After having shown signs of stabilization, the real estate sector was impacted by COVID-19 once again in the first half. In the meantime, the sector is being challenged by a debt crisis. In my view,…
Tagged By property
Cutting debt in China’s property sector is the right thing to do, says BofA Securities
Winnie Wu of the investment bank discusses China’s economic outlook and the right short- and long-term approaches to the country’s real estate troubles.
Property Developers in China’s Hefei Urge Curb on ‘Malicious Protests’
A group of property developers in the eastern Chinese city of Hefei urged the local government this month to crack down on what they described as “malicious protests” by homebuyers, according to a …
Property Developers in China’s Hefei Urge Curb on ‘Malicious Protests’
A group of property developers in the eastern Chinese city of Hefei urged the local government this month to crack down on what they described as “malicious protests” by homebuyers, according to a …
The solution to China’s property crisis: nationalise indebted developers and bring back social housing
Beijing plans to bail out the country’s beleaguered developers and ensure unfinished homes are completed, but this won’t solve the crux of the problem In the long term, a Singapore-style social …
China Property Woes Spark Longest Mortgage Debt Halt Since 2015
Chinese banks’ issuance of securities backed by home mortgages has plunged, as the crisis in the nation’s property sector drags down a once-popular and relatively safe investment tool. Sales of …
As China’s property crisis deepens, experts see a silver lining for India
The crisis that started with the collapse of real estate giant Evergrande has become worse for China, with several property giants now showing signs of potential loan defaults …
China’s Mortgage Boycott: Could Property Sector Cracks Lead to Systemic Risk?
China’s widening mortgage boycott has raised fears of a further downward spiral of the property sector – a potential threat to financial stability in a country already under pressure from stalled …
Beyond China: Here Are the Next Real Estate Markets to Drop
The real estate industry in places like South Korea and Poland looks rocky as consumers face interest rate hikes and fatter monthly payments.
China Evergrande to Get $817.8 Million for Giving up Land Use Rights for Soccer Stadium
The indebted group will return the land-use rights to the Guangzhou Municipal Planning and Natural Resources Bureau, from which it had acquired the rights in April 2020 for 6.81 billion yuan. …
Capesize bulker routes to China fall to multi-month low as real estate sector struggles
Rates for benchmark routes for capesize bulkers that ship iron ore to China for steelmaking have slid to their lowest level in months as China’s real estate industry falls into deeper financial …
Dali Encourages ‘Joint Property’ Model to Boost Sales
Authorities in the southwestern city of Dali are encouraging real estate developers to sell at least half of a property up front while selling the remaining part later in the latest effort to boost …
China’s embattled property giant Evergrande fails to deliver debt restructuring plan
Evergrande has been at the heart of the country’s real estate troubles since last year, and has become China’s most indebted developer with $300 billion in liabilities.
