Property developers

Companies are re-sequencing their construction timelines and shifting manpower deployment

The company’s representative agrees to the emergency relief, worth about A$4 million, with five lenders

Mind the risks to new condo demand from potential job market weakness, higher home loan rates and property cooling measures

The Australian property developer owes around A$3.3 billion to its creditors

The partnership under consideration would enable it to work on ‘very strategic projects in good locations’ across the city, he adds

Their joint venture bid, significantly above expectations, marks a new benchmark for pure residential land in the Outside Central Region

The total brings the distressed developer’s combined losses since 2024 to 153 billion yuan 

The company is looking to raise fresh capital from lenders, including existing creditors: source

The board has proposed a dividend of S$0.08 a share, to be paid out on Nov 18