China races to solve $190 billion property threat as leases end [etleboro.org]

China races to solve $190 billion property threat as leases end

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TheStraitsTimes Singapore 1h

China races to solve $190 billion property threat as leases end

BEIJING – China is tackling a problem that has plagued its real estate sector for years: a ticking time bomb of expiring leases that has scuttled deals and left investors facing the risk of heavy losses. Scores of office towers, shopping malls and warehouses sit on land with dwindling lease terms, »»»

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China races to solve $190 billion property threat as leases end

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China races to solve $190 billion property threat as leases end

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