Massive debt amongst property developers like Evergrande have led to incomplete buildings and angry homebuyers.
Evergrande offers sweetener for debt revamp as China property crisis worsens
China Evergrande Group will offer asset packages that may include shares in its two overseas-listed businesses as a sweetener for restructuring offshore debt, the developer said, as a stifling …
Armenia Constitutional Court petitions to Venice Commission regarding law on illegal property confiscation
The Constitutional Court (CC) of Armenia has petitioned to the Venice Commission, seeking its opinion on a number of problematic provisions of the law on the confiscation of property of illegal origin …
Georgia County Trying to Build Spaceport Despite Public Opposition
A Georgia county has filed a lawsuit that seeks to force a company to sell it 4,000 acres on which the county has long planned to build a launch pad for commercial rockets.
Homebond Properties Is Widening the Reach for Buyers in the United Arab Emirates
Homebond Properties is one of the leading real estate companies in Dubai. Homebond Properties offers excellent customer service from leading industry experts despite being a startup. The company …
Property market to rebound in H2 on better economic prospects
The property sector is likely to rebound in the second-half of 2022 (H2 2022), bolstered by supportive policies and positive economic outlook. Pro Men Sdn Bhd founder and property entrepreneur …
Bursa Malaysia ends marginally higher on late buying
Bursa Malaysia ended the week marginally higher supported by last-minute buying in selected heavyweight counters, led by Tenaga Nasional Bhd and Sime Darby Plantation, analysts sai …
South Korea’s sudden property slump tests world’s most indebted consumers
SEOUL: South Korea’s property market has abruptly gone from sizzling hot to floundering, piling pressure on some of the world’s most debt-saddled consumers as the sector experiences the fastest …
Analysis: South Korean inflation raises risk of widening worker unrest
For years, a separate class of South Korean shipyard workers – hired through contractors – say they endured wages barely one-third regular workers’, got no paid sick leave for COVID, and routinely …
Turkey to forge on with selective loan policy despite backlash -sources
Turkey will stick to policies that allow only net exporters to access cheap lira loans and may toughen rules further despite a backlash from companies as it works to support its ailing currency, …