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China Vanke September sales rise YOY


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China Vanke September sales rise YOY

China Vanke Co. Ltd.'s sales amounted to 25.38 billion Chinese yuan in September, up from 24.42 billion yuan a year ago.

The sales figure for September represented 2,134,000 square meters. For the first nine months, the company recorded 262.9 billion yuan of accumulated sales by selling 19,921,000 square meters of space.

Since its sales update for August, China Vanke also acquired varying equity interests in five new real estate projects in China for a combined land premium of around 4.14 billion yuan.

As of Oct. 10, US$1 was equivalent to 6.71 Chinese yuan.