SUBSCRIBERS
Struggling Korean builders face high funding costs
Weaker firms locked out of domestic bond markets as investors stay away
Published Mon, Feb 17, 2014 · 10:00 PM
[HONG KONG] South Korea's troubled construction sector is under pressure to find alternative sources of funding after a flight to safety in the country's domestic debt market.
Its builders have had to deal with lower real estate prices, a weak economy and slow momentum on overseas projects, and many are in desperate need of funding.
The weaker…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
New US home sales jump to highest level since September
Hong Kong developer weighs stake sale in London office skyscraper project
How Hudson Yards went from ghost town to office success story
Private credit for real estate boosting green building premium
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Forrest Li’s wife buys Gallop Road bungalow next to the one he has redeveloped