Landlords told TechNode that house rental platform Ziroom has been demanding cuts in its rent, and walking away from leases if they refuse.
PropTech
Apartment rental firm Danke has repaid $201 million in loans to WeBank
WeBank has been repaid $201 million through a plan announced in December to transfer debt from tenants to the Danke rental platform.
China Tech Investor: The boom and bust of China’s ‘second landlords,’ with Capucine Cogné
China’s “second landlord” platforms have seen a dramatic rise and fall. What led to their fall from grace and who stands to benfit as the industry consolidates?