Gaw secures 18-month loan extension amid China property stress

Roundup: Gaw Wins Extension on Shanghai Office Loan

Shanghai salvation leads today’s look at real estate headlines from around the region, as Gaw Capital is said to win an extension on an office debt. Also making the headlines, US investor Ares wins backing from a pair of Abu... Read More>> The post Gaw Wins Extension on Shanghai Office Loan and More Asia Real Estate Headlines appeared first on Mingtiandi.

Gaw secures 18-month loan extension amid China property stress

Hong-Kong-based private equity firm Gaw Capital Partners has obtained a last minute 18-month extension on a property-backed loan originally due on Monday, according to a report by Bloomberg citing people familiar with the matter. The facility in question is backed by a life science park in Shanghai, with the possibility for another 18-month extension if certain conditions are met. The wait for regulatory approval means it will initially be a one…