Guangdong – Hong Kong Greater Bay Area Holdings Limited (1396) has announced details of its approximately 1.4 million sq.m. undeveloped land bank, covering sites in Lanzhou, Jiamusi, Wuzhou, Liuzhou, Heze, and Mianyang. Most parcels have defined plans for warehousing, logistics, data centers, construction materials markets, and agricultural product markets, generally scheduled for development and revenue recognition from the fourth quarter of 2025 to 2027.
As of the announcement date, 15 pieces of land either have signed contracts or are in advanced negotiation stages for development. Only two parcels currently have no specific plans. Contracts signed with local government entities and large-scale corporations often involve drawn-out internal procedures for finalization, yet the company reports that preliminary design and construction work has already begun for many sites.
According to the announcement, the company remains confident in concluding contracts and recognizing revenue within anticipated timelines, given prior collaborations with the same entities and ongoing coordination on design, construction, and approval processes. The announcement was dated 31 October 2025.