Yuexiu Property (HKG:0123) recorded contracted sales of around 6.6 billion yuan in January, up 0.9% from the year-ago period.
The gross floor area rose by 1.7% to roughly 232,800 square meters, according to a Thursday disclosure with the Hong Kong Exchange.
Through a unit, the property company acquired an effective equity interest of around 95.48% in a land parcel in Guangzhou through an auction with a total planned GFA of 39,500 square meters. The firm's share in the land premium is around 839 million yuan.
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