The developer halted critical work to settle its debts and investors dumped their stock amid news that executives were under suspicion by the authorities.
Hong Kong halts trading of Evergrande shares as chairman detained
Market regulators in Hong Kong suspended trading Thursday in shares of the troubled Chinese property giant Evergrande after reports founder and chairman Hui Ka Yan is under house arrest.
Hong Kong sees improved retail property sales transactions
A retail unit was recently sold for HK$370m. Buoyed by the revival in tourist arrivals and the improved labour market, Hong Kong’s retail market remained stable. According to a Knight Frank report, …
Maldives opposition candidate Muizzu wins presidential vote
Opposition candidate Mohamed Muizzu has won the Maldives presidential election, beating incumbent President Ibrahim Solih in a second-round runoff that could herald a pro-China shift for the Indian …
The magic of the Maldives isn’t just for newlyweds: Unplugging and re-connecting on a mother-daughter trip to paradise
Anna and Gracie chose to prioritise “sunlight over blue light” and limited their phone use on the trip (Avani+ Fares Maldives Resort) It had been five years since we took a mother-daughter …
Georgia’s Largest Landowner Controls a Ridiculous 583,000 Acres
Georgia is a beautiful southeastern state with many types … They also plan to gradually sell property for different purposes. Some will be sold for conservation or recreational purposes. There are …
Real estate trading value in Oman rises to $4.6bln
Muscat: The total value of real estate trading in the Sultanate of Oman rose by 15.8 percent to OMR1.80 billion at the end of August 2023 compared to OMR1.58 billion during the same period in 2022.
Syrian Reports: Israel Struck Near Damascus
Last month, Syria’s Ministry of Defense announced that Israel had struck targets in the Hama Governate in the central part of the country. According to the statement, the damage was limited to …
Netherlands supports Land Reforms in Iraq
UN-Habitat receives generous support from the Government of the Netherlands to Initiate Policy Dialogue on the Land Legal Framework Reform and Secure Tenure Rights for Internally Displaced Iraqis The …
Threats and violence escalate in Turkey over soaring rents
Cengiz Orsel hung a banner above his woodcarving workshop in Ankara so that everyone would know the astronomical rent increase his landlord is demanding.