Chinese property stocks slide as Country Garden faces liquidation bid By Investing.com
© Reuters Investing.com– Hong Kong-listed Chinese property stocks fell on Wednesday, coming under pressure from renewed concerns over a real estate meltdown after Country Garden...
Restructuring specialists boost Hong Kong staff as China property crisis stokes demand By Reuters
© Reuters. FILE PHOTO: An evening view of the financial Central district and Victoria Harbour in Hong Kong, China, May 9, 2023. REUTERS/Tyrone Siu/File Photo...
Japan’s Aozora Bank slumps to near 3-yr low as US property exposure spurs loss By Investing.com
© Reuters. Investing.com– Shares of Aozora Bank fell sharply on Friday, extending losses to a near three-year low after it flagged massive losses stemming from...
Weak demand, tighter lenders: Hong Kong property developers face tough 2024 By Reuters
© Reuters. FILE PHOTO: A general view of the construction site for housing buildings in Hong Kong, China October 24, 2023. REUTERS/Tyrone Siu/File Photo By...
Property group Signa’s retail foray was a mistake, senior executive says By Reuters
© Reuters. The logo of Rene Benko’s real estate empire Signa is seen on the fence of a construction site in front of a department...
Timeshare ‘exit’ company sues Westgate vacation property operator By Reuters
© Reuters. The closed Westgate Las Vegas Resort & Casino sign is illuminated among other closed hotels and properties as the spread of coronavirus disease...
Housing affordability drops to the lowest level since 1984
It’s an unwelcome blast from the past — home buyers are facing the most unaffordable housing market since the 1980s, according to a new report....
The Money Has Stopped Flowing in Commercial Real Estate
Commercial real-estate lending is shrinking to historically low levels, threatening a rise in defaults on expiring debt and a sharp decline in new construction of...
Americans Begin to Feel the Sting of Fed Rate Hikes
Rising interest rates due to Federal Reserve’s decisions are straining American finances. Consumers face higher costs for home and car loans, and existing debts are...
Country Garden: How bad are the Chinese property developer’s debt problems? By Reuters
© Reuters. FILE PHOTO: A view of closed shops in a mall at Country Garden’s Forest City development in Johor Bahru, Malaysia August 16, 2023....