Chinese Property Giant Country Garden Delays Earnings
The troubled Chinese property giant Country Garden last Thursday, March 28, announced its decision to delay the publication of data on its financial results for the past year.
The troubled Chinese property giant Country Garden last Thursday, March 28, announced its decision to delay the publication of data on its financial results for the past year.
The Chinese real estate sector, which is one of the most important components of the economic system of this country and has been in deep crisis for several years, currently shows no signs of recovery and does not signal any foreseeable positive prospects.
In China, local banks are currently trying to save another large developer which is on the verge of collapse.
The media, citing insiders, reported that Deutsche Bank is preparing a liquidation lawsuit against the Chinese developer Shimao Group.
The Chinese developer Country Garden, which defaulted on its debts in 2023, announced that it had received a petition for liquidation from the creditor after non-payment of the loan.
In Hong Kong, an increase in the share price of local developers was recorded after Financial Secretary Paul Chan announced the cancellation of measures to cool property as part of efforts to normalize the state of affairs in the real estate sector, which found itself in a difficult situation amid the impact of negative factors […]
JPMorgan Chase CEO Jamie Dimon on Monday, February 26, during a conversation with media representatives, stated his confidence that most owners of commercial real estate in the United States are able to successfully overcome the circumstances of the current state of affairs in the economic system of this country.
The access of most of Canada’s largest banks to the commercial property market in the United States may cause unpleasant surprises for these financial institutions against the background of deterioration in the quality of some real estate loans.
The use of precast concrete has revolutionized traditional construction methods and brought numerous benefits to the current construction industry. For reasons ranging from increased productivity to less environmental impact, precast concrete is causing a sea change in the sector. This article will explore the causes of the rising popularity of precast concrete and its profound […]
The Chinese Evergrande Group received a liquidation order from the Hong Kong court, which marked the beginning of a complex process to carve up one of the main casualties of the largest property crisis, which had a widespread negative impact on the state of the world’s second-largest economy.
In October, housing costs continued to rise in the United States.
In September, the dynamic of housing prices in the United States continued to move within the growth trend.
Owning a beautiful house with a white picket fence is an essential part of many people’s dream lives. Will the picture perfect of middle-class suburban life break down to pieces if you rent a house instead of buying one? Not exactly. In many cases, renting a house actually makes more sense than owning the same […]
Singaporean startup Climate Alpha uses AI to enable real estate owners and investors to analyze the impact of climate change on their portfolios.
HSBC on Monday, October 30, announced that the Chinese real estate market has the potential for further deterioration of the situation.
Are you thinking about starting your very own real estate business? Well, you’re in the right place! Launching a real estate business can be an exciting adventure, but following some steps is essential to make your journey smooth. Marco Bitran guides you through seven simple steps to help you start your real estate business. Step 1: […]
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.