“The group has successfully obtained waivers from all lenders in respect of the breach,” the company said on Monday. “Accordingly,…
Read More »Albert Yeung Sau-shing
Hong Kong is facing a commercial real estate crisis, with small and medium-sized developers as well as banks under increasing…
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Hong Kong developer Grand Ming Group warned investors that it has yet to repay a HK$4.8 billion (US$611.4 million) loan,…
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Just over five years ago, residential and commercial real estate prices and rents were hitting record highs. Developers reported robust…
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