trending Market Intelligence /marketintelligence/en/news-insights/trending/oa9weql_4ydn7r2kkksnhw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

China Overseas Land August sales surge YOY

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

China Overseas Land August sales surge YOY

China Overseas Land & Investment Ltd.'s contracted property sales for August totaled about HK$26.16 billion, up from the year-ago figure of HK$18.77 billion.

The figure corresponds to a gross floor area of about 1,266,200 square meters, compared to 1,182,300 square meters a year ago.

In the eight months through Aug. 31, the company, along with its units, logged contracted property sales of about HK$200.05 billion, corresponding to an accumulated sales area of about 10,927,800 square meters.

As at Aug. 31, the group had recorded subscribed property sales of about HK$42.44 billion.

For the reported month, the group paid about 10.10 billion yuan to purchase five land parcels in Nanjing, Zhengzhou, Yantai, Beijing and Harbin in China, encompassing a total attributable gross floor area of approximately 1,284,984 square meters.

As of Sept. 6, US$1 was equivalent to 6.84 yuan.