Since December, “Park House” tenants in various areas of Shenzhen have received eviction notices one after another, involving more than 10 stores including Longhua Guanlan Koi Commune, Longgang Five and Dafapu Commune. A relevant person in charge of Boyu said that this liquidation mainly targets some inefficient or high-risk stock projects. It is a strategic adjustment by Vanke to focus on core high-quality assets and improve operational efficiency. It is not an overall contraction of the long-term rental apartment business.

Since December, “Park House” tenants in various areas of Shenzhen have received eviction notices one after another, involving more than 10 stores including Longhua Guanlan Koi Commune, Longgang Five and Dafapu Commune. A relevant person in charge of Boyu said that this liquidation mainly targets some inefficient or high-risk stock projects. It is a strategic adjustment by Vanke to focus on core high-quality assets and improve operational efficiency. It is not an overall contraction of the long-term rental apartment business.