Core Viewpoint - The total land acquisition amount by the top 100 real estate companies reached 847.8 billion yuan from January to November, showing a year-on-year growth of 14.1%, although the growth rate has significantly slowed compared to the previous months [1][4]. Group 1: Land Acquisition Trends - The land acquisition enthusiasm among companies has decreased as the year-end approaches, with companies being more cautious in their land purchases [5]. - State-owned enterprises (SOEs) dominate the land acquisition landscape, with 8 out of the top 10 companies being SOEs [5]. - The top three companies by new value added are China Overseas Land & Investment (1,963 billion yuan), China Merchants Shekou (1,833 billion yuan), and Greentown China (1,293 billion yuan) [5]. Group 2: Regional Focus - The Yangtze River Delta region leads in land acquisition, with the top 10 companies acquiring 273.8 billion yuan, followed by the Beijing-Tianjin-Hebei region at 106 billion yuan, and the central and western regions at 60.2 billion yuan [5]. - In major cities, SOEs and local state-owned enterprises remain the primary players, while private enterprises are focusing on supplementing land reserves in key areas [6]. Group 3: Private Enterprises Activity - In November, private real estate companies were notably active in land acquisition, primarily in first- and second-tier cities, focusing on their core advantageous areas [7]. - Specific notable acquisitions include a plot in Beijing's Chaoyang District won by Maoyuan Real Estate for 5.024 billion yuan and several plots in Shanghai acquired by Jiayun Real Estate and Dahua Group [7]. - Private companies are increasingly favoring joint ventures for land acquisition to mitigate market uncertainties and share risks [7][8].
前11月重点房企拿地总额同比增长14.1%,年末民营房企拿地较为活跃
券商中国·2025-11-29 14:43