综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

BIZCHINA / Top Biz News

Lean times ahead for property developers
(China Daily)
Updated: 2006-07-26 08:26

A recent report from Wind Information Co, an independent research firm, suggested 30 per cent of the 2,000 or so property developers in Shanghai would quit the market before the end of 2006.

Even the largest developers will have to drastically adjust their business strategy in light of the new government measures and revised bank lending policies.

Shanghai Greenland Group, one of the country's five largest property development companies, with annual sales in excess of 15 billion yuan(US$1.8billion), is fast tracking plans to raise capital in international markets.

According to Zhang Yuliang, president of Shanghai Greenland, credit tightening is "wreaking havoc" on property markets across the country. He admitted that sluggish sales have put the brakes on the company's previously rapid expansion. In the past two years, a more than 40 billion yuan (US$5 billion) spending spree has seen Shanghai Greenland extended its property development portfolio to 17 cities, including Beijing, Xuzhou and Changzhou.

But sales of Greenland properties in 16 of those cities have plummeted by up to 50 per cent since government measures to cool the market came into effect. In some cities, sales tumbled by 60 to 70 per cent, Zhang said.

"We are keen on raising additional capital in the near future," he adds. "We hope we can attract investment from some of the larger international property trusts." And he has reason to be optimistic  last year, Shanghai Greenland secured a 700 million yuan (US$87.5 million) loan from Germany's Hypo Real Estate Bank International.


Page: 123

(For more biz stories, please visit Industry Updates)

 
 

兴业县| 宜兰市| 永福县| 内乡县| 扎兰屯市| 怀化市| 册亨县| 潢川县| 宁津县| 南充市| 宜章县| 秦安县| 江永县| 娄底市| 秭归县| 灵川县| 定州市| 密云县| 文安县| 昌吉市| 峨眉山市| 凌海市| 扬中市| 石河子市| 维西| 大港区| 稻城县| 广宗县| 区。| 旬邑县| 张家界市| 库车县| 洛扎县| 聂荣县| 南丹县| 新河县| 和田市| 铁力市| 宁强县| 黄大仙区| 水城县|