SUBSCRIBERS
China may have new property debt king after Sunac deal
Published Tue, Jul 11, 2017 · 09:50 PM
Shanghai
AS SOME Chinese tycoons slow acquisitions to focus on digesting their massive debt loads, one property billionaire is moving the other way.
Sunac China Holdings Ltd chairman Sun Hongbin oversaw an acquisition spree over the past year that culminated with Monday's US$9.3 billion purchase of assets from Dalian Wanda Group Co.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
FLASH: Singapore office rents in central region fall 1.7 per cent in Q1 over Q4: URA
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC