Space Station secures £48m PGIM loan to expand self-storage platform

The new loan refinances the fast-growing firm's debt with its established institutional lender. The post Space Station secures £48m PGIM loan to expand self-storage platform appeared first on Property Week.

Vistry launches voluntary exit scheme for staff

Swathe of job cuts loom as staff offered route out as debt reduction becomes top priority

Crest moved to secure Ardmore debt before moratorium filings

Crest Nicholson obtained interim orders over Ardmore-linked property assets to secure a £15.7m debt weeks before Ardmore Group and other firms yesterday filed for creditor protection. Court documents seen by Construction News show that interim “charging orders” were made last month over properties owned by… The post Crest moved to secure Ardmore debt before moratorium filings appeared first on Construction News.

‘The next generation starts with a mortgage-like debt – without the house’

The Architects’ Journal ‘The next generation starts with a mortgage-like debt – without the house’ The grim financial realities for future architects need to be talked about – but there are potential answers, argues Del Hossain The post ‘The next generation starts with a mortgage-like debt – without the house’ appeared first on The Architects’ Journal Richard Waite

Springfield wipes out debt and moves focus to north of Scotland opportunities

Housebuilder expects revenue of £245m in FY26 trading update

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".