Proactively reducing debt, LONGFOR GROUP repaid 9.45 billion HKD in syndicated loans ahead of schedule.

On December 18, LONGFOR GROUP repaid 1.05 billion Hong Kong dollars of Overseas syndicated loans in advance. It is reported that after this repayment, LONGFOR GROUP has fully repaid the 9.45 billion Hong Kong dollars syndicated loan that was due on January 2, 2025, ahead of schedule. Public information shows that, in addition to repaying Overseas syndicated loans early, LONGFOR GROUP has fulfilled the domestic Bonds payment of 11.7 billion yuan as scheduled since 2024, and has repaid CMBS of 7.2 billion yuan early. Just recently, on December 9, LONGFOR GROUP successfully completed the principal repayment and interest payment of the "21 LONGFOR Expansion MTN001" Bond, involving a total amount of approximately 1.03 billion yuan.

Gelonghui FinanceDec 20 20:14

Express News | LONGFOR GROUP has repaid 1.05 billion Hong Kong dollars in syndicate loans on December 18.

BreakingsDec 20 17:23

Daily Real Estate Industry News Summary (2024-12-20)

Recently, after several regions officially announced that commodity housing will be priced based on usable area, "cancellation of shared area" has once again become a trending keyword.

Golden10 DataDec 20 15:41

MIDLAND HOLDING: Hong Kong property prices are expected to "counterattack" next year, with an estimated increase of around 5%.

MIDLAND HOLDING expects that next year Hong Kong property prices are likely to "rebound," reversing a three-year decline, with an increase of about 5%, and rents rising another 6%.

Zhitong FinanceDec 19 16:36

Daily summary of Real Estate Industry news (2024-12-19)

On December 17, Zhangjiakou City in Hebei issued a policy to encourage the implementation of "direct sales of existing properties," gradually advancing the "cancellation of public space allocation"; previously, Hengyang City in Hunan clarified that the sales of commercial housing are priced based on the usable area, and currently the "cancellation of public space allocation" is beginning to take effect in multiple locations.

Golden10 DataDec 19 15:51

Mainland Real Estate stocks fell with the market, ZHONGLIANG HLDG (02772) decreased by 5.79%. Institutions expect that December transactions will continue to recover.

Jinwu Finance | Mainland Real Estate stocks decline with the market, ZHONGLIANG HLDG (02772) down 5.79%, CHINA VANKE (02202) down 4.2%, RADIANCE HLDGS (09993) down 3.32%, CHINA JINMAO (00817) down 2.97%, CHINA OVERSEAS (00688), LONGFOR GROUP (00960), CHINA RES LAND (01109) down over 1%. The Pacific Securities Research indicates that in November, the sales volume and sales area of commercial housing nationwide turned positive year-on-year, with buyers' confidence in purchasing homes recovering, showing signs of market improvement. Funding availability in Real Estate has improved, as December is generally a time for developers.

King's Financial NewsDec 19 13:20