Dubai Real Estate Market Review 31-Jan-2024
Below are the latest real estate news and transactions.
World's most indebted real estate developer ordered to liquidate
A Hong Kong court ordered the liquidation of China Evergrande, the world's most indebted developer, due to its failure to restructure $300 billion in debt. The company, facing insolvency, owes $25.4 billion to foreign creditors. Evergrande's chairman was detained amid the crisis. The impact…
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