Recent events
Recent events tied to this brand in public sources.
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2021
Yuexiu Property affiliate enters into HK$450 million revolving credit facility
Yuexiu Property said its wholly owned subsidiary Hongjing entered into a financing agreement with a bank for a multi-currency revolving credit facility equivalent to HK$450 million, with a one-year term.
2021
Yuexiu Property halted its planned acquisition of China Evergrande Centre
Yuexiu Property halted its planned acquisition of China Evergrande Centre in late August, after its board opposed the deal amid concerns about Evergrande’s debt difficulties.
2021
Guangzhou Metro investment vehicle agrees to invest RMB 330 million in Yuexiu Services
Yuexiu Property disclosed that its company, a wholly owned subsidiary, a wholly owned subsidiary of Yuexiu Services, and Guangzhou Metro's investment vehicle entered into an investment agreement. The investment vehicle agreed to subscribe for about 90.36 million Yuexiu Services shares for RMB 330 million, representing approximately 8.15% of its equity.
2020
Yuexiu Property wins Quality China Real Estate Enterprise Award
Yuexiu Property won the Quality China Real Estate Enterprise Award at a ceremony held at the Chinese General Chamber of Commerce in Hong Kong.
2020
Xuhui Group and Yuexiu Property sign strategic cooperation agreement
Xuhui Group and Yuexiu Property signed a strategic cooperation agreement to pursue cooperation across their business areas nationwide, including assets, projects and financing.
2020
Yuexiu Property secures options to acquire 51% stakes in two metro property projects
Yuexiu Property obtained options to acquire 51% equity interests and related initial loan interests in two new project companies for metro property projects in Guangzhou.
2020
Yuexiu Property reports 2019 results
Yuexiu Property released its 2019 results on March 10, reporting revenue of about RMB38.34 billion and core net profit of about RMB3.51 billion, up 24.8% year on year.