China’s property sector is teetering on another Evergrande moment, as a developer with almost $200 billion of debt is in deep trouble.
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.
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.
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 …
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 …
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 …
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 …
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 …
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 …
Dubai’s Emaar posts 15% surge in first-half profit on higher sales
Emaar Properties, Dubai’s largest listed developer, reported a 15 per cent surge in its first-half profit amid higher property sales. Net profit for the six months to the end of June climbed to Dh4.9 …