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Mainland property firms consolidate, as prime land prices soar and policy controls continue to bite

  • Wed, 13 Sep 2017 14:11
Mainland China’s real estate market is consolidating fast, as bigger developers acquire smaller rivals in at effort to build up their land banks and grow market share, as it continues to get tougher to acquire prime government plots, amid tighter policy controls, according to a new report from PwC. In the first half of 2017, domestic real estate merger and acquisition (M&A) activity in the sector remained vibrant, as successful bidding prices soared to US$ 44.6 billion, up 78.5 per... South China Morning Post - China Business feed

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