Asia real estate and outbound investment news
Trade wars may be jarring financial markets in Hong Kong and mainland China this week, but the market for mainland developer debt appears to be improving, with one of the major international ratings agencies predicting happier financial times ahead.
In… Read More>>
In this week’s edition of People in the News, hard times for a luxury residential developer and a mainland co-working operator may have prompted some job searches in China, while May brings some fresh moves elsewhere including a promotion in… Read More>>
Troubled mainland developer Tahoe Group on 27 April announced to the Shenzhen stock exchange that it has agreed to sell a 49 percent stake in a mixed-use project in Hangzhou, the capital of China’s Zhejiang province to Shimao Properties for… Read More>>
A senior executive of Fuzhou-based property developer Tahoe Group is said to have been detained since last week for reasons suspected to be linked to the earlier arrest of the chairman of Shenzhen-based China Create Capital, according to local Chinese… Read More>>
New data is now available on the arc of the global shared office phenomena and WeWork’s announcement this week that its annual loss doubled to $2 billion in 2018 has analysts wondering if the co-working craze has already passed its… Read More>>
Financial drama leads the real estate news from China today as Tahoe Group announces the sale of another project stake to Shimao in its race to meet a Thursday deadline for repaying investors in a RMB 3 billion bond.
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Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a statement to the Shenzhen stock exchange today reassuring investors that the financially troubled mainland developer would be able… Read More>>
Developers from around the region are announcing 2018 results that range from good to bad this month, but few developers had it as tought as a major Hong Kong player which only sold one home last year, earning this story… Read More>>
The Taihe Group (泰禾集团) is firing much of its staff in Beijing, Shanghai, Fuzhou and Wuhan, according to a report in the South China Morning Post on 31 July citing ifeng.com. If confirmed, the mass layoffs at the Shenzhen-listed developer… Read More>>
Fuzhou, China-based developer Tahoe Group is setting up a RMB 20 billion ($3.1 billion) mergers and acquisitions fund for real estate investments.
The Shenzhen-listed firm, the real estate arm of conglomerate Tahoe Investment Group, announced last week that it would… Read More>>
