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Plans by an international business to develop a surf park in rural Auckland have come a step closer, with the applicant getting consent to buy a Dairy Flat...
Affordable housing group Vistry has signed two new partnership agreements that will see it build 1,900 new homes in East Anglia and the South of England.
BEIJING: Moody's has downgraded one of China's largest housing developers' credit rating, as woes in the country's property sector show no sign of abating.
Moody’s downgrades major Chinese developer Vanke - Business - BEIJING: Moody’s has downgraded one of China’s largest housing developers’ credit rating, as woes in the country’s property sector show no sign of abat...
KUALA LUMPUR: Property developer Tropicana Corporation Bhd recorded a lower net loss of RM174.19 million in the financial year ended Dec 31, 2023 (FY2023) as compared to RM435.59 million in FY2022.
HONG KONG (Reuters) -A group of offshore creditors of China South City is set to file a lawsuit against the debt-laden developer's biggest state-owned shareholder for dues, four sources said, in what would be the first such case in the crisis-hit property sector. China South City earlier this month missed a principal payment of $11.25 million on a dollar bond due on Feb. 9, and is deemed by creditors to be in default on offshore debts worth $1.3 billion, two bondholder sources said. The group of creditors, who have formed a so-called ad-hoc group, is preparing to file the lawsuit in a Hong Kong court against state-owned Shenzhen SEZ Construction and Development Group Co., which owns 29% of the company, the four sources said.
During a special meeting of City Council on Feb. 22, council voted on an appeal of a 2023 Historic Preservation Commission decision regarding the Old Post Hospital development.