Moodys Upgrades Jiayuan Internationals Corporate Family Rating to ”B2” Reflecting Capital Markets Recognition
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Moodys Upgrades Jiayuan Internationals Corporate Family Rating to ”B2” Reflecting Capital Markets Recognition

Jiayuan International Group Limited (“Jiayuan International” or the “Group”; SEHK stock code: 02768), an established property developer of both large-scale residential and integrated commercial complex projects in China, is pleased to announce that a prestigious international credit rating agency Moody’s Investors Service (“Moody’s”) has upgraded the Group’s corporate family rating to “B2” with a stable outlook.

Greater Central Rents Record Largest Quarterly Drop in Seven Years Amid Weak dDemand
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Greater Central Rents Record Largest Quarterly Drop in Seven Years Amid Weak dDemand

Grade A office rents in Greater Central softened significantly in Q3 against a backdrop of weak leasing demand in core areas and a continuing trend of MNCs relocating to non-core areas. A slew of pre-leasing transactions agreed well before the social unrest commenced, contributed to an overall positive absorption, but in general, tenants held off committing to relocations or expansion in the face of growing economic and social instability.

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