Supply follows demand in the region’s real estate news today as developers and investors dig through their portfolios for assets to put in front of the region’s property hungry investors. Fresh off of selling a Hongkou property last week, SOHO… Read More>>
Evergrande Invests $1.5B to Buy 5% of China Vanke and More Asia Real Estate Headlines
The battle for control of China’s largest property developer continues to stay in the headlines this month now that Evergrande has bought up a 5 percent stake in China Vanke. And there’s some good news for many home-builders as ratings… Read More>>
Sliding Retail Sales Bring Slippery Response and More Greater China Real Estate Headlines
China’s retail space glut is at least bringing consumers more entertainment options as mall operators turn to giant slides and other attractions to fill empty shopping centres. In the residential market one of the major credit agencies is pointing to… Read More>>
Evergrande Said at 6.2% Risk of Default as Chinese Bond Market Wobbles
China’s Evergrande Real Estate increased its debt load by 90 percent last year to RMB 297 billion ($45.8 billion), and now the property developer is said to have a 6.2 percent chance of defaulting on its repayments in the next… Read More>>
400% Increase in Property-Linked Loans Threatening China’s Banks: Fitch
China’s real estate industry may be showing signs of recovery this year, but the slumping sector still represents the single largest threat to the nation’s banks, according to an independent credit agency.
In a report examining risks facing China’s publicly… Read More>>
Fitch Dings Evergrande for High Leverage Levels
China real estate developer Guangzhou Evergrande was singled out by credit agency Fitch Ratings this month for its high levels of leverage and aggressive sales forecast, as lenders begin to look more closely at the risks facing Chinese property companies.
Fitch Ratings Says China Real Estate Yields Too Low for REITs
China’s government says the country is ready for real estate investment trusts (REITs), but according to analysts at Fitch Ratings, even if the legal codes are in place, rental yields need to rise before REITs become a reality on the… Read More>>
China Encourages Mortgage Securities to Boost Real Estate Market
On September 30th, China’s central bank issued a round of measures aimed at stimulating demand for housing in China, the most important of which may have been overlooked.
While the decision by the People’s Bank of China to broaden the… Read More>>
ING and JP Morgan Economists Warn on China Property Slowdown
The chorus of concern regarding China’s slumping real estate sector gained a couple of new and highly influential voices last week when economists for JP Morgan Chase and ING both warned of risks to the nation’s economy.
According to a… Read More>>
Fitch Gives Grade of BBB+ to New Poly Real Estate Notes
Credit ratings agency Fitch has reviewed the risks and credit-worthiness of new US dollar debt securities proposed by a subsidiary of leading China real estate developer Poly Real Estate, and given the notes a rating of BBB+. The following is… Read More>>