Country Garden Snaps Up Property Assets From Partners Amid Market Turmoil

Property giant Country Garden Holdings Co. Ltd. has been picking up assets by the dozen from its partners, a sign that it is one of the few big private developers that have managed to avoid major liquidity issues.

The acquisitions illustrate how the healthier companies in China’s battered real estate industry are taking advantage, albeit cautiously, of the market turmoil to increase their property holdings, in line with government policy.