Property News · July 30, 2019

China’s top property developers to get bigger amid tightened funding, with mid and small firms forced to sell assets to survive


The latest tightening in funding might drive a fresh round of consolidation among mainland Chinese property developers, with an acceleration in acquisition of land and assets by the biggest players, analysts said.The biggest developers are expected to grow at the expense of smaller rivals, with their performance increasingly deviating from the industry average.“Foreign investors are too bearish about Chinese developers … they see slower sales and heightened government curbs. But what they may…

Source : South China Morning Post
Read more…China’s top property developers to get bigger amid tightened funding, with mid and small firms forced to sell assets to survive

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