Logan and KWG Builders Near Completion of US$1.3 Billion Private Refinance Deal for The Corniche
Refinancing Overview
Chinese builders Logan and KWG are negotiating a private refinance deal worth US$1.3 billion for the successful project known as The Corniche.
Investor Interest
According to informed sources, the deal is attracting significant investor attention, with a targeted 13 percent annualized yield.
Market Implications
This move illustrates the persistent appetite for quality real estate ventures in China, even when market conditions are fluctuating.
Conclusion
As this refinance deal approaches completion, it may indicate a positive shift in funding availability for similar projects in the future.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.