News tagged debt
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REI mulls whole portfolio disposal as sales look set to clear debts by Q4
Chief executive Paul Bassi said "a debt-free portfolio will attract regional property company buyers", as the REIT reported paying off a further £5m of debt from sales proceeds since the end of last year. The post REI mulls whole portfolio disposal as sales look set to clear debts by Q4 appeared first on Property Week.
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Roxburgh joins Axel Logistics in new role of debt capital markets principal
She joins from M7 and is the latest in a string of appointments for ICG Real Estate's expanding metropolitan logistics arm. The post Roxburgh joins Axel Logistics in new role of debt capital markets principal appeared first on Property Week.
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AY completes ‘transformational’ recapitalisation as it eyes accelerated UK growth
The deal deleverages the company's balance sheet debt-to-EBITDA ratio and reduces its debt and preferred equity by nearly 70%. The post AY completes ‘transformational’ recapitalisation as it eyes accelerated UK growth appeared first on Property Week.
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National Wealth Fund kickstarts first Scottish AI Growth Zone development
The guarantee backs £300m of debt raised from a syndicate of commercial lenders to fund two DataVita data centre developments in North Lanarkshire. The post National Wealth Fund kickstarts first Scottish AI Growth Zone development appeared first on Property Week.
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McGee plunges into the red after ‘bad debt’ on hotel job
McGee has cited a “bad debt on a London hotel project” after reporting a £2.8m pre-tax loss in its latest annual accounts. The London-based engineering specialist also saw its turnover drop by 11 per cent to £134m in the 12 months to 30 November 2025.… The post McGee plunges into the red after ‘bad debt’ on hotel job appeared first on Construction News.
Resources tagged debt
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YFTB: Case Study 2 - Little Experience with No Capital
YFTB - Development Lending, Little Experience with No Capital.
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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.
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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
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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”
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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".
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