{"id":105223,"date":"2019-03-21T12:29:32","date_gmt":"2019-03-21T05:29:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tahoe-chinese-developer-at-biggest-risk-of-default-tries-to-offload-a-dozen-projects-to-ease-liquidity-stress\/"},"modified":"2019-03-21T13:03:16","modified_gmt":"2019-03-21T06:03:16","slug":"tahoe-chinese-developer-at-biggest-risk-of-default-tries-to-offload-a-dozen-projects-to-ease-liquidity-stress","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tahoe-chinese-developer-at-biggest-risk-of-default-tries-to-offload-a-dozen-projects-to-ease-liquidity-stress\/","title":{"rendered":"Tahoe, Chinese developer at biggest risk of default, tries to offload a dozen projects to ease liquidity stress"},"content":{"rendered":"


\nChinese developer Tahoe Group is seeking to offload a dozen projects that it bought for at least 40 billion yuan (US$5.97 billion) in the past two years, according to sources familiar with the matter.It is the latest builder to resort to asset sales to raise cash in the face of mounting debts.China\u2019s 20th largest developer according to consultancy CRIC, Tahoe is a poster child of the sector\u2019s debt-fueled growth, its expansion and ambition having outstripped most of its peers.Tahoe emerged as\u2026
\n
\nSource : South China Morning Post
\nRead more…Tahoe, Chinese developer at biggest risk of default, tries to offload a dozen projects to ease liquidity stress<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese developer Tahoe Group is seeking to offload a dozen projects that it bought for...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-105223","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rn9","jetpack-related-posts":[{"id":95061,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tahoe-axes-beijing-shanghai-staff-as-cash-flow-stress-hits-chinese-developers\/","url_meta":{"origin":105223,"position":0},"title":"Tahoe axes Beijing, Shanghai staff as cash-flow stress hits Chinese developers","date":"July 31, 2018","format":false,"excerpt":"\r Tahoe Group is axing its staff in Beijing and Shanghai, according to employees and media reports, becoming the first major listed developer in China to do so as the property sector feels the pinch from liquidity stress. The Shenzhen-listed builder has slashed most of its design staff in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-cifi-to-offload-australian-assets-at-a-loss-in-bid-to-inject-cash-as-credit-dries-up\/","url_meta":{"origin":105223,"position":1},"title":"Chinese property developer CIFI to offload Australian assets at a loss in bid to inject cash as credit dries up","date":"February 15, 2024","format":false,"excerpt":"\r Defaulted property developer CIFI Holdings has for the third time in two months unveiled a loss-making asset disposal plan as it looks to fund operations and alleviate liquidity pressure.\r \r Source : South China Morning Post\r Read more...Chinese property developer CIFI to offload Australian assets at a loss in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135127,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heavily-indebted-chinese-developer-cifi-looks-to-offload-prized-shanghai-commercial-property-assets-after-1-5-billion-yuan-bond-fails-to-take-off\/","url_meta":{"origin":105223,"position":2},"title":"Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion yuan bond fails to take off","date":"March 9, 2023","format":false,"excerpt":"\r Chinese property developer CIFI Holdings is looking to sell its crown-jewel assets in Shanghai, including its headquarters, after its state-guaranteed yuan bond issuance hit a snag.\r \r Source : South China Morning Post\r Read more...Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104725,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unable-to-sell-luxury-homes-in-beijing-mainland-developer-tahoe-group-offers-discounts-of-up-to-us1-3-million\/","url_meta":{"origin":105223,"position":3},"title":"Unable to sell luxury homes in Beijing, mainland developer Tahoe Group offers discounts of up to US$1.3 million","date":"March 6, 2019","format":false,"excerpt":"\r As the ongoing US-China trade war weakens appetite of deep-pocketed mainland buyers for luxury homes, some developers have been offering massive discounts of up to 9 million yuan (US$1.3 million) to make sales.Just a few days after Lunar New Year, mainland developer Tahoe Group began offering aggressive discounts for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heavily-indebted-chinese-developer-evergrande-warns-of-default-risk\/","url_meta":{"origin":105223,"position":4},"title":"Heavily indebted Chinese developer Evergrande warns of default risk","date":"August 31, 2021","format":false,"excerpt":"\r Company cuts debt to roughly $89bn but says idle building projects threaten liquidity\r \r Source : ft.com\r Read more...Heavily indebted Chinese developer Evergrande warns of default risk","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119810,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rf-properties-sells-majority-stake-in-bay-area-logistics-park-for-us1-1-billion-as-chinas-indebted-developers-look-to-offload-assets\/","url_meta":{"origin":105223,"position":5},"title":"R&F Properties sells majority stake in bay area logistics park for US$1.1 billion as China\u2019s indebted developers look to offload assets","date":"January 20, 2021","format":false,"excerpt":"\r R&F Properties has raised US$1.1 billion by selling a majority stake in its huge urban logistics park in the Greater Bay Area in a sign that heavily indebted mainland Chinese developers are gearing up to offload assets.The sale of a 70 per cent stake in Guangzhou International Airport R&F\u2026","rel":"","context":"In "Property 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