China real estate crisis: The global tremors are only starting
A new batch of overseas assets acquired in a decade-long Chinese expansion spree are starting to hit the market as landlords and developers want cash now.
Source: afr.com
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The global tremors from China's real estate crisis are only just starting
The worldwide slump triggered by borrowing-cost hikes has already wiped more than $1trn off office property values alone.
Source: moneyweb.co.za
The Global Tremors From China's Real Estate Crisis Are Only Just Starting
(Bloomberg) -- Chinese investors and their creditors are putting up “For Sale” signs on real estate holdings across the globe as the need to raise cash amid a deepening property crisis at home trumps the risks of offloading into a falling market. The prices they get will help finally put hard numbers on just how much trouble the wider industry is in. Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEinhorn
Source: yahoo.com
We're starting to feel the global ripple effects of China's property crisis
The worldwide slump has already wiped more than $1 trillion off office property values alone — but the total damage is still unknown.
Source: fortune.com