Property News · May 8, 2024

China Vanke puts Shenzhen land up for auction as developer trims noncore assets to ease US$147 billion liabilities


Developer puts another noncore asset on the chopping block to bolster its liquidity and appease creditors, part of its three-pronged strategy to overcome a financial crisis.

Source : South China Morning Post
Read more…China Vanke puts Shenzhen land up for auction as developer trims noncore assets to ease US7 billion liabilities