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#realestate

16 posts15 participants1 post today
Continued thread
Public
R. Scott Pert

> Vanke is among several major Chinese property firms mired in a debt crisis in recent years that has left developers in severe financial distress.

> Troubled property developers #Kaisa and #CountryGarden -- both fending off winding up petitions in #HongKong courts -- also reported losses separately.

> Kaisa said on Monday that its losses for the year grew 48.4 percent to $4.03 billion in 2024. today.rtl.lu/news/business-and #SouthEastAsia #Malaysia #Thailand #realestate #China #economy

today.rtl.luChina property giant Vanke reports annual loss of $6.8 bn
Public
R. Scott Pert

China property giant Vanke reports annual loss of $6.8 bn

> #HongKong-listed #Vanke is part-owned by the government of #Shenzhen and was #China's fourth-largest #realestate firm by sales last year, according to research firm CRIC.

> Vanke has seen [..] the resignation of its CEO [..] the company said was "due to health reasons".

> That month, Chinese outlet the Economic Reporter cited sources as saying Zhu had been "taken away by public security authorities" today.rtl.lu/news/business-and #economy

today.rtl.luChina property giant Vanke reports annual loss of $6.8 bn
Public
blog.TO

Landmark $4 million Toronto mansion is on the market for the first time in 60 years
Tucked away on a peaceful Riverdale street, this $4 million local landmark is available for the first time in decades, and a peek inside reveals just as much history as one might expect.Just steps from Riverdale and Withrow Parks, Frankland and Montcrest schools and th...
#realestate #architecture #history #Toronto #Riverdale #Danforth
blogto.com/real-estate-toronto

Public
CBC Montreal

Montreal archdiocese launches not-for-profit real estate arm aimed at maximizing social impact
As Montreal grapples with growing homelessness, the Catholic archdiocese in the city is forming a new real estate arm that it says will help ensure any redevelopment of church properties addresses "pressing community needs."
#realestate #homelessness #catholic #charity #Montreal #News
cbc.ca/news/canada/montreal/mo

Public
Bruce MacDonald

Cows, colleges, and contentment. Northfield residence in the news.

'The Barrows used one of the spacious “bonus rooms” — there are two above the main level — as their daughter’s bedroom. It has a window that opens into the home’s interior, and the Barrows imagined constructing a pulley system to lift food to their 16-year-old’s room.'
startribune.com/house-listing-

www.startribune.com · Whimsical house near St. Olaf with ties to philosopher Kierkegaard lists for $850KThe Northfield home has spiral staircases, stone rooms, tree trunks and other touches of whimsy and mystery.
#RealEstate
Public
blog.TO

Developer wants Toronto's over-100-storey megatower to be even taller
It seems they just can't build 'em tall enough in Toronto, as the developer behind the construction project primed to become Canada's tallest building wants to make its megastructure at 1 Yonge Street even taller.The aptly named SkyTower is quickly rising into...
#construction #realestate #cityplanning #Toronto #Canada #Paris
blogto.com/real-estate-toronto

Public *
Lyle Solla-Yates

finance.yahoo.com/news/billion “Thiel believes fixing the housing crisis starts with zoning reform—making it easier and cheaper to build homes. Right now, restrictive policies choke supply and drive up costs, leaving younger Americans priced out of the market. Without serious change, the gap between homeowners and renters will only widen, with long-term economic and social consequences.” #zoning #housing #shortage #inflation #inequality #RealEstate

Yahoo Finance · Billionaire Peter Thiel Warns of a Looming Real Estate 'Catastrophe'—A 'Massive Hit to the Lower Middle Class and Young People' Who Can't Buy HomesBy Jeannine Mancini
Public
The Times Of Update

Donald Trump’s real estate company to build a commercial tower in Pune. What we know timesofupdate.com/donald-trump The real estate firm of the president of the United States, Donald Trump, is planning its first commercial tower in the western city of Pune, since it seeks to set up a boom in the demand for office space in the most populous nation in the world. The expansion in India, the largest marke… #Business #CommercialTower #Company #DonaldTrump #Pune #RealEstate

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