Link Asset Management Limited , the manager of Link Real Estate Investment Trust , has announced its annual results for the year ended 31 March 2024. Nicholas Allen, Chairman,.
China Vanke has sold a plot of land once earmarked for its new headquarters in Shenzhen for 2.24 billion yuan (US$309 million), almost 30 per cent less than it paid in 2017, as the beleaguered property developer strives to pay down its mountain of debt.
China Vanke puts Shenzhen land up for auction as developer trims noncore assets to ease US$147 billion liabilities scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
The company had acquired a 50 per cent interest in Qibao Vanke Plaza in April 2021 and will become the sole owner following the completion of the transaction.…
Link Reit, which bought a 50 per cent interest in Qibao Vanke Plaza in April 2021, plans to acquire the remaining 50 per cent stake from the indebted Chinese developer.