A shikumen, or stone-gate community, near Xintiandi in Shanghai's Huangpu District will be revamped soon after the relocation of residents. Shanghai will finish renovating all massive derelict ... ( read original story ...)
China´s real estate crisis worsens as a major Shanghai developer defaults
Another prominent Chinese developer has gone bankrupt, adding to the woes of the world's second-largest economy's real estate sector. Another prominent ... ( read original story ...)
Shanghai Office Building Sales Defied Covid, Rose 3% in First Half, Report Shows
The volume made up 64 percent of all block trades in Shanghai's property market, almost double compared to that in 2021, as office demand increased, the Chicago-headquartered firm added. The trend of ... ( read original story ...)
Shanghai’s Pre-Owned Apartment Sales Stay Strong, Unlike Elsewhere in China
Shanghai, which used to have a shortage of lived-in apartments for sale, enjoyed hot sales in June with prices on the strong side. There is not much space to haggle in Shanghai's pre-owned apartment ... ( read original story ...)
Chinese property developer Shimao misses repayment on offshore bond worth $1 bn
Three of the top five issuers - Evergrande, Kaisa Group and Sunac China have already defaulted their dollar bonds. ( read original story ...)
Chinese property developer Shimao misses repayment on $1 billion bond
Chinese property developer Shimao Group has missed the interest and principal payment of a $1 billion offshore bond due on Sunday, in the latest blow to China’s embattled property market. ( read original story ...)
Legoland Shanghai Adds Commercial Property Ahead of 2024 Opening
Legoland’s upcoming theme park in Shanghai, which will become the Danish toy brand's third in China, is making strides to open in 2024 with another facility included in the project. Jinshan City ... ( read original story ...)