The Shanghai Henderson CIFI The Roof, a commercial complex in Xintiandi district designed by Pritzker Architecture Prize winner Jean Nouvel, is among assets the developer is looking to sell. Photo: Weibo
Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion yuan bond fails to take off
- Selling good-quality assets means the developer is really tight on funds, analyst says
- Shanghai-based firm has failed to generate interest in note backed by state-owned China Bond Insurance Corporation
The Shanghai Henderson CIFI The Roof, a commercial complex in Xintiandi district designed by Pritzker Architecture Prize winner Jean Nouvel, is among assets the developer is looking to sell. Photo: Weibo
