Vanke's contract sales increased slightly to 438.22 billion in the first eight months, adding 16 new projects.

Published: Sep 3, 2020 08:22
Source: Viewpoint real estate network

SMM News: September 2, Vanke Enterprise Co., Ltd. announced August 2020 sales and recent new projects. According to the announcement, in August 2020, the company achieved a contract sales area of 4.229 million square meters, with a contract sales value of 58.72 billion yuan, an increase of 52.45% and 33.06% respectively over the same period last year.

From January to August 2020, Vanke achieved a total contract sales area of 28.939 million square meters, with a contract sales value of 438.22 billion yuan, an increase of 5.58% and 2.79% respectively over the same period last year.

According to the opinion real estate new media review announcement, since Vanke's July 2020 sales report was disclosed, it has added 13 new development projects, distributed in Shenzhen, Zhongshan, Hefei, Xuzhou, Shaoxing, Ningbo, Shenyang, Weifang, Harbin, Yantai and Xi'an, covering a total area of 1.033 million square meters, with a total floor area of 2.233 million square meters. Among them, Vanke occupies a total construction area of 1.559 million square meters, and the total price of rights and interests needs to be paid a total of 12.126 billion yuan.

In addition, Vanke added 3 new logistics real estate projects during the period, with an equity price of RMB 538 million.

The three logistics real estate projects are the Wanwei Kunshan Jingjing Development Park in Kunshan, the Wanwei Shanghai Songjiang Xinbang Cold chain Park in Shanghai, and the Wanwei Dongguan Changping Wisdom Industrial Park in Dongguan, with a total area of 215500 square meters and a construction area of 291800 square meters.

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Vanke's contract sales increased slightly to 438.22 billion in the first eight months, adding 16 new projects. - Shanghai Metals Market (SMM)