# Evergrande sells property services stake for $513M

https://www.scmp.com/business/banking-finance/article/3372681/evergrande-liquidators-sell-controlling-stake-property-services-unit-us513-million

Evergrande liquidators sell 51.016% stake in property services unit for US$513.6 million. Sale to PAG aims to recover assets for creditors owed US$46 billion. The property management arm was backed by bank deposits used as loan collateral.

Image: https://cdn.i-scmp.com/sites/default/files/styles/1280x720/public/d8/images/canvas/2026/10/30/d7c6781b-33b3-4034-918d-00f1cad5bdc2_6dc4133d.jpg?itok=fUgoxLGj&v=1793337812

#property #services #investment #china

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Created: 2026-10-30T05:32:18.177614+00:00

Last edited: 2026-10-30T05:32:18.177614+00:00

Board: 3

Origin: Syndicated

Original source: https://www.scmp.com/business/banking-finance/article/3372681/evergrande-liquidators-sell-controlling-stake-property-services-unit-us513-million