Pimco-owned group to partner with Canada's Ivanhoé Cambridge and other investors to build diversified portfolio of multi-family residential assets
China will step up spending, strengthen support to manufacturers and small firms, and ensure price stability, National Development and Reform Commission deputy head Ning Jizhe said
The Warburg Pincus Asia Real Estate Fund is the second-largest fund dedicated to the sector in Asia after Blackstone Group's $7.1 billion fund raised in 2018, Preqin data showed
China's CSI300 Real Estate Index hit a two-month high on Tuesday, and has rebounded almost 20% from its November low, bolstered by signs of policy easing
The country needs a total of 8,000 schools "to fill the gap in the education sector", housing ministry official Hassan Mejaham was quoted as saying by the official Iraqi News Agency
In some cases, companies are paying up to five times what they paid a few months ago when the workers could fly in via quarantine-free vaccinated travel lanes
When Guangdong province took de facto control of China Evergrande on December 3, it sparked a battle for the developer's assets.
A study of China property developers shows close to a third would face liquidity strain under a 'severe' scenario involving a 30% decline in residential home sales revenue in 2022
Chinese property developer said it also did not pay a coupon totalling $105 million for notes due in 2023, 2025, and 2026, with the grace period for the first two already expired
People's Bank of China and China Banking and Insurance Regulatory Commission recently issued a notice to financial institutions, urging them to strengthen support for such acquisitions
The one-year loan prime rate (LPR) was lowered by 5 basis points to 3.80% from 3.85% previously, while the five-year LPR remained at 4.65%
Failure to make payments, followed by a string of credit rating downgrades of indebted developers, has roiled China's high-yield debt