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The Hong Kong overall property registration volume in April reached 7,229 transactions, a 5-month high.
According to the comprehensive data from the Land Registry provided by Midland Realty Research Center, in April, the total property registrations in Hong Kong (including new private homes, second-hand Residences, new public housing, commercial shops, parking spaces, and Other) amounted to a total of 7,229, representing a month-on-month increase of approximately 8.5% compared to 6,661 in March, reaching a five-month high and surpassing the 7,000 mark for the first time since last November.
Landsea Green Life (01965.HK) intends to acquire properties in Nanjing through judicial auctions.
On May 2, Glacier Wall Street reported that Longfor Green Life (01965.HK) announced that Nanjing Longfor (an indirect wholly-owned subsidiary of the company) intends to bid for the properties in a judicial auction, which are currently owned by Longfor Group. Nanjing Longfor is willing to bid a maximum price of 27 million yuan for the possible acquisition in the judicial auction. The properties are located at No. 108, Jianye Road, Qinhuai District, Nanjing, China, and at No. 18, Fengfu Road, Building 10-11, Qinhuai District, Nanjing, China, with a total building area of approximately 3,479.97 square meters. The land use rights for these properties have been granted and will expire on September 21, 2047.
Express News | Landsea Green Life Service Co Ltd - Maximum Consideration for Possible Acquisition Is RMB27 Mln
Express News | Landsea Green Life Service - Unit Intends to Bid at Judicial Auction for Properties Currently Owned by Landsea Group
LANDSEA LIFE: 2024 ANNUAL REPORT
CITIC SEC: Quality and price matching may become a direction encouraged by policy. The property Sector has significant upward elasticity in the future.
The bank suggests that investors pay attention to the policy turning point in the Property Service Sector.
Press Release: Landsea Homes Announces Closing of Secondary Common Stock Offering
