EvergrandeachievesRMB64.12bncontractedsalesin8M13,up27.1%YoY:Thisrepresents64.1%ofthecompany’sfullyearsalestargetofRMB100bn.Thecorrespondingcontractedsalesareawas9,462ksqm(up14.3%YoY)inthefirsteightmonthsof2013,translatingtoanASPofRMB6,776psm.InthesinglemonthofAugust,thecompanyachievedcontractedsalesofRMB11.4bn(up58.8%YoY)andanassociatedGFAof1,676ksqm(up41.8%YoY).TheaveragesellingpriceforAugustwasRMB6,803psm.(Companyannouncement)FranshionrecordspropertysalesofRMB9.43bnin8M13:InAugust,FranshionrealizedpropertysalesofRMB767.5mnwithGFAsoldof27,152sqm.
Overthefirsteightmonthsof2013,FranshionachievedcumulativecontractedpropertysalesofRMB9.427bnwithcorrespondingcontractedareasoldof363,447sqm.InAug2013,twolandplotswithattotalGFAof116,759sqminChangshaMeixiLakeweresoldatRMB480mn,takingtheYTDlandsalesvaluetoRMB4.117bn(c.1.402msmGFA).(Companyannouncement)GLPleases22,000sqmtotwoindustry-leadingmanufacturersinChina:GlobalLogisticPropertieshassignedleaseagreementstotaling22,000squaremeterstotwoindustry-leadingmanufacturersinChina.Tontec,aleadingmanufacturerofhigh-precisionmolds,hasleased11,000sqmatGLPParkCDHTinChengdu,MidwesternChina.Another11,000sqmatGLPSuzhou(Genway)hasbeenpre-leasedtoAPIGroup,agloballeaderinheattransfersolutions.(Companyannouncement)Shanghaiwilllauncharetail/officesiteforsaleatYuyuan:AccordingtoanannouncementfromShanghaiBureauofLandandResources,asiteatYuyuanwillbelistedforsaleanditsopeningpricehasmadearecordinShanghai.Theretail/officeplothasatotalsiteareaof11.5ksqmandaplotratioof4.36,translatingtoatotalGFAof50.4ksqm.ThestartingpriceisRMB1.46bnorRMB29,000psm.(Guandian)LandseasnapsupasiteinShanghaiFengxianforRMB845mn:Thiscommercial/residentialplothasatotalsiteareaof82.4ksqmandanestimatedGFAof164.8ksqm.TheaveragelandcostperGFAisaboutRMB5,127psm.
Accordingtotheplan,thecompanywilldevelopthissiteintoresidentialunits,commercialpropertiesandcarparks.Giventhesmallscaleofthegroup’soperationandtheimportanceofdiversifyingrisks,Landseaislookingforlocalpartnerstodevelopthissitetogether.(HKEJ)