trending Market Intelligence /marketintelligence/en/news-insights/trending/uf5xsUlsVA0HTUyV0tklrw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Evergrande, Renhe Commercial ink over-1B-yuan deal

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Evergrande, Renhe Commercial ink over-1B-yuan deal

is buying four projects in the Chinese mainland city of Harbin from troubleddeveloper Renhe CommercialHoldings Co. for more than 1 billion Chinese yuan, reportedlymaking it the biggest-ever real estate acquisition in northeastern China,according to an April 5 article from DBW.cn.

Theportfolio is located in the core area of Qunli New District in Harbin and spansacross 1,796,000 square meters of gross floor area. It includes threeresidential schemes already in sale and one land parcel designated forcommercial use, according to the news outlet, an official website authorized bythe Heilongjiang provincial government.

Thetransaction brings the number of Evergrande's projects in the province to morethan 20.

RenheCommercial's subsidiary Harbin Shenghe Real Estate Co. Ltd. owns the projects.The parent firm issued a profitwarning in March and later launcheda US$1.00 billion sale of some Chinese malls amid a bleak outlook on thecommercial real estate market in China.

As of April 5, US$1 wasequivalent to 6.47 Chinese yuan.