Real Estate Sector Has $650 Billion of Debt Due Next Year: Chart

December 5, 2023, 8:43 AM UTC

The real estate and construction sectors, burdened with commercial vacancies and unsold residential properties, have about $650 billion of loans and bonds globally due next year. Almost half the tally is from the Asia-Pacific, where developers are trying to extend debt payments and the troubles have hurt the credit outlook for China. In Europe, firms such as Vonovia SE face funding challenges and are trying to raise money by disposing of assets.

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Jacqueline Poh in London at jpoh39@bloomberg.net

To contact the editors responsible for this story:
Helene Durand at hdurand8@bloomberg.net

Neil Chatterjee ...

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