Consortium takes over collapsed private project, underscoring Beijing’s push to deal with distressed real estate assets
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The 117 Tower in Xiqing district, Tianjin on May 28, 2026. Photo: Ding Feng/Caixin
Consortium takes over collapsed private project, underscoring Beijing’s push to deal with distressed real estate assets
Fierce bidding for select plots in Beijing, Shanghai and Hangzhou masks a five-year low in land purchases by major developer
Real estate transactions and prices in megacities like Shenzhen and Shanghai are rebounding, though a nationwide recovery remains…
Real estate transactions and prices in megacities like Shenzhen and Shanghai are rebounding, though a nationwide recovery remains…
Plan for country's tallest tower scrapped in Shenzhen; rental housing eyed in Shanghai
The new goal is to improve the quality and efficiency of existing stock, rather than chase headline growth through new…
