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The China Evergrande Group was a Chinese property developer, and it was the second largest in China by sales. [3] It was founded in 1996 by Hui Ka Yan (Xu Jiayin). It sold apartments mostly to upper- and middle-income dwellers.
Incorporated in 2007 as Global Logistic Properties, [10] it was subsequently listed on the Singapore Exchange in 2010 by co-founders Ming Mei and Jeffrey Howard Schwartz. [11] [12] Schwartz and Mei had both worked for American logistics real estate investment trust company Prologis; Schwartz was a chief executive and Mei launched the company's operations in China. [13]
As of 2010, China's real estate market is the largest in the world. [7][8] According to Bloomberg Economics estimates, the sector contributed to about 20% of China's GDP in 2023, [9] down from a peak of 24% in 2018. [10] As of 2023, real property accounts for 60% of Chinese household assets. [6]: 161.
Far East Organization远东机构. Far East Organization is the largest private real estate developer in Singapore. [1][2] Founded in 1960 by Ng Teng Fong, [3][4] the company has businesses in property development, retail, hospitality, [5] and food and beverage [6] brands in Asia and Australia. [7][8] Far East Organization operates in Singapore ...
UOL Group Limited. UOL Group Limited (Chinese: 华业集团有限公司; pinyin: Huáyè Jítuán Yǒuxiàn Gōngsī), is a Singaporean headquartered company focusing on investment, development and management of real estate across the Asia-Pacific region. The Wee Family, significant shareholders of United Overseas Bank are the largest ...
The Chinese property sector crisis is a current financial crisis sparked by the 2021 default of Evergrande Group. Evergrande, and other Chinese property developers, experienced financial stress in the wake of overbuilding and subsequent new Chinese regulations on these companies' debt limits. The crisis spread beyond Evergrande in 2021 to such ...
Sino Land's core business comprises the development of and investment in residential, office, industrial and retail properties and hotels in Mainland China, Hong Kong, Singapore and Australia. Its business is complemented by property management, security, car park operations and environmental services. [3]
Greenland Holdings Corp., Ltd. known as Greenland Group is a Chinese real estate developer.It was founded as a state-owned enterprise.As of 31 December 2016, the top 10 shareholders of the listed company owned a combined 88% shares, with some state-owned enterprises having invested in Greenland via private equity funds.