Chinese real estate giant Evergrande Group, which is deeply trapped in the debt crisis, is 7.543 billion yuan (the same, about 14.47Singapore RMB Singapore) Sell a commercial plot located in Shenzhen, and is expected to record a loss of approximately 163 million yuan in this transaction.Not According to Surging News, Evergrande issued an announcement on Monday (November 28) that the buyer of this land was Shenzhen Anhe No.1 Real Estate Corporation.Anhe No. 1 is a limited liability company established in China, mainly engaged in real estate construction business.Not According to the announcement, the land is located in the southeast corner of the intersection of Shenzhen Shenwan Third Road and Baishi Fourth Road. The land area is 10376.82 square meters. It is used for commercial service development.Not Shenzhen Public Resources Trading Center announced earlier that the land has been idle since September 2021.Not Evergrande is in the credit crisis center that affects the entire Chinese real estate industry and inhibits China's growth.The company conducted a series of asset sales transactions.Not According to Bloomberg last week, the company plans to communicate with creditors as soon as the first week of December to communicate the last period of its setting.
