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China Vanke Co (SHE: 000002) continued to be the nation's largest real estate developer by revenue after selling ¥61 billion worth of properties in the first half of this year, according to a report released by China Real Estate Information Corp (Nasdaq: CRIC).
Evergrande Real Estate Group Ltd (HKG: 3333) emerged as the largest seller by sales volume, with 6.3 million m2 sold between January and June, the report added.
Top 10 Developers by Contract Value, 1H 2012
1. China Vanke Co: ¥61 billion
2. China Overseas Land & Investment Ltd (HKG: 0688): ¥54.3 billion
3. Poly Real Estate Group Co (SHA: 600048): ¥49.3 billion
4. Greenland Group: ¥45 billion
5. Evergrande Real Estate Group Ltd: ¥38 billion
6. Wanda Group: ¥36.5 billion
7. Shimao Property Holdings Ltd (HKG: 0813): ¥22.5 billion
8. China Resources Land Ltd (HKG: 1109): ¥20.6 billion
9. Greentown China Holdings Ltd (HKG: 3900): ¥17.9 billion
10. Longfor Properties Co (HKG: 0960): ¥17.4 billion
Top 10 Developers by Volume Sold, 1H 2012
1. Evergrande Real Estate Group Ltd: 6.3 million m2
2. China Vanke Co: 6.15 million m2
3. Greenland Group: 4.85 million m2
4. Poly Real Estate Group Co: 4.43 million m2
5. China Overseas Land & Investment Ltd: 3.96 million m2
6. Wanda Group: 2.98 million m2
7. Country Garden Holdings Co (HKG: 2007): 2.02 million m2
8. Shimao Property Holdings Ltd: 1.94 million m2
9. China Resources Land Ltd: 1.89 million m2
10. Longfor Properties Co: 1.83 million m2
$1 = ¥6.35
@2011 China Economy @ The China Perspective.
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