绿地控股：前三季度房地产合同销售金额476.4亿元

Core Insights - Greenland Holdings (600606) reported a decline in real estate operations for Q3 2025, with no new projects initiated during the period [2] - The company experienced a significant drop in construction and sales metrics compared to the previous year [2] Group 1: Operational Performance - In Q3 2025, the company completed a construction area of 1.576 million square meters, a year-on-year decrease of 31.18% [2] - The contract sales area for the same period was 1.643 million square meters, down 7.96% year-on-year [2] - The sales amount for Q3 2025 was 13.745 billion yuan, reflecting a year-on-year decline of 16.30% [2] Group 2: Year-to-Date Performance - From January to September 2025, the new construction area was 491,000 square meters, a significant decrease of 55.44% year-on-year [2] - The total area completed and recorded for the same period was 3.814 million square meters, down 41.67% year-on-year [2] - The contract sales area for the first nine months was 5.374 million square meters, showing an increase of 13.04% year-on-year [2] - The total sales amount for the first three quarters was 47.64 billion yuan, a slight decline of 1.28% year-on-year [2] Group 3: Property Management - As of the end of September 2025, the company had a rental property area of 3.9413 million square meters, with an occupancy rate of 84.87% [2] - The company operates 7,460 hotel rooms, with an occupancy rate of 45.64% [2]