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Keari Real Estate Research: In November, the Residence market transactions maintained a high level for the year.
In November, the supply scale grew month-on-month and year-on-year, with the supply volume in 100 typical cities at 15.07 million square meters, a year-on-year decrease of 26.3%, but a month-on-month increase of 43.4%.
Shimao Group Advances Offshore Debt Restructuring
Express News | Update in Relation to the Restructuring of Offshore Debt
Statistics Bureau: From January to November, national Real Estate Development investment decreased by 10.4% year-on-year.
Today, the National Bureau of Statistics released data showing that from January to November, national Real Estate Development investment was 9363.4 billion yuan, a year-on-year decrease of 10.4%; among which, Residence investment was 7119 billion yuan, a decrease of 10.5%.
Express News | Shimao Group - Controlling Shareholder Provided Loans of HK$3,963 Mln
Express News | Shimao Group - Scheme Creditors Holding 80.72% in Principal Amount of in-Scope Debt Have Demonstrated Their Support to Proposed Restructuring