Foreclosures and asset disposals accounted for most large commercial real estate transactions in the first half, as creditors turned to public auctions to recover funds
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Buyers are increasingly using public auction platforms operated by Alibaba and JD.com Inc. to search for bargains. Photo: IC
Transactions surged in Beijing and Shanghai in the first half of this year as companies and local investors acquired discounted…
After a years-long real estate slump, many smaller lenders have found themselves saddled with a portfolio of distressed assets…
Real estate transactions and prices in megacities like Shenzhen and Shanghai are rebounding, though a nationwide recovery remains…
Consortium takes over collapsed private project, underscoring Beijing’s push to deal with distressed real estate assets
Real estate transactions and prices in megacities like Shenzhen and Shanghai are rebounding, though a nationwide recovery remains…
Fierce bidding for select plots in Beijing, Shanghai and Hangzhou masks a five-year low in land purchases by major developer
