FILE PHOTO: The logo of property developer Shimao Group is seen on the facade of Shimao International Plaza in Shanghai, China January 13, 2022. REUTERS/Aly Song HONG KONG (Reuters) -Goldman Sachs ... ( read original story ...)
Chinese property developer Zhenro’s shares and bonds plummet on redemption speculation
The Shanghai-based developer told investors late on Thursday ... 70 per cent with market frozen for many junk-rated borrowers amid defaults Unlike many other property developers who have repeatedly ... ( read original story ...)
Oaktree Capital seizes second Evergrande property in China
Oaktree has seized a massive “Venice” apartment complex on the Yellow Sea coast near Shanghai that had defaulted ... world’s biggest collapse of a property developer. Oaktree’s control ... ( read original story ...)
SENSETIME Plans to Buy Office Property in Shanghai at About RMB3.3B
SENSETIME-W (00020.HK) announced that its subsidiary, Shanghai SenseTime, planned to acquire an office property from a stated-owned enterprise in Xuhui District, Shanghai at the Expected Consideration ... ( read original story ...)
China Government Buys a Hyatt Property From Struggling Developer
Chinese developer Shimao Group said on Friday it would sell a hotel in Shanghai to state-owned Shanghai Land Group for $707.83 million. ( read original story ...)
China’s Shimao sells Shanghai hotel for US$708 million to state-owned firm
Chinese property developer Shimao Group said on Friday (Jan 28) it would sell a hotel in Shanghai to state-owned Shanghai Land Group for 4.5 billion yuan (US$707.83 million), as it seeks to reduce its ... ( read original story ...)
China’s Shimao sells Shanghai hotel to state-owned firm for $708m
Chinese property developer Shimao Group said on Friday it would sell a hotel in Shanghai to state-owned Shanghai Land Group for 4.5 billion yuan ($707.83 million), as it seeks to reduce its debt amid ... ( read original story ...)