{"id":117370,"date":"2020-06-26T08:30:18","date_gmt":"2020-06-26T01:30:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-are-walking-towards-a-default-hong-kong-real-estate-fund-stumbles-as-coronavirus-tips-shanghai-commercial-property-into-bear-market\/"},"modified":"2020-06-26T09:03:14","modified_gmt":"2020-06-26T02:03:14","slug":"we-are-walking-towards-a-default-hong-kong-real-estate-fund-stumbles-as-coronavirus-tips-shanghai-commercial-property-into-bear-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-are-walking-towards-a-default-hong-kong-real-estate-fund-stumbles-as-coronavirus-tips-shanghai-commercial-property-into-bear-market\/","title":{"rendered":"\u2018We are walking towards a default\u2019: Hong Kong real estate fund stumbles as coronavirus tips Shanghai commercial property into bear market"},"content":{"rendered":"


\nEven seasoned bankers and real estate investors, honed by past financial markets and health crises, are no match for the calamity brought by the US-China trade war and the coronavirus pandemic.Phoenix Property Investors, a US$7.7 billion real estate fund, has six months to save itself from potential cascading defaults in two commercial property bets in China after the market cracked, banks trimmed lending and co-investors balked at a restructuring proposal.Two funds managed by Phoenix and\u2026
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\nSource : South China Morning Post
\nRead more…\u2018We are walking towards a default\u2019: Hong Kong real estate fund stumbles as coronavirus tips Shanghai commercial property into bear market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Even seasoned bankers and real estate investors, honed by past financial markets and health crises,...<\/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-117370","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-ux4","jetpack-related-posts":[{"id":117170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-commercial-real-estate-as-hong-kong-grapples-with-coronavirus-impact-political-fallout\/","url_meta":{"origin":117370,"position":0},"title":"Investors shun commercial real estate as Hong Kong grapples with coronavirus impact, political fallout","date":"June 16, 2020","format":false,"excerpt":"\r Hong Kong\u2019s commercial real estate market is expected to be hobbled by uncertainty surrounding the controversial security law, with transactions already growing at the slowest pace since the global financial crisis, analysts said.Although the impact may be short-lived, this will not help the already flagging real estate market in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116337,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-singapore-lead-biggest-pullback-in-asia-pacific-commercial-real-estate-deals-since-2008-financial-crisis\/","url_meta":{"origin":117370,"position":1},"title":"Hong Kong, Singapore lead biggest pullback in Asia-Pacific commercial real-estate deals since 2008 financial crisis","date":"May 14, 2020","format":false,"excerpt":"\r A slump in investment in Hong Kong and Singapore commercial property has contributed to the biggest pullback in a decade across Asia-Pacific, suggesting investors are conserving cash to ride out the coronavirus pandemic.Investment fell by 50 per cent to US$21.3 billion last quarter from a year earlier, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/warburg-pincus-backed-shanghai-real-estate-firm-eyes-slice-of-co-working-market-as-demand-rises-in-hong-kong\/","url_meta":{"origin":117370,"position":2},"title":"Warburg Pincus-backed Shanghai real estate firm eyes slice of co-working market as demand rises in Hong Kong","date":"September 16, 2018","format":false,"excerpt":"\r Kailong, a Shanghai-based real estate investment management company backed by US private equity fund Warburg Pincus, is planning to include a co-working element at all eight of its commercial properties in Hong Kong to boost returns. The strategy shift comes in the wake of a growing demand for such\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-hong-kong-retail-property-goes-up-for-sale-as-long-term-investors-look-to-cut-their-losses\/","url_meta":{"origin":117370,"position":3},"title":"Prime Hong Kong retail property goes up for sale, as long-term investors look to cut their losses","date":"May 6, 2020","format":false,"excerpt":"\r For the first time in more than a decade, prime commercial real estate is coming on Hong Kong\u2019s market, with an entire building block offered for sale in the world\u2019s most expensive retail district as long-term property investors anticipate a further decline in the city\u2019s commercial property sector.Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-stock-market-stumbles-again-global-property-markets-set-to-gain\/","url_meta":{"origin":117370,"position":4},"title":"China stock market stumbles again: global property markets set to gain?","date":"January 8, 2016","format":false,"excerpt":"\r The last few months haven\u2019t been easy on Chinese stock markets So it happened again yesterday \u2013 China\u2019s stock market called off trading for the second time this week in Beijing, making it the\u00a0shortest trading day in 25 years, and it might have started a chaotic turn of events\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/01\/Stock-market.jpg?fit=878%2C494&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":118375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-commercial-property-investors-expect-relaxed-mortgage-rules-to-kick-start-buying-activity\/","url_meta":{"origin":117370,"position":5},"title":"Hong Kong\u2019s commercial property investors expect relaxed mortgage rules to kick start buying activity","date":"August 26, 2020","format":false,"excerpt":"\r Activity in Hong Kong\u2019s commercial market is likely to gain momentum as investors expect the government to further loosen industry curbs, after the city\u2019s de facto central bank eased mortgage lending rules for non-residential real estate for the first time in more than a decade, according to market observers.Bridgeway\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117370"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=117370"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117370\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}