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According to Zhongzhi Research Institute, the merger and acquisition activity in the real estate industry continued to increase in June.
According to Zhongzhi Research Institute monitoring, there were 17 merger and acquisition trades in the real estate industry in June 2024, an increase of 2 compared to the previous month.
Zhenro PPT (06158): The final deadline for the support agreement of the restructuring has been further extended to the afternoon of July 28th.
Zhengrong Real Estate (zhenro ppt) announced that the final deadline for the restructuring support agreement has been further extended to 11:59 pm on July 28, 2024 (Hong Kong time) according to the terms of the restructuring support agreement.
GF Sec: Land Activation Fund Established, New Home Sales Turn Positive year-on-year in early July.
GF sec released research reports stating that the state-owned assets supervision and administration commission has set up a special fund for land consolidation with a total size of 30 billion yuan and requires central SOEs to report pilot projects to try to solve the problem of long-term high inventory in the real estate market. On the local policy side, this week still mainly focuses on relaxing housing provident fund policies and providing housing subsidies to boost demand, and various regions are still exploring new policies to stimulate demand.
htsc: The land market supply and demand continues to be weak, focusing on real estate companies with core urban resources.
The land market is still weakly running in the first half of 2024, and the trend of shrinking volume continues, while the previously maintained rising transaction average price also decreased year-on-year in the first half of the year.
Zhenro Properties Group's June Sales Reach 594 Million Yuan
Zhenro Properties Group's (HKG:6158) contracted sales in June amounted to 594 million yuan with an aggregate gross floor area of 40,518 square meters, according to a Wednesday filing with the Hong Kon
Zhenro PPT (06158.HK) had a contract sales volume of approximately 594 million yuan in June.
As of June 30, 2024, the cumulative contracted sales amount of the group, joint ventures and associates of Zhenro PPT was about 594 million yuan, with a contracted sales area of approximately 40,518 square meters, and the average contracted sales price for the month was approximately RMB 14,700 per square meter. As of the six months ended June 30, 2024, the cumulative contracted sales amount of the group, joint ventures and associates was approximately RMB 3.424 billion, with a contracted sales area of approximately 247,313 square meters and an average contracted sales price of about RMB
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