Goldman Sachs lowered its forecast to a 5% decline in each year from flat prices this year, followed by 5% declines in 2023 and 2024 and a return to flat again in 2025
The 4 billion yuan onshore bond will mature on April 1, 2024, but investors have a put option to sell back to the company on April 1 this year.
Evergrande said it would use the proceeds to repay construction fees of 920.7 million yuan for projects in Hangzhou, including the Crystal City Project
Adani last year took over the Mumbai and Navi Mumbai airport projects from the GVK Group
Housing sales by floor space fell 49.1% year-on-year in March in 17 Chinese cities, a deeper contraction than a 23.4% drop the previous month
The integrated project, comprising four reclaimed islands in the state of Johor, is struggling to market property to core investors in China and Singapore
Due to the delay, Kaisa shares will be suspended from trade from April 1 as required by the Hong Kong Stock Exchange's listing rules, the Chinese developer said in a filing
EQT Mid Market Asia III fund made the investment in Guardian Shanghai Hygiene Service, which has a substantial presence in China's populous southern and eastern provinces.
The hyperscale data centre will be built in the eastern part of the Seoul metropolitan area, close to the Pangyo Techno Valley, a technology hub known as South Korea’s Silicon Valley
Evergrande Group plans to return land set aside as collateral for a trust loan from CITIC Trust Co to Guangzhou government, so the city could sell it and help CITIC Trust pay out investors
Experts say residents leaving capital cities will put people at greater risk of homelessness without government action
Debt-laden Chinese developer says annual results can't be revealed on March 31 as new audit procedures have been added amid revamp of its operations since second half of last year