Vanke Sells Headquarters Project for $309 Million to Raise Cash

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China Vanke Co. sold an unfinished property project once designated as its new headquarters to buyers including a major shareholder, the developer’s latest effort to divest assets and boost liquidity.

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Vanke to Sell Headquarters Project as It Divests Assets for CashChina Vanke Co. plans to sell an unfinished property project once designated as its new headquarters, the developer’s latest effort to divest assets and boost liquidity.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

China Developer Vanke Gets New Loan Pushing Total to $1 Billion(Bloomberg) -- China Vanke Co., one of the nation’s few real estate giants that’s yet to default, has gotten a fresh loan, pushing recent bank borrowings...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »