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Central China REIT's Q2 Sales Performance Disappoints

Central China Real Estate reports minimal year-over-year growth in September contracted sales.

2024-10-14 13:07:34
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C
entral China Real Estate Limited has released an update showing a modest year-on-year growth in contracted sales for September 2024, reaching RMB720 million with a 0.1% increase. The company's gross floor area saw a decline of 3.9%, while the average selling price per square meter rose by 4.2%. These unaudited figures indicate a significant year-on-year drop of 43.7% in total property contracted sales for the first nine months of 2024.

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Central China real estate investment trust reports disappointing Q2 sales figures in China.

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