The developer has tried for months to signal that its $300 billion debt problem was under control. But the challenges keep mounting.
Tag: Real Estate (Commercial)
Soho China Sells to Blackstone, Cementing Owners’ Exit
The husband-and-wife team atop Soho China had already been keeping a lower profile than they did during an earlier, freer era of the country’s economic revival. Now they are selling their real estate business to Blackstone.
China Adds More Parks to Its Cities to Raise Quality of Life
A national push to build urban parks is transforming Chinese cities, as the country tries to improve the quality of daily life.
Nottingham’s Dilemma: Robin Hood or High Tech?
An unlamented mall in the heart of the English city is being demolished. But what should go in its place?
WeWork Will Go Public in a Merger With a SPAC
The money-losing office space firm plans to merge with a blank-check company backed by big Wall Street investors.
The Power Balance Is Shifting in London’s Commercial Real Estate
An extended winter lockdown has shaken the usual arrangement between landlords and tenants ahead of a government review of leasing legislation.
‘Box’ or Gem? A Scramble to Save Asia’s Modernist Buildings
Groups across the region are rallying to save buildings that officials consider too new, too ugly or too unimportant to protect from demolition.
The Sunset Strip Stirs Again
The legendary Los Angeles road, once a party paradise, is awakening afresh with a crop of new luxury developments.
In South India, Amazon Builds Its Largest Office Yet
As Amazon signals its growth in India with its office in Hyderabad, its largest in the world, local business owners are pushing back.
As Amenities Sit Unused, Airports Reconsider Their Design
Airports have some of the most lucrative square footage in the world, but the pandemic has crushed that calculus.