Yuexiu Property Sees Sales Surge Amid New Acquisitions

Yuexiu Property Co (HK:0123) has released an update.

Yuexiu Property Co reported a significant increase in its monthly contracted sales for October 2024, with a 46.8% year-on-year rise, although its accumulated sales for the year showed a decrease. The company also expanded its land holdings with acquisitions in Guangzhou, Beijing, and Chengdu, focusing on residential development. These strategic moves highlight Yuexiu’s efforts in navigating the property market amid fluctuating sales figures.

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