Troubled China real estate developer Agile Properties announced on Thursday that a previously planned rights offer is back on the table. The plan to raise HK$1.65 billion ($213 million) seems more challenging than ever, however, as the Hong Kong-listed property… Read More>>
Agile Owners Offer $200M to Save Struggling Developer
The owners of real estate developer Agile Property announced this week that they are offering their company $200 million in loans in a bid to refinance the struggling firm after scuttling a planned rights issue.
Guangzhou-based Agile has seen its… Read More>>
Agile Property Boss Falls into Official Custody – Developer Cancels Rights Issue
Struggling China real estate developer Agile Property took a serious tumble last week when it announced the cancellation of an upcoming rights issue and the detention of Chairman Chen Zhuolin by government authorities.
Mr Chen was said to be confined… Read More>>
Agile Property Trips Over Rights Issue, Falls 7.2%
Real estate developer Agile Property Holdings tumbled more than 7.2 percent on the Hong Kong stock exchange today after it became the third China property firm in 30 days to declare a rights issue.
Guangzhou-based Agile is following hometown competitors… Read More>>
China Developers Discounting Amid Credit Clampdown
Reports of a bubble in China’s real estate industry are on the rise this week as developers in Hangzhou and Changzhou have begun discounting homes to improve cashflow.
Discounts of as much as 36 percent for two projects in prosperous… Read More>>
What China’s Biggest Real Estate Developers Plan to Do with Their $25 Billion in Cash
China’s largest property developers have built a war chest of more than US$25 billion in cash through bond sales and loans, in a sign that competition for land – and among China’s property companies – is heating up.
Firms including… Read More>>
Chinese Developers Turn to Overseas Financing in 2013
As China’s property market continues to rebound, more of the country’s developers are heading overseas for cash, as domestic credit controls remain tight and demand for land soars.
Since January 1st, several of the country’s biggest real estate firms, including… Read More>>
Agile Property boss tripped up by assault charge – and more of Today’s China Real Estate Links | September 3, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
Hong Kong police have arrested the chairman of one of China’s largest property… Read More>>
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