[ad_1] The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights HONG…
Tag: REOP
How the ghost of the 1990s property crash returned to haunt Sweden
[ad_1] Swedish house market tumbles as rates rise Swedes dusting down 1990s blueprint to contain crisis Banks say willing to seize collateral FRANKFURT, July 28 (Reuters) – Long before Europe…
From war bunker to penthouse to market flop: how Germany’s property boom ended
[ad_1] MUNICH, Sept 1 (Reuters) – It has been a tumultuous year for one prominent German property developer: his efforts to sell his penthouse atop a Nazi-era air raid shelter…
How Evergrande’s downfall signaled China’s property crisis
[ad_1] SHANGHAI/HONG KONG, Aug 31 – In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use…
China developer Vanke sees pressure on profit amid market downturn
[ad_1] [1/2]A Vanke sign is seen above workers working at the construction site of a residential building in Dalian, Liaoning province, China September 16, 2019. REUTERS/Stringer/File Photo Acquire Licensing Rights…
Chinese banks should step up lending to private sector, central bank official quoted
[ad_1] Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo…
Chinese banks to cut existing mortgage rates as property crisis deepens
[ad_1] A sign of Agricultural Bank of China is seen at its office building in Beijing, China March 29, 2021. REUTERS/Tingshu Wang/File Photo Acquire Licensing Rights Mortgage rate cut quantum…
Shares of Country Garden set to rise after it sells stake in development
[ad_1] The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights HONG…
Adani’s bid to remake Mumbai slum spurs residents’ doubts, favouritism claims
[ad_1] Adani aims to redevelop large Indian slum in ‘colossal’ test Hindenburg fallout, political uproar, residents’ worries weigh Court battle between Dubai consortium, Adani adds new twist Adani argues SecLink…