{"id":165318,"date":"2025-11-20T12:16:44","date_gmt":"2025-11-20T05:16:44","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-iconic-canadian-hotel-to-be-sold-after-default\/"},"modified":"2025-11-20T13:43:49","modified_gmt":"2025-11-20T06:43:49","slug":"evergrandes-iconic-canadian-hotel-to-be-sold-after-default","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-iconic-canadian-hotel-to-be-sold-after-default\/","title":{"rendered":"Evergrande\u2019s iconic Canadian hotel to be sold after default"},"content":{"rendered":"


\nChina Evergrande Group\u2019s famous log-cabin hotel in Quebec, Canada, has been placed in receivership after the defaulted real estate developer failed to make payments on its debt.
\nFairmont Le Chateau Montebello, which has hosted luminaries including Grace Kelly and Margaret Thatcher, would be put up for sale by PricewaterhouseCoopers LLP, the court-appointed receiver, according to documents filed this week on the accounting firm\u2019s website.
\nEvergrande\u2019s collapse was by far the biggest in a property…
\n
\nSource : South China Morning Post
\nRead more…Evergrande\u2019s iconic Canadian hotel to be sold after default<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group\u2019s famous log-cabin hotel in Quebec, Canada, has been placed in receivership after...<\/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-165318","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-H0q","jetpack-related-posts":[{"id":120790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-creditor-minsheng-bank-pares-loans-to-developer-amid-concerns-about-leverage-default\/","url_meta":{"origin":165318,"position":0},"title":"China Evergrande\u2019s creditor Minsheng Bank pares loans to developer amid concerns about leverage, default","date":"June 24, 2021","format":false,"excerpt":"\r China Evergrande\u2019s top bank creditor has reduced its exposure to the nation\u2019s most-indebted developer to assuage its own investors, a sign that local lenders have started to raise their guard against the risk of defaults.China Minsheng Banking Group, a major commercial lender, said its loan exposure to Evergrande has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124529,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-top-insider-sold-all-his-dollar-bonds-before-chinese-developer-defaulted-on-offshore-debt-last-year-new-filings-show\/","url_meta":{"origin":165318,"position":1},"title":"Evergrande\u2019s top insider sold all his dollar bonds before Chinese developer defaulted on offshore debt last year, new filings show","date":"February 10, 2022","format":false,"excerpt":"\r China Evergrande\u2019s top insider sold his holding of dollar-denominated bonds issued by the developer in a series of transactions in August last year, before its liquidity crisis worsened and led to a debt default.Xia Haijun, vice-chairman and chief executive of the Shenzhen-based developer, sold US$50 million in face value\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111965,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-emerald-bay-housing-project-in-tuen-mun-is-a-sell-out-as-buyers-find-low-prices-discounts-hard-to-resist\/","url_meta":{"origin":165318,"position":2},"title":"China Evergrande\u2019s Emerald Bay housing project in Tuen Mun is a sell-out as buyers find low prices, discounts hard to resist","date":"October 29, 2019","format":false,"excerpt":"\r China Evergrande\u2019s first project in Hong Kong got off to a flying start, as investors were attracted by the relatively low prices and an easing of mortgage rules, upstaging rivals that saw relatively modest sales last week.The mainland developer sold all 167 flats on offer at its Emerald Bay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-emerald-bay-flats-flop-in-their-third-weekend-sale-in-three-months-as-homebuyers-ignore-developers-discount\/","url_meta":{"origin":165318,"position":3},"title":"Evergrande\u2019s Emerald Bay flats flop in their third weekend sale in three months as homebuyers ignore developer\u2019s discount","date":"May 9, 2020","format":false,"excerpt":"\r China Evergrande\u2019s weekend sale of its Emerald Bay flats in Tuen Mun has flopped for the third time in as many months, as Hong Kong\u2019s homebuyers shunned its meagre discounts in anticipation of further price declines.The developer managed to find buyers for 34 flats, or 10 per cent of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nine-bonds-of-evergrandes-flagship-go-on-restricted-trading-after-ratings-cut-in-latest-woe-to-befall-indebted-developer\/","url_meta":{"origin":165318,"position":4},"title":"Nine bonds of Evergrande\u2019s flagship go on restricted trading after ratings cut in latest woe to befall indebted developer","date":"September 16, 2021","format":false,"excerpt":"\r Trading restrictions were placed on nine onshore bonds sold by China Evergrande Group\u2019s flagship property unit, after a local credit rating agency slashed the debts\u2019 creditworthiness, deepening the woes for the world\u2019s most indebted real estate developer.Three yuan-denominated bonds valued at 28.2 billion yuan (US$4.4 billion) issued by Evergrande\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159411,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/liquidators-hire-ubs-and-citic-to-sell-evergrandes-property-services-unit\/","url_meta":{"origin":165318,"position":5},"title":"Liquidators hire UBS and Citic to sell Evergrande\u2019s property services unit","date":"August 13, 2025","format":false,"excerpt":"\r Liquidators of China Evergrande Group, the developer whose default in 2021 set off a broader years-long property debt crisis, has hired bankers to sell a property management unit after previous attempts failed, people familiar with the matter said. The court-appointed liquidators are working with UBS Group and Citic Securities\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\/165318"}],"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=165318"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/165318\/revisions"}],"predecessor-version":[{"id":165319,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/165318\/revisions\/165319"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=165318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=165318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=165318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}