Cominar Real Estate Investment Trust : * COMINAR ISSUES UNITHOLDER PRESENTATION REITERATING COMPELLING REASONS TO VOTE FOR ACQUISITION BY CANDEREL-LED CONSORTIUM FOR $11.75 PER UNIT IN CASH Source text for Eikon: Further company coverage:
Walker & Dunlop Inc (WD): * WALKER & DUNLOP ARRANGES $36 MILLION IN FINANCING FOR LUXURY MIXED-USE BUILDING IN BROOKLYN Source text for Eikon: Further company coverage:
Essential Properties Realty Trust Inc (EPRT) : * ESSENTIAL PROPERTIES REALTY TRUST, INC. INCREASES QUARTERLY DIVIDEND TO $0.26 PER SHARE, A 4.0% INCREASE OVER PRIOR QUARTER Source text for Eikon: Further company coverage:
The Biden administration wants to shed new light on transactions where people pay cash for houses as part of a broad anti-corruption drive being promoted at the U.S. Summit for Democracy, officials said. In June, President Joe Biden ordered officials to craft policies to thwart illegal activities.
China Evergrande Group (EGRNF): * RESOLVED TO ESTABLISH A RISK MANAGEMENT COMMITTEE OF CHINA EVERGRANDE GROUP Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2021/1206/2021120601521.pdf Further company coverage:
* Evergrande plummets on debt warning, contagion fears increase. * PBOC cuts RRR ratio for second time this year. * South African rand surges on hopes Omicron symptoms are mild. By Ambar Warrick.
* Says some funds will be used to repay maturing MLF loans. * Will step up support for small firms, lower funding costs. * Economy faces rising headwinds on property downturn, COVID. By Stella Qiu and Kevin Yao.
A Chinese newspaper run by the State Council, or cabinet, warned the market against "simplistic" interpretations of monetary policy moves as easing expectations gathered steam, suggesting China is not about to unleash a huge wave of credit in panic.
Chinese developer Sunshine 100
China Holdings Ltd said on Monday it had defaulted on a $170 million dollar bond due to liquidity issues. The announcement comes days after bigger rival China
Evergrande Group (EGRNF) said there was no guarantee it would have enough funds to meet debt repayments.
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