HONG KONG Embattled Chinese property developer Country Garden is selling properties in Guangzhou, aiming to raise 3.8 billion yuan (S$710 million), according to an asset transaction platform. The properties include a hotel resort, four office towers, a shopping mall as well as five rental apartment buildings, according to listings dated Jan 19 on Guangzhou Enterprises Mergers and Acquisitions Services..
By Sherry Qin Troubled Chinese property developer Country Garden Holdings is seeking to sell a host of properties in Guangzhou city to raise up to 3.82.
HONG KONG: Embattled Chinese property developer Country Garden is selling properties in Guangzhou, aiming to raise 3.8 billion yuan (US$530 million), according to an asset transaction platform. The properties include a hotel resort, four office towers, a shopping mall as well as five rental apartment build
Embattled Chinese property
developer Country Garden is selling properties in
Guangzhou, aiming to raise 3.8 billion yuan ,
according to an asset transaction platform. The properties.