中指研究院：前九月重点房企拿地总额同比增长36.7%

Core Insights - The total land acquisition amount by the top 100 real estate companies in China reached 727.8 billion yuan from January to September 2025, representing a year-on-year increase of 36.7%, with the growth rate expanding by 8.7 percentage points compared to January to August 2025 [1] Group 1 - In September, several real estate companies acquired large-scale land through mergers and acquisitions, contributing to the significant year-on-year increase in land acquisition [1] - Among the top ten companies by land acquisition amount in September, eight are state-owned enterprises [1] - High-value land parcels were primarily concentrated in major cities such as Beijing, Shanghai, and Xiamen [1]