Hong Kong stressed/distressed property report: weaker property developers forced asset sellers amid refinancing woes – Insights

    Hong Kong stressed/distressed property report: weaker property developers forced asset sellers amid refinancing woes – Insights

    The Hong Kong commercial property market has been in a slump since mid-2019, making banks increasingly wary of refinancing the sector over the past few years, especially those that are smaller second and third-tier developers. As a result, some second and third-tier developers as well as private investors have been forced to sell property to…

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