Who was the first contemporary property sold to?

The first contemporary real estate was sold to Sunac.

Selling property companies is almost the "standard action" of housing enterprises that have recently encountered financial difficulties. Blu-ray Development transferred its listed property company Blu-ray Garbo to Country Garden, R&F Real Estate sold the property company to Country Garden, and Fantasia also sold some assets of its property company Color Life. The above-mentioned crisis-ridden top real estate enterprises are also interested in selling property companies, but their negotiations with Sheng Chuangzhan are deadlocked.

Contemporary home ownership has become another top 100 housing enterprises with debt default after Fantasia and Sony Holdings.

In fact, as early as 20021interim results announcement, contemporary home buyers exposed liquidity risk points such as low gross profit margin, high asset-liability ratio and rising financing cost. Subsequently, contemporary home buyers sold equity assets and extended debts many times to solve the liquidity problem, but they still did not avoid the storm of default.

As one of the top 100 real estate enterprises, contemporary home buyers have been keen on debt expansion, and the interest rate of issuing bonds in US dollars has reached a new high. It is reported that the company issued $65438+500 million of senior notes in February of 20 18, with the interest rate as high as 15.5%. Due to the high interest rate of issuing bonds, the interest expenses of contemporary home buyers in the first half of the year totaled 65.438+37.3 billion yuan, up 65.438+00.55% year-on-year.