trending Market Intelligence /marketintelligence/en/news-insights/trending/uo7hlowelsexb3wswg1pnw2 content esgSubNav
In This List

China Resources Land logs 61.7% YOY climb in July contracted sales

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


China Resources Land logs 61.7% YOY climb in July contracted sales

China Resources Land Ltd. logged roughly 21.39 billion yuan worth of contracted sales in July, up 61.7% year over year from 10.71 billion yuan.

The current amount represents approximately 788,158 square meters of gross floor area, a 20.1% decline from the 863,268 square meters of properties sold a year earlier.

During the period ended July 31, the Hong Kong-based real estate developer purchased seven land parcels across China for nearly 4.70 billion yuan, covering about 1,273,030 square meters of space.

As of Aug. 14, US$1 was equivalent to 6.88 yuan.