Real Estate


Rise in home prices a further test for China's regulators

Rise in home prices a further test for China's regulators

(ATF) Home prices are a delicate issue in China, partly because there is a massive bubble of debt lingering under the property market that needs to be gently deflated this year, without creating a major repercussions for the economy and the party. So, it was a slight surprise to see …

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Threat of surge in real estate bonds defaults has China worried 

Threat of surge in real estate bonds defaults has China worried 

(ATF) Marking an historic breakthrough, the amount of domestic and foreign bond-financed real estate debt maturing in January was set to be about 144.7 billion yuan, an increase of 118.9% year-on-year despite the sector being beset with default issues. But these worrying amounts of debt now have Chinese officials poised …

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Chinese officials begin crackdown on real-estate speculation

Chinese officials begin crackdown on real-estate speculation

(ATF) As has been said at numerous high-ranking meetings, China is entering a ‘new era,’ and one of the key goals of this is affordable housing, starting with tier-1 cities.Land sales have been a cash cow for local governments, as shown on Thursday when the Ministry of Finance announced the …

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Evergrande Property soars on report of aggressive expansion plan

Evergrande Property soars on report of aggressive expansion plan

(ATF) Shares of China Evergrande Group’s property management unit on the Hong Kong Stock Exchange soared by a record of 30% on Monday after local media reported that the company aims to more than double its area under management and increase its net profit by 50% this year.Evergrande Property Services …

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PE giant KKR closes first dedicated Asia-Pacific real estate fund

PE giant KKR closes first dedicated Asia-Pacific real estate fund

(ATF) KKR & Co said on January 13 it had closed its first Asia Pacific real estate investment fund, just days after the U.S. private equity giant launched its inaugural Asia infrastructure fund.The milestone signals the company's increasing push into the region. "[It] marks the next chapter of growth for …

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Chinese homeowners face negative equity shock 

Chinese homeowners face negative equity shock 

(ATF) China’s housing bubble has been inflating for decades – and for just as long economists and analysts have been predicting its collapse. If you consistently stick to a point of view it can eventually come true and so it appears in this case: there is growing evidence in most …

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Chinese developers face $53bn debt tsunami

Developers face $53bn debt tsunami

(ATF) Real estate companies are facing a surge of bond defaults as a one-third of a trillion yuan of debt as the once-booming industry struggles to recover from the pandemic downturn. With financing costs rising, debt loads climbing and falling sales eroding liquidity, many firms will be unable to pay …

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China’s real estate black hole grows as govt mulls takeovers

China’s real estate black hole grows as govt mulls taking over sector

(ATF) As yet another large real estate firm dips into default, China’s housing market looks to be in the middle of a crisis. Indeed, it looks increasingly like the government will step in – to take over real estate companies so that housing becomes affordable again and does not distract …

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