Hong Kong property loan pipeline heat up

The pipeline for property-related loans in city has ballooned to $13.2 billion as developers scramble to spice up funding, countering policy makers’ efforts to rein in a very market that continues to skyrocket.

Potential funding for the real-estate sector accounts for quite forty p.c of total future volumes within the town, consistent with knowledge compiled by Bloomberg. one among the foremost obvious deals may be a HK$33 billion ($4.22 billion) package for a Chinese consortium’s purchase of a landmark workplace tower, that can be the biggest property loan in city since 2015.
Volumes Surge half-moon

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