China
LVGEM sell and leaseback Shenzhen shopping mall
REAL estate developer and investment company LVGEM has taken steps to improve its financial position by selling and leasing back a Shenzhen shopping centre for RMB813.87 million (approximately USD$112 million).…
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China sitting on 3 billion sqm of unsold housing
CHINA'S real estate crisis, which has spread to the wider economy and pushed some of the country’s biggest companies to…
Foreign investment in South Korea – Don’t get carried away!
There’s been a lot of talk about foreign investment in the South Korean property market in recent times and in…
CHINA’S housing minister has told troubled property company to “go bankrupt”.
CHINA'S housing minister has told troubled property company to "go bankrupt". This stark admission by China’s housing minister Ni Hong…
China’s second largest developer in talks for bailout
CHINA'S state-owned banks are reportedly making moves to bail out the country's second-biggest property developer China Vanke after Moody’s downgraded…
Troubled Chinese property companies face strict consequences
THE official voice of the Central Committee of the Chinese Communist Party (CCP) has told troubled property companies to get out…