’s finances as it enters 2022 – with local governments falling short of funds.
China reports jump in real estate loans
China’s real estate loans increased 8.4 percent year-on-year as of the end of November. Over 90 percent of home mortgage loans were first-time home buyer loans, the China Banking and Insurance …
China may delay its much-feared property tax amid price slump in nation’s real estate industry
China has talked about a nationwide property tax for over a decade, making renewing the push in October in pursuit of the nation’s common prosperity drive, but nothing has happened so far.
As China ramps up environmental efforts, property developers face more scrutiny, says fund manager
China’s property developers could come under greater scrutiny for flouting environmental laws, as Beijing steps up efforts to reinforce rules, says one fund manager.
Kerry Properties Pays $2.1 Billion For China Land Rights As Healthy Developers Keep Buying
It’s not only in China that industry woes are being felt. Struggling Beijing-headquartered China Oceanwide Holdings last month said it reached an agreement to sell off $23 million of property in (the …
China’s property sector has much room for growth as urbanization continues, says investment firm
Teresa Kong of Matthews Asia discusses the Evergrande crisis and the long-term opportunities in China’s real estate sector.
Chinese Developers Had Annual Drop in Property Sales Last Year
The value of new homes sold by China’s largest real estate companies fell annually for the first time since at least 2016 and declined further in December, suggesting a weak property sector continues …
Fitch Event on China Property Outlook: What’s Next After Evergrande?
The fast pace of urbanization in China was the catalyst for the boom for the China property market in the last two decades, with properties in Chinese cities considered as necessities. Nevertheless, …
Top Property Firms Suffer Drop in 2021 Sales: Evergrande Update
The 100 biggest companies in China’s debt-ridden property industry suffered a drop in sales last year as they face mounting bills to pay in January and shrinking options to raise necessary funds.
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