Property News · May 12, 2022

Kaisa vice-chairman’s Bel-Air villa is for sale in Hong Kong at discount as developer disposes of assets to raise capital amid crippling debt


Kaisa is struggling to raise cash as it faces US$11.4 billion of outstanding bonds and US$200 million of perpetual notes coming due in 2026, according to Bloomberg’s data.

Source : South China Morning Post
Read more…Kaisa vice-chairman’s Bel-Air villa is for sale in Hong Kong at discount as developer disposes of assets to raise capital amid crippling debt