New Announcement
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Bloor St. W. Road Closure - Saturday, February 5
Dear ⬛⬛⬛⬛⬛⬛⬛⬛ Residents,
Please be aware that the closure of Bloor St. W. has once again been postponed and will take place...
Welp, I can admit when I'm wrong. This is very bad news for this project. Plus I heard
1. Shanghai Municipal Investment Group is still looking to sell their current stake in Greenland.
2. Greenland has not defaulted on their September bond but has defaulted on their commercial acceptance...
All the developers who are defaulting are 民营 or non state-owned. Greenland is partially state-owned by the Chinese government so I wouldn't worry at this point, not yet at least. They are indeed selling their hotel projects (not just in Canada, but in Australia as well) to ease their quick ratio...