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Vanke

China property sales fall in February, expectations grow purchase restrictions could be eased

by Anas Siddiqui
China property sales fall in February, expectations grow purchase restrictions could be eased

Property sales in mainland China declined for the tenth straight month in February, as lower demand during the Spring Festival holidays weighed and expectations are the beleaguered sector’s woes will …

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China Vanke to sell shares in Singapore hotel chain Banyan Tree’s mainland China units for US$67 million

by Anas Siddiqui
China Vanke to sell shares in Singapore hotel chain Banyan Tree’s mainland China units for US million

Real estate giant China Vanke is selling its stake in luxury hotel chain Banyan Tree Holdings’ China units, a deal that will generate 480 million yuan (US$67 million) for the …

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Chinese developer CIFI dumps assets to inject funds as liquidity evaporates in property downturn

by Anas Siddiqui
Chinese developer CIFI dumps assets to inject funds as liquidity evaporates in property downturn

Heavily-indebted Chinese property developer CIFI Holding Group extended its asset selling campaign with another loss-making deal, as it grapples with a liquidity crunch and seeks to “survive and sustain under …

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