this post was submitted on 20 Nov 2025
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Evergrande’s iconic Canadian hotel to be sold after default (www.scmp.com)
submitted 13 hours ago by rss@news.abolish.capital to c/china@news.abolish.capital
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China Evergrande Group’s famous log-cabin hotel in Quebec, Canada, has been placed in receivership after the defaulted real estate developer failed to make payments on its debt. Fairmont Le Chateau Montebello, which has hosted luminaries including Grace Kelly and Margaret Thatcher, would be put up for sale by PricewaterhouseCoopers LLP, the court-appointed receiver, according to documents filed this week on the accounting firm’s website. Evergrande’s collapse was by far the biggest in a property...

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