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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)