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#RealEstate

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> Vanke is among several major Chinese property firms mired in a debt crisis in recent years that has left developers in severe financial distress.

> Troubled property developers #Kaisa and #CountryGarden -- both fending off winding up petitions in #HongKong courts -- also reported losses separately.

> Kaisa said on Monday that its losses for the year grew 48.4 percent to $4.03 billion in 2024. today.rtl.lu/news/business-and #SouthEastAsia #Malaysia #Thailand #realestate #China #economy

today.rtl.luChina property giant Vanke reports annual loss of $6.8 bn

China property giant Vanke reports annual loss of $6.8 bn

> #HongKong-listed #Vanke is part-owned by the government of #Shenzhen and was #China's fourth-largest #realestate firm by sales last year, according to research firm CRIC.

> Vanke has seen [..] the resignation of its CEO [..] the company said was "due to health reasons".

> That month, Chinese outlet the Economic Reporter cited sources as saying Zhu had been "taken away by public security authorities" today.rtl.lu/news/business-and #economy

today.rtl.luChina property giant Vanke reports annual loss of $6.8 bn

Donald Trump’s real estate company to build a commercial tower in Pune. What we know timesofupdate.com/donald-trump The real estate firm of the president of the United States, Donald Trump, is planning its first commercial tower in the western city of Pune, since it seeks to set up a boom in the demand for office space in the most populous nation in the world. The expansion in India, the largest marke… #Business #CommercialTower #Company #DonaldTrump #Pune #RealEstate

In his interview with Laura Ingraham on #FauxNews tonight, #Trump also talked about how he envisions an economic partnership with #Russia might go. “They have some very valuable things for us,” he said, “including very big forms of rare earth.” He described Russia’s land mass as “a big chunk of #RealEstate, the biggest” & said “they have things that we could use, frankly.”

#geopolitics #USpol #kleptocracy #kakistocracy #Europe #Ukraine #NATO #alliance #NewWorldOrder
nytimes.com/live/2025/03/18/us

The New York Times · Trump Live Updates: News on Chief Justice Roberts, Russia-Ukraine and Elon MuskBy Adam Liptak

End of an era: Motel revamped as art studios will be torn down for highrises
A brightly coloured throwback to the 1950s, the City Centre Motor Hotel on Vancouver's Main Street has been a landmark for a long time. Currently used as artist studios, the building will be torn down to make way for two highrise apartments.
#building #art #realestate #Vancouver #MainStreet #News
cbc.ca/news/canada/british-col

Miami Beach mayor seeks to evict cinema for screening No Other Land
Miami Beach Mayor Steven Meiner has sought to evict an art house cinema from city property for screening Oscar-winning No Other Land, a film about the Israeli displacement of a Palestinian community in the Israeli-occupied West Bank.
#politics #cinema #lawsuit #realestate #MiamiBeach #WestBank
cbc.ca/news/world/miami-beach-