There has been little clarity over when – and how – property owners could extend these leases. That has been a big headache for the developers and global funds that once rushed to invest in the country’s real estate sector, prolonging a slump that has lasted more than five years. That has led the Hong Kong real estate conglomerate to explore options including offering buyers a partial stake in the Parkview Green property, one of the people said. Better dealAlthough officials in mainland China are finally addressing the concerns around expiring leases, some investors and property owners are still hoping for a better deal, said people familiar with the matter. The best chance for property owners to get an even bigger discount may come if and when Beijing issues a nationwide policy.