Find in the news:
BY COUNTRY

Moody’s negativity on China property development



Moody’s Investors Service changed its credit outlook from stable to negative for Chinese developers.
This is due to a slowdown in the sales growth of home sales as cash flow weakens and stocks are rising. This is the first change by the credit rating provider on the Chinese property market since late 2012. The growth of home sales is set to decline to a maximum of 5% year-on-year over the next 12 months. This is much lower than the 27% growth shown last year.


Recent bank defaults have prompted a more selective approach in credit granting. This will affect the cash flow of developers who have weak credit facilities, Bloomberg says.


Government restrictions over the past four years to cool home sales, property construction and the housing market is slipping and has caused a slowdown on China’s economy which has seen the slowest growth in six quarters during the first quarter of this year.


Developers with high stock levels, weak sales capacity and limited access to funding will be most at risk.

New home prices saw a rise during April, while home sales declined 18% compared to March. Moody’s may reconsider its decision if the country shows improvement over the next 12 months.


More about shopping malls in China



Aug 15, 2018, Finland:
Mall of Tripla introduces fashion enthusiasts to five shops making their first move into the Nordic region.
Aug 9, 2018, United Arab Emirates:
Dubai Holding, Emaar launch new ‘tech-driven’ mall, nearly double the size of Dubai Mall.
Aug 8, 2018, USA:
Scottsdale Fashion Square to be the first property to open Industrious coworking location.
Aug 7, 2018, Italy:
Apple Piazza Liberty opened in Milan to thousands of customers with new retail store design.
Aug 1, 2018, USA:
The first Microsoft mirror appeared in the flagship store H&M on Times Square in New York.
Jul 27, 2018, United Arab Emirates:
The theme park is the part of the large-scale development of Yas Island in Abu Dhabi.
Friend
and Follow
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us