Distress
Frankfurt court opens insolvency proceedings for developer Benchmark
The firm specialises in office, hotel and residential projects
Evergrande delisted from Hong Kong stock exchange
Cancellation made after firm failed to restart trading of its shares within 18 months
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Hamburg court opens insolvency proceedings for Magna Real Estate units
Eight businesses of the developer affected
Revetas Capital takes over management of $4bn US portfolio
The portfolio is held by German pension funds and other investors
Future of 300 shops in doubt as Claire’s enters administration
Interpath appointed a week after US arm files for bankruptcy