China State Firm to Sell 20 Shanghai Office Towers in Downturn

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A major state-owned landlord in Shanghai is offering to sell most of its office buildings for at least 30 billion yuan ($4.1 billion), people familiar said, underscoring the severity of the city’s commercial property downturn.

China State Firm to Sell 20 Shanghai Office Towers in DownturnAsian Stocks Set to Track US Higher, Led By Japan: Markets WrapRussia’s Sovcomflot Is Renaming Oil Tankers Hit by US SanctionsUK’s Second Biggest Mortgage Lender Pulls Offers Over Flood RiskDistressed Korea Builder Taeyoung Faces Debt Restructuring Vote€500 Billion Enriches and Divides Europe’s Former Communist EastChina’s Factory Activity Holds Up, Signaling Recovery Has LegsFirst 2024 Canada carbon rebates will be deposited today...

growth slowed sharply last quarter to 1.

 

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