Property developers
Blackstone talks on US$4 billion New World deal stall over control
The property firm is one of Hong Kong’s “Big Four” property developers
January new home sales down 57% yoy at 466 units, with two new projects launched
Including executive condominiums, 990 units are sold that month with 1,534 units launched
Sold-out project marks turnaround for Hong Kong’s developers
The bumper sales at Sun Hung Kai Properties’ Sierra Sea are the latest sign of a rebound in the city’s residential market
GuocoLand’s rationale for privatising its Malaysian arm not strong
But the proposed move could be the SGX-listed group’s way of priming itself to be privatised in future
Billionaire Quek Leng Chan said to weigh taking Guocoland Malaysia private
The 82-year-old Malaysian tycoon has a net worth of US$7.4 billion, according to the Bloomberg Billionaires Index
China Vanke’s record loss leaves developer at mercy of state backer
The company has been wrestling with a liquidity crunch for more than two year
China developers ceased reporting ‘three red lines’ for years
The move signals how dramatically the authorities have changed their position on the real estate sector
Vanke gets approval for more bond repayment deferrals as China is seen stepping in to avert immediate default
Beijing has rolled out a number of measures aimed at supporting the property market
Hong Kong builder New World makes progress escaping distress
The company still faces a barrage of challenges
China Vanke wins creditor support for bond repayment plan; imminent default risk recedes
[HONG KONG] China Vanke said on Wednesday it had gained creditor approval to defer some repayments soon owed on a 1.1 billion yuan (S$205 million) puttable bond, likely helping the state-backed proper...
