China Resources Land Reports September 2025 Contracted Sales of RMB17.6 Billion, Rental Income Up 13.6% YoY

Reuters
Oct 14
China Resources Land Reports September 2025 Contracted Sales of RMB17.6 Billion, Rental Income Up 13.6% YoY

China Resources Land Limited announced its unaudited operating figures for September 2025, reporting gross contracted sales of approximately RMB17.60 billion, a 4.2% increase year-on-year. However, contracted gross floor area $(GFA)$ for the month was about 0.610 million square meters, down 30.2% compared to the previous year. For the first nine months of 2025, gross contracted sales reached RMB154.40 billion, representing a 10.4% year-on-year decrease, with contracted GFA totaling 5.729 million square meters, down 24.1% year-on-year. The Group's recurring revenue in September was RMB4.10 billion, up 7.5% year-on-year, including rental income from investment properties of RMB2.76 billion, a 13.6% increase. Cumulative recurring revenue for the first nine months was RMB37.15 billion, up 7.7%, with rental income from investment properties rising 12.5% to RMB24.16 billion. The company emphasized that these preliminary figures are for information only and may differ from audited results.

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