China Merchants Shekou reports strong August sales, expands land portfolio
China Merchants Shekou Industrial Zone Holdings reported strong sales performance for August 2025, with a contracted sales area of 518,600 square meters and a contracted sales value of CNY 19.455 bn. For the first eight months of 2025, cumulative contracted sales reached 4.4527 million square meters, totaling CNY 124.008 bn. The company cautioned that these figures are subject to potential variations in official reports and are provided for investor reference.
The company also disclosed four new project acquisitions since its July 2025 briefing. These include a residential plot in Shenzhen's Bao'an District (42,500 sqm land area, 145,000 sqm GFA, 55% equity, CNY 475.20m cost) and a residential plot in Xi'an's Chanba International Port (77,300 sqm land area, 154,600 sqm GFA, 100% equity, CNY 157.195m cost).
Additionally, China Merchants Shekou acquired two plots in Shanghai's Xuhui District: a mixed-use residential, commercial, office, and research plot (103,900 sqm land area, 455,100 sqm GFA, 35% equity, CNY 508.76m cost) and another residential plot (30,200 sqm land area, 79,100 sqm GFA, 55% equity, CNY 146.397m cost). These acquisitions cover all real estate projects in which the company participates, with equity percentages provided as a current reference.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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