Vanke a sales break billions will challenge commercial real estate

NetEase Financial December 2, Vanke a Thursday evening issued a notice said, as of December 1, the company has achieved sales area of 8.307 million square meters, sales amount of 100.06 billion yuan. The announcement shows that November 2010, Vanke to achieve sales area of 970,000 square meters, sales amount of 12.87 billion yuan, the year-on-year growth of 86.6% and 146.3%; 2010 1-November,　　Cumulative realization of sales area of 8.288 million square meters, sales amount of 99.81 billion yuan, as of December 1, 2010, the cumulative sales area of 8.307 million square meters, sales amount of 100.06 billion yuan.　　In fact, for Vanke, the scale of residential property expansion is not the most important thing.　　Vanke Dong-Tan Huajie has publicly said that Vanke's current "teacher" has been shifted from Pardi (the largest U.S. residential company) to HSBC, saying that it will learn from HSBC's adaptability to various market environments. Although Vanke said 2011 will continue to adhere to the Yangtze River Delta, the Pearl River Delta, the Bohai Sea, the Midwest City Economic Circle Focus strategy, but Vanke has clearly shown in the commercial real estate strategic layout, including the acquisition of 1.15 billion yuan Beijing CBD win Kerry Center.　　October, Vanke involved in tourism real estate, will invest 6 billion yuan in Nanchong to create a national 4 A-level tourist attractions. In fact, the commercial property sector is not as fragrant as it looks. In the Department of Housing Construction, the Ministry of Land, the central bank and other policy makers successively issued a series of policies and measures to regulate the real estate market, poly Real Estate, Cade, green land and other large real estate companies began to copy bottom commercial real estate.　　Vanke no longer "focus on residential property", is about to do is how the once-frustrated commercial real estate sector to win back the site. In addition, the announcement showed that since the October 2010 sales briefing, Vanke has added 7 new projects, details are as follows: 1. Shenzhen Vanke Red Project. The project is located to the west of Shenzhen Longgang District Road, north of Hui Kang Road. The project covers an area of about 31,000 square meters with a volume rate of 4.8 and a total area of 150,000 square meters.　　Vanke owns the project 50% rights and interests, to pay the early demolition compensation and transaction price of 317 million yuan. 2. Guangzhou Science City Kxcd-e2 Project. The project is located in the Guangzhou area to create the main road and the south side of the River Road, west of Green Banyan Road. The project covers an area of about 178,000 square meters with a volume rate of 2.5 and a total area of 441,000 square meters.　　Vanke owns the project 100% interest, pay the premium payment of 2.44 billion yuan. 3. 2nd, north of Xian Lake, Nanjing. The project is located in Nanjing Qixia District Road East, the Moon Road North. The project covers an area of about 92,000 square meters with a volume rate of 2.2 and a total area of 201,000 square meters.　　Vanke has 100% interest in the project, and needs to pay 860 million yuan for the transaction price. 4. Beijing Northwest Wang C1 block. The project is located in Haidian District, Beijing northwest Wang Zhen tangjialing。 The project covers an area of about 85,000 square meters with a volume rate of 2.2 and a total area of 187,000 square meters.　　Vanke owns the project 49% interest, pay the premium payment of 1.83 billion yuan. 5. Beijing Northwest Wang C3 block. The project is located in Haidian District, Beijing, northwest Wang Town tangjialing. The project covers an area of about 53,000 square meters with a volume rate of 1.7 and a total area of 93,000 square meters.　　Vanke owns the project 49% interest, pay the premium payment of 730 million yuan. 6. Tianjin Zhangguizhuang Project. The project is located south of Tianjin Dongli District Zhangguizhuang Road, west of Dengzhou Road. The project covers an area of about 91,000 square meters with a volume rate of 1.9 and a total area of 173,000 square meters.　　Vanke owns the project 49% interest, pay the premium payment of 290 million yuan. 7. Shenyang Changbai Road Project. The project is located in Shenyang Heping District, Changbai New Town, north of Changbai Road. The project covers an area of about 120,000 square meters with a volume rate of 3.0 and a total area of 361,000 square meters. Vanke owns the project 100% interest, pay the premium payment of 970 million yuan.