Replying to Avatar TheBitcoinManual

I am waiting to see who will pick up the distressed assets coz country garden ain't looking to good either, who would have been the obvious choice to gobble up the portfolio

Looks pretty bleak for the individual investor, i'd be suprised if they get anything back, probably going to get locked into some government scheme that will pay them out in x years or give them preference on a new development to keep the peace

Would love to get some on the ground reporting though

Avatar
Diego Valley 2y ago

I just read an article that a subsidiary of country garden is selling off London assets

Reply to this note

Please Login to reply.

Discussion

Avatar
TheBitcoinManual 2y ago

Pop the link in this thread, always keen to keep up with this trend, I think its bigger than they making it out to be, the chinese economy is not looking good

Avatar
Diego Valley 2y ago

https://www.reuters.com/business/chinas-country-garden-looks-sell-570-million-london-development-2024-01-31/

Thread collapsed
Thread collapsed