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Top News In தோட்டம் சேவைகள் ஹோல்டிங்ஸ் Today - Breaking & Trending Today

China property assets soar as Evergrande spillover fears ease

China property assets soar as Evergrande spillover fears ease
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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China Property Assets Soar as Evergrande Spillover Fears Ease

China Property Assets Soar as Evergrande Spillover Fears Ease
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

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Guangzhou R&F sells assets to Country Garden for 10 billion yuan cash, ditching unit's IPO plan as funding crunch bites

Guangzhou R&F sells assets to Country Garden for 10 billion yuan cash, ditching unit's IPO plan as funding crunch bites
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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Country Garden Services to Raise $1.34 Billion Via Share Placement

Provided by
Dow Jones
By P.R. Venkat
Country Garden Services Holdings Co. is planning to raise 10.42 billion Hong Kong dollars ($1.34 billion) through placement of shares, proceeds of which will be used for business expansion.
The company is planning to place 139.38 million shares for HK$75.25 each, which is a 6% discount to Monday s closing price, the property management services firm said Tuesday.
Shares will be placed to independent investors that will allow the company to broaden its shareholder base.
The directors are of the view that the placing will strengthen the financial position and liquidity of the group and provide funding to the group for working capital and future development purposes without incurring interest costs, the company said. ....

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Cromwell E-REIT Buying Czech, Slovak Properties

Cromwell E-REITs target portfolio includes this warehouse in Uherské Hradiště, Czech Republic
A European industrial acquisition leads today’s set of real estate news from around the region, as a Singapore-listed REIT expands its holdings on the Continent.
Also in the news, a Blackstone-backed Indian REIT is aiming to raise $1 billion in fresh equity to fund a Bangalore acquisition, and China’s Country Garden hopes to sell $1 billion worth of new shares as it aims at takeovers and mergers.
Cromwell European Real Estate Investment Trust (Cromwell E-Reit) has proposed to buy 11 logistics and light industrial properties for 113.2 million euros ($137.1 million). ....

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