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Real Estate Briefing - Categorized | Developers, Performance more

China’s largest property developer Vanke says sales double in November

Posted on 05 December 2012

China Vanke Co Ltd, the country’s largest real estate developer by turnover, more than doubled sales in November from a year earlier to 17.13 billion yuan ($2.75 billion). For the first 11 months, sales rose 9.9 percent to 127.2 billion yuan, it said in a statement to the Shenzhen stock exchange on Tuesday.
Vanke’s strong showing comes on the back of 12 new projects. It said earlier this year that it planned to roll out more new housing projects in the second half of the year especially in the fourth quarter………………………………………..Full Article: Source


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