Guangzhou International Airport R&F Integrated Logistics Park in Guangzhou. Photo: SCMP Handout Guangzhou International Airport R&F Integrated Logistics Park in Guangzhou. Photo: SCMP Handout
Guangzhou International Airport R&F Integrated Logistics Park in Guangzhou. Photo: SCMP Handout
China property

R&F Properties sells majority stake in bay area logistics park for US$1.1 billion as China’s indebted developers look to offload assets

  • The developer is in breach of all three ‘red lines’ laid down in new government regulations aimed at curbing the build-up of debt
  • Savills predicts that debt reduction will be one of the major trends in the Chinese property market this year

Topic |   China property
Guangzhou International Airport R&F Integrated Logistics Park in Guangzhou. Photo: SCMP Handout Guangzhou International Airport R&F Integrated Logistics Park in Guangzhou. Photo: SCMP Handout
Guangzhou International Airport R&F Integrated Logistics Park in Guangzhou. Photo: SCMP Handout
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