Realtors jump onto bond bandwagon

Cheaper rates, removal of restrictions proving highly attractive to companies, say experts

Real estate companies are flocking to the domestic bond market to raise funds, as more lenders are offering cheaper rates and previous restrictions on issues have ended.

About 60 listed property companies have announced plans to issue bonds this year for a cumulative amount of 250 billion yuan ($39 billion), according to data provided by Centaline Property Agency.