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Tag: property

Posted on August 10, 2023

China hailed a property developer with $64 billion in revenue as a role model. Now the country’s property crisis threatens to send it into default too

Country Garden was meant to be a survivor of China’s property crisis, but a missed interest payment shows that it’s also tight on cash.

( read original story …)



Posted on August 10, 2023

China’s heading for another real estate crisis — but it’s on a whole different scale than what it’s seen before

China’s property sector is teetering on another Evergrande moment, as a developer with almost $200 billion of debt is in deep trouble.

( read original story …)



Posted on August 10, 2023

China Regulator to Hold Meeting With Property Firms, Financiers

China’s securities watchdog plans to hold a meeting on the real estate market on Friday, according to people familiar with the matter, underscoring growing urgency among regulators to deal with a worsening property crisis.

( read original story …)



Posted on August 10, 2023

China’s Property Market Is Critical for Growth. Now It’s Broken.

China’s massive real-estate market is back in trouble after a first-quarter flicker that the sector might be stabilizing.

( read original story …)



Posted on August 10, 2023

Indian Investors Capitalizing on Premium, High-End Commercial Properties in Cyprus

Leading property developer in Cyprus, Leptos Estates introduces high-end commercial properties tailored for Indian investors. With a diverse range of commercial properties and shops available …

( read original story …)



Posted on August 10, 2023

Railroad putting down roots in East Palestine

In the weeks following February’s Norfolk Southern train derailment, railroad CEO Alan Shaw said that Norfolk Southern would be there for the long haul. On Tuesday, the company put down roots in the …

( read original story …)



Posted on August 10, 2023

NFS to open field office

In the weeks following February’s Norfolk Southern train derailment, railroad CEO Alan Shaw said that Norfolk Southern would be there for the long haul. On Tuesday, the company put down roots in the …

( read original story …)



Posted on August 10, 2023

City Developments Profit Drops Despite Jump in Property Business

City Developments Ltd., run by Singapore’s richest real estate empire, posted a 94% drop in its first-half profit, as the absence of divestment gains booked a year earlier masked strong results in the …

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Posted on August 10, 2023

Singapore’s scandalous summer stokes unease over succession planning

A senior minister has been ensnared in a corruption probe alongside a billionaire property tycoon. The speaker of the house was caught swearing on a hot mic, an incident that undermined his …

( read original story …)



Posted on August 10, 2023

UAE Property: ‘Can my landlord raise the rent with 15 days’ notice?’

Question: I currently rent a villa in Dubai. The property manager is a large real estate company. In 2021 and 2022, there was no rent increase. This year, they are asking for a 20 per cent rent …

( read original story …)



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