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Logan Property's July contracted sales rises 11.7% YOY to 9.31B yuan

Logan Property Holdings Co. Ltd.'s contracted sales amounted to about 9.31 billion yuan in July, up 11.7% year over year.

The unaudited figure translates to approximately 651,000 square meters of contracted gross floor sales area and a unit price of roughly 14,210 yuan, according to an Aug. 8 filing.

The Chinese developer's contracted sales for the seven months ended July 31 rose 24.7% to about 54.62 billion yuan, reflecting approximately 4,043,000 square meters of contracted gross floor sales area.

As of Aug. 8, US$1 was equivalent to 7.04 Chinese yuan.