subject: CRI Report: Top 50 in Chinese Real Estate Industry 2010 [print this page] CRI Report: Top 50 in Chinese Real Estate Industry 2010
In 2009-2010, influenced by policy support, lax lending, rigid demand, inflation expectations and other factors, China's real estate market forcefully recovered.
In 2009, the investment value for the development of China's real estate industry was CNY 3623.20 billion, increasing by 16.10% YOY. New construction areas reached 1.15 billion m2, increasing by 12.50% YOY; areas being constructed were 3,196 million m2, increasing by 12.80% YOY.(source: Research Report on China's Top 50 Real Estate Enterprises, 2011-2012)
In 2010, real estate development enterprises in China still actively purchased lands. In January-October 2010, China's real estate development enterprises had finished purchasing lands of 328 million m2, increasing by 36.20% YOY. And the purchase expense of the lands was CNY 800.60 billion, increasing by 79.20%.
In January-October 2010, investment for the development of China' real estate industry was CNY 3,807 billion, increasing by 36.50% YOY, among which that of commodity houses was CNY 2,668.30 billion, increasing by 33.80% and accounting for 70.10% of the total investment.
In January-October 2010, construction areas of China's real estate development enterprises were 3.70 billion m2, increasing by 28.30% YOY, while new construction areas were 1.32 billion m2, increasing by 61.90%; completed construction areas were 420 million m2, increasing by 11.40%, among which residential buildings were 340 million m2, increasing by 9%.
In 2009, with the strong recovery of China's real estate market, rapid growth of sales achievement of real estate enterprises and their outstanding performance in financing and land reserve, the annual sales value of 27 real estate enterprises in China topped CNY 10 billion.
In 2009-2010, the number of real estate development enterprises in China exceeded 30,000, while average annual sales value of these enterprises was less than CNY 150 million, and annual sales areas of commodity houses were less than 40,000 m2. However, there is still a batch of leading real estate enterprises in China, whose annual sales value and sales areas as well as overall strength far exceed the average level of the industry. In "Research Report on China's Top 50 Real Estate Enterprises, 2011-2012", 50 leading enterprises in China's real estate industry in 2009-2010 are studied on and their operations and development strategies are shown.
Through Research Report on China's Top 50 Real Estate Enterprises, 2011-2012, readers can acquire more following information:
-Development of China's real estate industry
-Introduction of top 50 enterprises in China's real estate industry and their operations
-Leading enterprises of sub-industries of China's real estate industry
-Development strategies of leading enterprises in China's real estate industry
Following persons are suggested to buy this report:
-Real estate development enterprises
-Real Estate Brokerage Firms
-Related enterprises of real estate industry
-Investors concerned about China's real estate industry
-Research institutions concerned about China's real estate industry
