Troubled Landlord Adler Takes $1 Billion Hit From Restructuring
Adler Group SA reported a €971 million ($1.06 billion) operating loss for the first nine months of the
1970-01-01 08:00
China Opens Probes Into Embattled Shadow Banking Giant Zhongzhi
Chinese authorities said they opened criminal investigations into the money management business of embattled shadow banking giant Zhongzhi
1970-01-01 08:00
Xi Tolerance for Property Pain Nears Limit as Rescue Takes Shape
China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance
1970-01-01 08:00
China Weighs Unprecedented Builder Support With First-Ever Unsecured Loans
China may allow banks to offer unsecured short-term loans to qualified developers for the first time, people familiar
1970-01-01 08:00
China Races to End Property Panic, Fill $446 Billion Funding Gap
Chinese leaders are making their most forceful push yet to end the nation’s property crisis, ramping up pressure
1970-01-01 08:00
Hong Kong’s Biggest Developer Sells Homes at Six-Year Low Price
Sun Hung Kai Properties Ltd., Hong Kong’s biggest developer, has lowered the floor for new home prices in
1970-01-01 08:00
Chinese Property Bonds, Shares Jump on Funding Support Plan
Chinese developers’ bonds and shares gained after authorities began drafting a list of 50 real estate firms that
1970-01-01 08:00
China Drafts List of 50 Real Estate Firms Eligible for Funding
Chinese regulators are drafting a list of 50 developers eligible for a range of financing, according to people
1970-01-01 08:00
Hong Kong Tycoon Cheng Raises Doubt Over Succession Plans
Hong Kong billionaire Henry Cheng said his family business is still looking for a successor, calling into question
1970-01-01 08:00
China Housing Woes Worsen as Prices Fall Most in Eight Years
China home prices fell the most in eight years in October, signaling the property slump is worsening even
1970-01-01 08:00
Ping An Loses $3.1 Billion in Value on Country Garden Buy Report
A report that Chinese authorities asked Ping An Insurance Group Co. to rescue Country Garden Holdings Co. sent
1970-01-01 08:00
Dubai Home Sales Zoom Past Last Year’s Record in Ten Months
A property boom in Dubai that pushed the number of residential transactions to a record high last year
1970-01-01 08:00