越秀地产(00123.HK)以11.94亿元竞得广州市番禺区大石街地块

Core Viewpoint - The company successfully acquired a residential land parcel in Panyu District, Guangzhou, for RMB 1.194 billion, enhancing its land reserves and strategic position in the region [1][2]. Group 1: Acquisition Details - The company, through its subsidiary Guangzhou Xinyue, won the bid for the land parcel located in Panyu District, Guangzhou, on October 28, 2025 [1]. - The land parcel covers an area of approximately 29,777 square meters, with a total construction area of about 114,771 square meters, including a buildable area of approximately 77,419 square meters [1]. - The land is designated for residential use, with plans to sell the residential properties developed on it [1]. Group 2: Location and Strategic Importance - The land parcel is situated in a densely populated area with a vibrant living atmosphere, located west of the New Light Expressway and north of the South Dagan Line [2]. - It is approximately 700 meters from the nearest subway stations, providing quick access to key areas such as Zhujiang New Town and Guangzhou South Station [2]. - The acquisition is viewed as a strategic move to bolster the company's quality land reserves and strengthen its position in Guangzhou [2].