YUEXIU PROPERTY(HK:00123) Ge Long Hui·2025-10-30 11:07Core Viewpoint - Yuexiu Property (00123.HK) successfully acquired two residential land parcels in Guangzhou and one in Chengdu through public bidding, indicating a strategic expansion in key urban areas in China [1][2]. Group 1: Guangzhou Land Acquisition - Yuexiu Property, through its subsidiary Guangzhou Tianyue Real Estate Development Co., successfully bid for two adjacent land parcels in Guangzhou's Tianhe District for RMB 12.78 billion and RMB 22.05 billion [1]. - The land parcels in Guangzhou Tianhe District, referred to as "Guangzhou Tianhe Guotang Land," have respective areas of approximately 19,670.68 square meters and 33,467.77 square meters, with total construction areas of about 62,452.37 square meters and 105,491.11 square meters [1]. - The planned use for the Guangzhou Tianhe Guotang land is residential, with the properties intended for sale [1]. Group 2: Chengdu Land Acquisition - The Chengdu land parcel, acquired through Chengdu Yuesui Real Estate Development Co., was successfully bid for RMB 13.2 billion, located in the Chenghua District [2]. - The Chengdu land parcel covers an area of approximately 40,038.52 square meters, with a total construction area of about 115,173.66 square meters and a planned construction area of approximately 80,077 square meters [2]. - This Chengdu site is strategically located near the core of the Chenghua District, close to established commercial and medical facilities, enhancing its attractiveness for residential development [2].