China’s state-owned banks are seeking to boost the country’s struggling property sector with more than $30bn in new credit lines.
The state banks’ loans are the first significant offering to developers after regulators decided on a support package last week that was widely interpreted as a turning point for the sector.
The 16-point property relief measures were officially published on Wednesday.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
