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中指研究院:1-8月TOP100企业拿地总额6056亿元 同比增长28.0%
智通财经网·2025-08-29 13:04

Core Insights - The total land acquisition amount by the top 100 real estate companies reached 605.6 billion yuan from January to August 2025, representing a year-on-year increase of 28.0%, although the growth rate has narrowed by 6.3 percentage points compared to January to July 2025 [1] - The land market remains active, but there has been a decline in activity compared to July 2025, with state-owned enterprises dominating land acquisitions [1] - Among the top ten companies in land acquisition, eight are state-owned enterprises, while some private companies like Binjiang Group also made significant investments [1] Land Acquisition Overview - The top three companies in terms of new value added are Greentown China with 114.4 billion yuan, Poly Developments with 99.6 billion yuan, and China Overseas Land & Investment with 92.3 billion yuan [4] - The total new value added by the top 10 companies from January to August 2025 is 731.2 billion yuan, accounting for 43.6% of the total new value added by the top 100 companies, with a minimum threshold of 5.9 billion yuan for new value added [4] Regional Insights - In the Yangtze River Delta, the top 10 companies acquired land worth 182.4 billion yuan, leading among the four major city clusters, followed by Beijing-Tianjin-Hebei with 89.6 billion yuan, and Central and Western regions with 48.6 billion yuan [5] - The top land-acquiring companies in key cities include China Overseas Land & Investment in Hangzhou, China Overseas in Beijing, and Greentown China in Shanghai [7] High-Value Land Transactions - In August 2025, high-value land transactions were concentrated in Shenzhen and the Yangtze River Delta, with Shenzhen accounting for three of the top ten transactions, totaling 11.6 billion yuan [9] - The highest transaction was for a land parcel in Shenzhen's Xin'an Street, which sold for 8.6 billion yuan, setting a record for residential land prices in the Bao'an central area [9] Company Rankings - The top companies by land acquisition amount from January to August 2025 include China Overseas Land & Investment (54.2 billion yuan), Greentown China (52.7 billion yuan), and Poly Developments (44.0 billion yuan) [10] - The top companies by new value added include Greentown China (114.4 billion yuan), Poly Developments (99.6 billion yuan), and China Overseas Land & Investment (92.3 billion yuan) [16]