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.
In… Read More>>
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>>