Clare Jim
Stories by Clare Jim
China South City sells 70% stake in Xian projects for $717m
The buyer is state-owned shareholder SZCDG.
Evergrande chairman’s $89m Hong Kong mansion seized by lender
The property developer is saddled with more than $300b in total liabilities.
China’s CIFI suspends offshore debt payments, kicks off restructuring process
It has failed to reach an agreement with creditors on payments worth $414m
Bidding for Evergrande’s seized HK headquarters draws dozens of potential buyers
The China Evergrande Centre is valued at $1.02-1.15b.
Lenders appoint receiver to seize China Evergrande’s Hong Kong headquarters
A potential $1.7b deal to sell the 26-storey China Evergrande Centre had collapsed late last year.
Chinese state-owned firms takeover Evergrande’s $1b holding in Shengjing Bank
The winner, a group of seven firms, was the only bidder in the auction that closed today
HK court adjourns China Evergrande Group’s winding-up lawsuit to Nov 7
If the petition is successful, it could affect Evergrande's debt restructuring plan
Hong Kong audit regulator expands probe into Evergrande’s property services unit
It is investigating the 2020 and first half of 2021 financial statements of the Evergrande unit
Ares SSG appoints new real estate investment head
Bryan Southergill has been appointed as partner and head of real estate investment.
China developer Evergrande gets bid for Hong Kong HQ from CK Asset
Cushman & Wakefield is the sole agent to sell the 345,000 sq ft office building