Property News · April 4, 2018

Chinese developers warn more rentals will hammer margins


Thousands of new rental properties are set to be rolled out across China over the next three years, as part of a national effort to keep surging home prices under control.
Major mainland Chinese developers including Country Garden, China Vanke, Longfor, Poly Real Estate and China Overseas Land & Investment have all confirmed they are expanding their leasing portfolios in a bid to echo President Xi Jinping’s hopes that more homes should be built “to be inhabited, and not for…

Source : South China Morning Post
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