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Tag: property

Posted on 24/01/2023

They Poured Their Savings Into Homes That Were Never Built

They put down tens of thousands of dollars for it. But months past its scheduled completion, a concrete shell with wiring protruding from the walls and piles of dirt on the floor was all there was to ... ( read original story ...)

Posted on 18/01/2023

Hang Lung’s Two Shanghai Landmarks Achieve Top Ratings in Global Sustainable Building Certifications

Plaza 66 is the first operating property and the largest commercial complex in mainland China to receive platinum ratings for LEED V4.0 Existing Building: Operations and Maintenance and WELL V2 Core ... ( read original story ...)

Posted on 18/01/2023

China’s property sector shrinks 5.1% in 2022 – NBS

Real estate projects under construction are seen in the Shekou area of Shenzhen, Guangdong province, China November 19, 2021. Picture taken November 19, 2021. REUTERS/David Kirton/File Pho ... ( read original story ...)

Posted on 17/01/2023

China Evergrande’s auditor quits on disagreement around 2021 audit-related matters

Embattled property developer China Evergrande on Monday said that its current auditor, PricewaterhouseCoopers (PwC), has resigned as the parties disagreed over the timeline and scope of work ... ( read original story ...)

Posted on 14/01/2023

China relaxes ‘red lines’ on property sector borrowing in policy pivot

China will ease its "three red lines" policy restricting borrowing by property developers, a central bank official said Friday, as part of a plan to help the embattled industry. Zou Lan, head of the ... ( read original story ...)

Posted on 13/01/2023

China to support financing, debt extension for quality developers- Xinhua

China will boost financing for good quality property developers and roll out a 100 billion yuan ($14.86 billion) support plan for rental housing loans, the official Xinhua news agency said on Friday. ( read original story ...)

Posted on 13/01/2023

China’s billionaire playboy Wang Sicong arrested after allegedly breaking man’s nose in Shanghai street fracas

High-profile playboy and former Weibo influencer Wang is known for his flamboyant behaviour Wang Sicong - the only son of Chinese property tycoon Wang Jianlin - has reportedly been arrested following ... ( read original story ...)

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