Struggling landlords and developers are seeking leeway on coverage from their lenders — mostly in vain.
Category: Real Estate (Commercial)
Cement Is a Big Polluter. A Plant in Norway Hopes to Clean It Up.
Heidelberg Materials is betting it can profit from an expensive process that will reduce the carbon dioxide emitted from one of the world’s most polluting industries.
Fearing Losses, Banks Are Quietly Dumping Real Estate Loans
If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.
Office Buildings’ Losses Are Growing, With More Pain to Come
The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago.
Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers
The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. It’s not clear how quickly other companies will fill the gap.
As Graffiti Moves From Eyesore to Amenity, Landlords Try to Cash In
Brands, developers and even city officials are embracing the global appeal of street art, but the boom comes with questions about preserving a neighborhood’s cultural cachet.
Cities Face Cutbacks as Commercial Real Estate Prices Tumble
Lost tax revenue fuels concerns over an urban ‘doom loop.’
How China Built BYD, Its Tesla Killer
The leading Chinese electric vehicle company, with origins as a battery maker, has posted two years of million-car growth in sales.
After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’
The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.
Real Estate Giant China Evergrande Will Be Liquidated
After multiple delays and even a few faint glimmers of hope, a Hong Kong court has sounded the death knell for what was once China’s biggest real estate firm.