Property

China developers flock to spin off property management arms

IPOs raise $5bn this year, favored by investors over debt-laden parent companies

20201118N Sunac

The property management unit of Sunac China debuted on the Hong Kong stock market on Nov. 19. © Reuters

NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent
November 19, 2020 11:52 JST
Updated on November 19, 2020 17:41 JST

HONG KONG -- China's indebted real estate developers are rushing to list their property management arms on stock exchanges, pushed by eager investors and Beijing's new restrictions on unbridled borrowing.

Read Next

Latest on Property

  • Property

    Saudi opens property sector to foreigners, as agents eye Asians

    Saudi opens property sector to foreigners, as agents eye Asians
  • Property

    Japan's Mitsubishi Estate joins US data center race with $15bn build-up

    Japan's Mitsubishi Estate joins US data center race with $15bn build-up
  • Property

    Tokyo to roll out affordable housing for families as rents soar

    Tokyo to roll out affordable housing for families as rents soar

    • Sponsored Content

    About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.