Property News · November 6, 2017

Chinese banks being tempted into residential leasing market


China Construction Bank, China’s second-largest commercial bank by assets, has made its first foray into the country’s residential leasing market – a sector with solid state endorsement and which has already attracted surging interests from banks, developers and asset managers.
The lender’s Shenzhen branch has signed agreements with 11 developers, including majors China Vanke, Evergrande Group, China Merchants Property, to help it lease some 5,481 units of rental homes…

Source : South China Morning Post
Read more…Chinese banks being tempted into residential leasing market

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