北京商报记者注意到，昌平南邵地块成功出让的同一时间，龙湖集团旗下龙湖龙智造官微发布消息称， 龙湖龙智造已与河北太行钢铁集团及北京恩祥集团达成签约，为昌平南邵地块提供项目建造管理服务。 龙湖龙智造代建板块再扩容。7月31日，北京新恩祥睿泽置业有限公司（以下简称"新恩祥睿泽"）以 13.69亿元的底价成功竞得北京昌平南邵地块，成交综合楼面价约1.5万元/平方米。据出让文件，昌平南 邵地块土地面积约为6.27万平方米，建筑控制规模约为9.03万平方米，容积率2.0，限高36米（局部45 米）。地块坐落于昌平区南邵镇北六环外区域，距离地铁昌平线北邵洼站约800米步行距离；西邻白浮 泉公园，东南方向约2公里对接蟒山国家森林公园；周边2公里范围内已有路劲世界广场商业体和清华附 中昌平学校等基础配套。 北京商报记者也向龙湖集团方面确认，对方回应称，未来该项目将由新恩祥睿泽、河北太行钢铁集团以 及龙湖龙智造三方合作打造，项目将由龙湖冠名，产品将按照"好房子"标准打造。 张凯认为，此举体现了政府在供应端对开发瓶颈的灵活应对策略。他表示，一方面，解绑前期过多的商 业用地以降低总投资门槛，减轻企业资金压力；另一方面，通过推进区域路 ...

Core Viewpoint - The real estate market in China is experiencing a significant downturn, with the top 100 real estate companies reporting a total sales revenue of 20,730.1 billion yuan from January to July 2025, reflecting a year-on-year decline of 13.3% [1] Group 1: Sales Performance - In July 2025, the sales revenue of the top 100 real estate companies also saw a decline, with a year-on-year drop of 18.2% [1] - The average sales revenue for the top 10 real estate companies in the first seven months was 1,010.3 billion yuan, down 13.6% year-on-year [2] - Among the top 20 real estate companies, only seven firms, including Jianfa Real Estate and Yuexiu Property, reported an increase in sales, while the rest experienced varying degrees of decline [2][3] Group 2: Company Rankings and Changes - Companies like Jindi Group and New Town Holdings saw their sales drop by over 50%, causing them to fall out of the top 20 rankings [3] - Poly Developments, China Overseas Property, and China Resources Land experienced sales declines between 10% and 20%, aligning with industry trends [4] - The top 20 real estate companies saw a reshuffling in rankings, with nine companies improving their positions, while six companies, including Vanke and Longfor Group, saw their rankings decline [4] Group 3: Future Market Outlook - The Central Political Bureau's recent meeting emphasized maintaining policy continuity and stability, suggesting that more supportive measures may be introduced to stabilize the market [5] - The new housing market is expected to continue experiencing low transaction volumes in August, with significant differentiation between cities and projects [5]

Group 1 - Beijing successfully sold a residential land parcel in Changping District for a base price of 1.369 billion yuan, with a comprehensive floor price of 15,156 yuan per square meter [1] - The land parcel covers an area of 62,700 square meters and has a total construction scale of 90,300 square meters, integrating residential, educational, and commercial functions [1][2] - The winning bidder, Xin En Xiang Rui Ze Real Estate Co., Ltd., is a private real estate company established in May 2025, with 99% ownership held by Hebei Wuan City Mingfang Real Estate Development Co., Ltd. [1] Group 2 - The land is located in the North Shao Town area, approximately 800 meters from the North Shao Wa station on the Changping Line, indicating convenient transportation [2] - The area surrounding the land is less mature compared to the core area of Changping, with a current market acceptance rate of about 51% for new developments [2] - The land transaction signifies a notable shift in the development model for Beijing's suburban areas, emphasizing the integration of public facilities such as education and energy in real estate projects [3]

地块由龙湖代建 据出让文件，昌平南邵地块土地面积约为6.27万平方米，建筑控制规模约为9.03万平方米，容积率2.0， 限高36米（局部45米）。地块坐落于昌平区南邵镇北六环外区域，距离地铁昌平线北邵洼站约800米步 行距离；西邻白浮泉公园，东南方向约2公里对接蟒山国家森林公园；周边2公里范围内已有路劲世界广 场商业体和清华附中昌平学校等基础配套。 北京商报记者注意到，昌平南邵地块成功出让的同一时间，龙湖集团旗下龙湖龙智造官微发布消息称， 龙湖龙智造已与河北太行钢铁集团及北京恩祥集团达成签约，为昌平南邵地块提供项目建造管理服务。 北京商报记者也向龙湖集团方面确认，对方回应称，未来该项目将由新恩祥睿泽、河北太行钢铁集团以 及龙湖龙智造三方合作打造，项目将由龙湖冠名，产品将按照"好房子"标准打造。 龙湖龙智造代建板块再扩容。7月31日，北京新恩祥睿泽置业有限公司（以下简称"新恩祥睿泽"）以 13.69亿元的底价成功竞得北京昌平南邵地块，成交综合楼面价约1.5万元/平方米。北京商报记者注意 到，就在该地块成交的同一时间，龙湖集团旗下代建品牌龙智造与河北太行钢铁集团及北京恩祥集团达 成签约，将为昌平南邵地块提供项目建 ...

目前已签约400余家品牌，其中首店占比超40%，涵盖零售、餐饮、娱乐、科技等全业态。 7月30日消息，龙湖济南西城天街将于10月31日正式开幕。 据悉，龙湖济南西城天街位于槐荫区经十路以北、腊山河以东，紧邻地铁4号线"腊山河西站"，总建筑 面积约15.76万㎡，是目前山东体量最大的龙湖天街项目，也是济南第3座、山东第4座龙湖天街。 龙湖济南西城天街目前已签约400余家品牌，其中首店占比超40%，涵盖零售、餐饮、娱乐、科技等全 业态。 (济南日报、山东商业网) ...

Group 1 - The core index of the China Trading Service Real Estate Index (CESCPD) experienced a slight decline of 0.01%, closing at 1417.95 points with a trading volume of 2.491 billion [1] - Over the past month, the CESCPD index has increased by 8.47%, by 9.17% over the last three months, and has risen 16.00% year-to-date [1] - The CESCPD index tracks the overall performance of publicly listed companies in the mainland real estate development, services, management, and park industries within the Hong Kong Stock Connect [1] Group 2 - The top ten weighted stocks in the CESCPD index include China Resources Land (10.41%), China Overseas Development (9.49%), Beike-W (8.86%), Longfor Group (8.68%), China Resources Mixc Lifestyle (7.62%), Country Garden Services (4.86%), Sunac China (4.67%), China Jinmao (4.12%), Wanwu Cloud (3.99%), and Poly Property (3.65%) [1] - The CESCPD index is fully composed of stocks listed on the Hong Kong Stock Exchange, with a 100% allocation [1] - The index's holdings are entirely focused on the real estate sector, with a 100% allocation to this industry [1]

Core Viewpoint - The China Securities Index for Hong Kong Stock Connect Real Estate has shown significant growth, with a 7.01% increase over the past month, 15.91% over the past three months, and 18.44% year-to-date [1]. Group 1: Index Performance - The China Securities Index for Hong Kong Stock Connect Real Estate reported a value of 1695.45 points [1]. - The index is based on a sample of up to 50 eligible Hong Kong-listed companies that reflect the overall performance of the real estate sector [1]. - The index was established on November 14, 2014, with a base value of 3000.0 points [1]. Group 2: Index Holdings - The top ten weighted companies in the index are: - Sun Hung Kai Properties (13.94%) - Beike-W (12.87%) - China Resources Land (10.89%) - Cheung Kong Property (7.85%) - China Overseas Land & Investment (6.39%) - Wharf Real Estate Investment (4.71%) - Sino Land (4.29%) - Henderson Land Development (4.11%) - Longfor Group (3.01%) - Wharf Holdings (2.87%) [1]. - The index's holdings are entirely composed of companies listed on the Hong Kong Stock Exchange, with a 100% allocation [1]. Group 3: Sample Adjustment - The index sample is adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [2]. - In special circumstances, the index may undergo temporary adjustments, such as when a sample company is delisted [2]. - New companies that rank in the top ten by market capitalization in the relevant industry and qualify for the Stock Connect will be added to the index on the eleventh trading day after their inclusion in the Stock Connect [2].

Group 1 - The core viewpoint highlights the ongoing development of commercial real estate, particularly in retail, with various companies expanding their operations and enhancing consumer experiences through innovative strategies [3][5][8] - Multiple cities are implementing or enhancing tax refund policies to stimulate inbound consumption, with notable examples including Guangzhou and Dalian, which have introduced convenient tax refund services for foreign tourists [5][6] - Companies like China Resources and Poly are expanding their commercial footprints through strategic partnerships and new project developments, targeting both core cities and emerging markets [10][11] Group 2 - Alibaba is raising funds to support its international e-commerce and cloud computing businesses, while competitors like JD.com and Meituan are intensifying their efforts in instant retail [4][28] - The REITs market is experiencing significant activity, with several companies, including Cinda and China Overseas, pushing for the listing and expansion of quality assets, indicating a robust interest from investors [31][33] - High-end brands are innovating their retail experiences, as seen with LV's unique store concept in Shanghai, which has attracted considerable foot traffic and consumer interest [19][21] Group 3 - The retail landscape is evolving with brands like Ba Wang Cha Ji and Lao Xiang Ji expanding into Hong Kong, indicating a trend of brands using the city as a launchpad for global expansion [18][24] - Nike is facing challenges in the Chinese market, with a reported 13% decline in revenue, while luxury brands are leveraging experiential marketing to attract consumers [19][20] - Community-focused commercial projects are on the rise, with new concepts like DT-X aiming to enhance local shopping experiences and meet consumer demands for convenience [17][18]

Core Viewpoint - Longfor Group Holdings Limited has demonstrated resilience in its property investment strategy despite the impact of the pandemic, achieving significant growth in rental income and expanding its operational footprint across multiple cities in China [1][2]. Group 1: Financial Performance - For the first half of 2020, Longfor Group reported a rental income of 3.36 billion yuan, representing a year-on-year increase of 30.4% [1]. - The revenue breakdown from property investment includes 77.4% from shopping malls, 21.8% from rental housing, and 0.8% from other sources [1]. - As of June 30, 2020, Longfor's commercial properties had an overall occupancy rate of 94.7%, with 40 shopping malls opened across 25 cities, totaling a built area of 3.87 million square meters [1]. Group 2: Business Expansion and Innovation - Longfor Group's new shopping mall, Nanjing Longwan Tianjie, opened in June 2020 with a rental rate of 99%, attracting over 460,000 visitors and generating total sales of 35.1 million yuan within three days [1]. - The company is actively exploring new business models such as "online live streaming," "outdoor operations," and "night economy" to adapt to changing consumer behaviors and enhance revenue post-pandemic [1]. - Longfor's rental housing business, Longfor Guan Yu, has opened operations in over 30 high-potential cities, with a total of 79,000 rooms available and an occupancy rate of 88.6% for properties open for more than six months [2]. Group 3: Strategic Outlook - Longfor Group remains optimistic about its investment property segment, indicating that short-term challenges will not deter its long-term growth strategy [2]. - The company aims to continuously refine its space creation and service offerings to foster better connections between people and spaces, thereby enhancing its growth potential [2].

Group 1 - Longfor Group is launching its first commercial complex in Xiaoshan, Hangzhou, with a total commercial area of 97,000 square meters, expected to open in 2029 [1] - Link REIT's CEO, Wang Guolong, will step down by the end of June 2026, and the board will initiate a search for his successor [1] - The Beijing government is promoting a summer and National Day film viewing event with a total subsidy exceeding 10 million yuan, covering over 270 cinemas [1] Group 2 - China Duty Free Group's stock surged, with A-shares hitting a limit up at 70.84 yuan per share, following the announcement of Hainan Free Trade Port's closure on December 18, 2025 [1] - The Hainan Free Trade Zone and duty-free sectors experienced a collective surge in stock prices, with several companies reaching their daily price limits [1] Group 3 - The Taihe Building in Shanghai was successfully auctioned for 659.7 million yuan, with an assessed value of approximately 942.4 million yuan [3] - The building has a total area of 25,471 square meters, with an operational above-ground area of 18,275 square meters, translating to a unit price of about 36,098 yuan per square meter [3]