[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 HONG KONG/BEIJING, Aug 14…
Tag: REOP
Evergrande NEV shares set to open sharply higher after share sale to NWTN
[ad_1] A view of the electric vehicle (EV) factory of China Evergrande New Energy Vehicle Group in Tianjin, China October 20, 2021. REUTERS/Yilei Sun HONG KONG, Aug 15 (Reuters) –…
China Evergrande EV unit to issue fresh shares in restructuring plan
[ad_1] The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Aug 14 (Reuters) – Embattled property…
Munich developer insolvent in latest blow to German property sector
[ad_1] Construction sites are photographed in Frankfurt, Germany, July 19, 2023. Germany’s property sector is in stress, underscoring a major change of fortune for real estate in Europe’s largest economy…
Country Garden misses bond payments as China property fears flare
[ad_1] [1/2]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 HONG KONG, Aug 8 (Reuters)…
Swedish landlord SBB rules out state support as cash dwindles
[ad_1] A general view of Stockholm, Sweden, May 8, 2017. REUTERS/Ints Kalnins/File Photo STOCKHOLM, July 14 (Reuters) – Swedish property group SBB (SBBb.ST) on Friday ruled out state support as…
Analysis: Latest China developer debt woes could spur policy aid, but industry downbeat
[ad_1] HONG KONG, Aug 9 (Reuters) – News that big developer Country Garden was not able to make $22 million in bond payments is an alarm call for China’s government…
Swedish property company SBB to sell remaining 51% of education unit
[ad_1] June 25 (Reuters) – Swedish real estate company SBB (SBBb.ST) said on Sunday it has entered discussions to sell the company’s remaining 51% of EduCo, the education subsidiary of…
German property giant Vonovia slips to $2.1 billion loss as sector struggles
[ad_1] FILE PHOTO-A logo of German real estate company Vonovia, is pictured during a news conference in Duesseldorf, Germany, March 6, 2018. REUTERS/Thilo Schmuelgen/File Photo DUESSELDORF, Aug 4 (Reuters) –…