How Chinese cities are transforming rental housing segment

Medical staff carry out checks on patients at a makeshift hospital treating Covid-19 patients in Wuhan in February. Photo: EPA-EFE

SHANGHAI: In late January, China’s social media platforms were abuzz with talk of the transformation of a makeshift hospital into apartments for talented professionals in Shandong province’s capital Jinan.

The development focused the real estate industry’s attention on the outlook for long-term rental apartments.