Page 43 - Property Sector News Today : Breaking News, Live Updates & Top Stories | Vimarsana

At least three major Chinese cities last week removed restrictions on home buying, as the Asian giant gradually rolls back a crackdown on the property sector in a bid to revive its economy. Dalian and Shenyang, two of the most populous cities in the northeastern province of Liaoning, separately announced they will no longer restrict the number of properties residents can buy in most parts of the city, while offering subsidies for buyers and tax relief for sellers. Nanjing, the provincial capital of affluent Jiangsu province, said it would let people buy flats without proof of eligibility in ...

Policymakers scramble to arrest a deepening crisis in the property sector

Creditors of Country Garden Holdings are doubtful the Chinese developer will be in a position to service debt that will come due later this year without liquidity support, after it averted a catastrophic default this week at the last minute. With its financial situation precarious and prospects of China's property sector remaining grim, the offshore creditors expect the country's largest private developer to get liquidity support soon or for it to undergo a debt revamp. Country Garden's financial woes have become the latest to hit China's property sector, which was once a...

China News: Creditors of Country Garden Holdings are concerned about the Chinese developer's ability to repay its debt without liquidity support. After narrowly a

Research into how technology can improve and enrich the real estate profession is ever-ongoing. Now, a new report by the UK-based Geospatial Commission has identified a number of opportunities to unlock greater value across the property ecosystem through location data, technologies, and services. The report, titled "Location Data in the Property Sector: Unlocking Value for