Safestay sells Glasgow Charing Cross hostel for £5.1m

The proceeds will be used to cut debt, support working capital and strengthen the group’s balance sheet. The post Safestay sells Glasgow Charing Cross hostel for £5.1m appeared first on Property Week.

LondonMetric reports record rental income and earnings growth, despite fall in profits

Chief executive Andrew Jones highlighted "a new record" for rental income, but costs associated with corporate acquisitions and debt repayment led to a fall in profit. The post LondonMetric reports record rental income and earnings growth, despite fall in profits appeared first on Property Week.

MPs ‘not convinced’ Heathrow’s £49bn third runway will be financed entirely with private funds

MPs have expressed doubt that Heathrow’s planned third runway will be funded with private finance considering, the price tag put on the infrastructure works and the amount of debt the airport is currently in. The post MPs ‘not convinced’ Heathrow’s £49bn third runway will be financed entirely with private funds appeared first on New Civil Engineer.

Keltbray boosts margin as headcount falls

Keltbray improved its margin as its slimmed-down business made redundancies and slashed debt. Pre-tax profit at Keltbray Built Environment hit £20.1m in the year to 31 October 2025, audited accounts seen by Construction News show. The figure was up from £3.2m in the prior year.… The post Keltbray boosts margin as headcount falls appeared first on Construction News.

Defunct Laing O’Rourke firm ‘could’ pay back slice of £127m debt

A Laing O’Rourke subsidiary that appointed liquidators last year could pay out some of the money it owed its creditors when it collapsed. Liquidators for Laing O’Rourke Construction South Ltd (LORCS) said some of the £127.2m owed to unsecured creditors could make its way back… The post Defunct Laing O’Rourke firm ‘could’ pay back slice of £127m debt appeared first on Construction News.

YFTB: Case Study 2 - Little Experience with No Capital

YFTB - Development Lending, Little Experience with No Capital.

Bloomberg Quicktake - The Myth of the Chinese Debt Trap in Africa, 18032022

Over the past two decades, China has built large infrastructure projects in almost every country in Africa, making Western powers uncomfortable amid wider concerns about Beijing’s investments across the continent. However, a deeper look shows that accusations of so-called debt trap diplomacy turn out to be unfounded.

FT - Is China's economic model broken? 15102021

Since the early 2000s some China watchers have been predicting that the building boom would lead to a crash. Twenty years on they may have been proven right. Global China editor James Kynge and Beijing correspondent Sun Yu discuss what is happening in it's real estate sector, what that could do to China’s economy and means for the world. Reference is made to Evergrande's financial woes and the transition from Real Estate to investment in renewables as an alternative sector for economic growth

CNBC - Chinese property giant Evergrande has a huge debt problem – here's why you should care

Chinese real estate developer Evergrande faced its biggest crisis yet in September 2021, spooking markets and prompting comparisons to the collapse of U.S. investment bank Lehman Brothers in 2008. Since the company’s founding in 1996 it has accumulated more than $300 billion in debt, making it the world’s most indebted developer. “As Evergrande teeters on the edge of default, the collapse would have grave consequences for hundreds of thousands of property buyers and retail customers”

Bloomberg - Evergrande Is Not a 'Lehman Moment,' Oxford's Magnus Says

George Magnus, Oxford University China Centre associate, says financial markets are "probably right" to be relaxed about the contagion stemming from China Evergrande Group’s debt crisis. He speaks with Bloomberg's David Westin on "Balance of Power".