Property sales in China saw their biggest monthly fall in 16 years in April as Covid lockdowns sapped demand despite moves by officials to ease borrowing limits and revive the sector

The reduction in mortgage loan interest rates aims to support demand and promote stable and healthy development of the real estate market

Zhongliang is struggling to repay notes worth $729m. Even if it wins approval to extend bond coupons by a year, it would need to pay an extra $1.25 million due to the weak yuan

Dennis Uy, chairman of conglomerate Udenna Corporation and listed Chelsea Logistics, plans to divest from a South China Sea gas field and a commercial land leasing company

The developer had been planning to use presale funds due to pay $29.5 million in interest on the bond that was required to be repaid last month

If Sunac goes into default, it could ramp up panic about China's property crisis, executives at other firms said, as Sunac is a big group known for its mid- to high-end properties

Shares in KE Holdings, which operates the online property platform Beike, opened at HK$30 each

The new 35% additional buyer's stamp duty levied on houses transferred to a trust came into force this week

The developer got an extension on two onshore bonds totalling 20 billion yuan, or $3 billion, due on May 6, to November 6

CBRE said a range of investors, from real estate investment trusts to private offices, and a growing volume of private equity funds, are acquiring hotels

Banks have linked their floating home loan rate to the repo rate of the Reserve Bank of India, which surprised markets on Wednesday by raising rates to contain inflation

Authorities have eased some financing controls for the property sector in a bid to bolster the economy hurt by widespread coronavirus pandemic-related lockdowns