天津的"卖地大戏"，越来越魔幻了。 这几年，拿地主角儿换了一茬又一茬。 现在的台柱子之一，竟然是原来在台下搬砖的。 卖菜、卖肉的，发现饭馆越来越少，菜肉卖不出去怎么办？干脆自己开个饭馆，自己给自己供货。不会炒菜没关系，招个厨子就行。 由于代建江湖竞争激烈，所以代建方话语权降低，地主方话语权提高。 对买房人来说，不仅要关注代建品牌，也要注重背后的"老板"。 另外，按常理，一个楼盘不仅要供应商有利润，房企也得有利润。 但如果是建筑企业拿地，若行情不好，主业有利润即可，只保一头。 那房价就很有竞争力了。天津的土地市场，出现"异动"！ 甲方没钱结账，就把房抵给乙方。 这些年大家经常看到一些工抵房在卖，都是乙方为了回款。 工抵房一般要打折才能卖的出去，乙方就很吃亏，弄不好房子砸手里。 更无语的，比如滨海的领航家园，竟然工抵了一整个小区，直接把乙方抵成了甲方。 乙方心想"我这还不如自己干呢！" ❷ 甲方不拿地，乙方没活干 近5年，房地产开工规模降了65%，拖垮不少建筑公司。 甲方躺平，乙方没生意，甚至连工资都发不出，唇亡齿寒。 ❸ 代建市场成熟度越来越高 甲方虽不拿地，但都在输出代建。 而且代建方越来越多，开始内卷，代建 ...

此次突发进入预申请流程，不知是哪家房企又打算在昌平屯粮了。 东小口01地块占地3.13公顷，规划建面8.77万元平米，容积率2.8，限高60米。 地块内需配建社区管理服务用房1处，地上建筑规模500平方米。 北京进深 徐迪 9月22日，昌平东小口镇0405-0001地块"空降"至预申请列表中。 起拍价28.09亿元，折合楼面价3.2万元/㎡。 预申请受理时间自截至2025年10月21日下午17:00。 这块地并不在月初发布的第七轮供地清单中，而在早已下线的第五轮清单上，当时还有另外两宗02、05地块，均未被激活。 东小口地块直线距离北五环3公里，挨着海淀和朝阳，往西能承接西二旗、后厂村的互联网新贵的外溢需求，向东可吃到望京商务区的红利。 在建的地铁13B号线建材城东站距离地块1公里左右，计划明年通车，向西5站直达西二旗；向东3站到望京。 再加上今年6月已开工建设的S7东北环线，减少到国贸CBD的换乘。 周边有西三旗万象汇、东小口城市休闲公园、东小口森林公园、贺新公园等设施，生活配套完善。 规划中的北京101中学也在地块附近，12年一贯制学校，填补区域优质教育资源的缺口。 在昌平，这块地的位置，是能跟朱辛庄叫板 ...

智通财经APP获悉，9月22日，克而瑞地产研究发布，从典型企业公布的2025上半年数据来看，存货账 面价值总计8.14万亿元，较2024年末的8.53万亿元下降4.6%。存货规模自2022年以来，已经连续多年呈 现负增长趋势，今年已步入第四年。从半年时间的下降幅度来看，对比2024上半年较期初下降5.1%的 降幅，存货总量规模下降节奏略有减缓。 从不同梯队来看，各梯队房企存货总量下降速度基本与去年相当，其中TOP31-50、TOP51-100房企降幅 最大，较年初下滑超7%，TOP10房企降幅最小，较年初下滑2.3%，主要由于头部房企投资、开工、去 化相对稳健，存货变动相对较小。从企业性质上看，2025上半年末央企存货总量基本与去年持平了，降 幅小于1%，主要由于今年上半年央企在核心城市择机获取较多优质地块。央企中中国金茂（00817）、 招商蛇口（001979.SZ）、华润置地（01109）的存货总量甚至较期初有不同程度的上涨。其中中国金茂 2025年上半年新增土地16幅，全部位于一二线城市，新增土储计容总建面145万平方米，项目总土地款 492亿元，拿地销售金额比达到0.92。且北京、上海两地投资324亿 ...

Market Overview - In the week of September 15-21, 2025, Kunming's real estate market saw an increase in supply as developers prepared for the upcoming National Day and Mid-Autumn Festival, with a supply volume of approximately 171,900 square meters, a significant increase of 292% week-on-week [1] - Transaction volume reached about 63,500 square meters, with a slight increase of 3% week-on-week, and the average transaction price remained stable at approximately 11,047 yuan per square meter [1] Sales Performance - The "Zhu You Shuang He Wan" project achieved notable sales, ranking third and second in sales volume, with a weekly sales amount of about 29 million yuan, selling 36 units at an average price of approximately 6,592 yuan per square meter [3] - "Bang Tai" projects, including "Bang Tai · Guan Yun" and "Bang Tai Ying Yue," dominated the top sales positions, with sales amounts of approximately 46 million yuan and 30 million yuan, respectively, and average prices of 18,849 yuan per square meter and 8,638 yuan per square meter [3] - "Long Hu · Feng Cui," located in the resort area, recorded the highest average price at approximately 21,117 yuan per square meter, with a weekly sales amount of about 26 million yuan [3] Project Launches - No new projects were launched last week, but five projects were re-launched, totaling 585 units, with a subscription of 97 units, resulting in an overall absorption rate of approximately 17% [5] - "Bang Tai Chun Hua Xu" launched 34 units with a high absorption rate of 41%, selling at an average price of approximately 10,000-10,500 yuan per square meter [5] - "Vanke" projects saw varied absorption rates, with "Vanke · Gui Yu Dong Fang" achieving a 23% absorption rate and "Vanke · Gong Yuan Cheng Shi" only 7% [5] Land Supply - There was no land supply or transactions in Kunming's main urban area last week [4] Infrastructure Development - The Kunming West Railway Station comprehensive transportation hub phase one construction project is set to begin, with a total construction area of approximately 58,600 square meters and an estimated investment of 850 million yuan [7][8]

9月22日，华侨城A盘中一度涨停，截至收盘，报2.7元/股，上涨8%，成交额近12亿元。消息面上，有 市场传闻称华侨城将进行公司重组，这可能是华侨城A开盘后迅速涨停的"导火索"。不过，记者以投资 者身份致电华侨城，接线工作人员表示，对公司股票当天涨停表示"讶异"，另外公司重组属于重大事 项，若有相关信息将发布公告，"现在我们没有收到相关的信息。"（21财经） ...

9月22日，华侨城A（000069.SZ）盘中一度涨停，尾盘打开涨停，截至收盘，报2.7元/股，上涨8%，成 交额近12亿元。 消息面上，9月19日华侨城A连发多则公告，宣布公司"换帅"等事宜。公告中明确董事长张振高先生和 副董事长、总裁刘凤喜先生离任，并选举吴秉琪担任公司第九届董事会董事长，在总裁职务空缺期间由 吴秉琪代行总裁职责。 华侨城集团有限公司创立于1985年，是国务院国资委直接管理的大型中央企业，总部设在深圳，已形成 以文化、旅游、房地产为主业的发展格局，在境内外拥有华侨城A、云南旅游、华侨城（亚洲）3家上 市公司。 （文章来源：21世纪经济报道） 此外，有市场传闻称华侨城将进行公司重组，这可能是华侨城A开盘后迅速涨停的"导火索"。 不过，9月22日，21财经·南财快讯记者以投资者身份致电华侨城，接线工作人员表示，对公司股票当天 涨停表示"讶异"，另外公司重组属于重大事项，若有相关信息将发布公告，"现在我们没有收到相关的 信息。" 2025年中报显示，上半年华侨城营收同比下降50.8%至113.2亿元，归母净亏损飙升至28.7亿元，同比增 亏18.1亿元。此前华侨城已连续三年处于净利润亏损状态。2 ...

从履历上看，吴秉琪曾长期在华润置地工作，担任过华润置地副总裁、华润深圳公司总经理等职务，后 来又加入中国建筑，担任过中国建筑东北区域总部总经理、中国建筑集团有限公司助理总经理等职务， 是一位深耕地产行业30余年的职业经理人。 此外，有市场传闻称华侨城将进行公司重组，这可能是华侨城A开盘后迅速涨停的"导火索"。 9月22日，华侨城A（000069.SZ）盘中一度涨停，尾盘打开涨停，截至收盘，报2.7元/股，上涨8%，成 交额近12亿元。 消息面上，9月19日华侨城A连发多则公告，宣布公司"换帅"等事宜。公告中明确董事长张振高先生和 副董事长、总裁刘凤喜先生离任，并选举吴秉琪担任公司第九届董事会董事长，在总裁职务空缺期间由 吴秉琪代行总裁职责。 2025年中报显示，上半年华侨城营收同比下降50.8%至113.2亿元，归母净亏损飙升至28.7亿元，同比增 亏18.1亿元。此前华侨城已连续三年处于净利润亏损状态。2022至2024年，华侨城累计亏损超260亿 元，对公司经营形成了较大压力。 华侨城集团有限公司创立于1985年，是国务院国资委直接管理的大型中央企业，总部设在深圳，已形成 以文化、旅游、房地产为主业的发展 ...

南方财经9月22日电，华侨城A（000069.SZ）盘中一度涨停，截至收盘，报2.7元/股，上涨8%，成交额 近12亿元。消息面上，有市场传闻称华侨城将进行公司重组，这可能是华侨城A开盘后迅速涨停的"导 火索"。不过，21财经·南财快讯记者以投资者身份致电华侨城，接线工作人员表示，对公司股票当天涨 停表示"讶异"，另外公司重组属于重大事项，若有相关信息将发布公告，"现在我们没有收到相关的信 息。"查看原文：重组传闻刺激，华侨城A盘中涨停！回应来了刚刚 ...

Core Viewpoint - The UAE is positioned as a strategic hub for global real estate investment, with Dubai and Abu Dhabi leading the market's differentiated prosperity over the next 5-10 years, offering high-potential and diversified investment opportunities for global investors [5][6]. Summary by Sections Forum Overview - The "2025 Middle East Real Estate Investment Summit" was held on September 23 in Shanghai, focusing on "Global Vision · Middle East Opportunities" and gathering leaders from China and Arab countries, scholars, and capital strategy experts to discuss investment logic and new cooperation paths under the Belt and Road Initiative [5][6]. Key Highlights - The forum featured cross-industry exchanges and global perspectives, with participation from notable organizations such as Fudan University, Shanghai Construction Group, and leading UAE real estate companies like ALDAR [6][7]. Research and Reports - The summit included the exclusive release of the "2025 First Half UAE Residential Market Trend Report," highlighting local strategies of domestic industry leaders in overseas projects [7]. Keynote Speakers - Notable speakers included Ding Zuoyu, Chairman of CRIC, presenting on the "2025 UAE Residential Market Trends," and Luo Changyuan from Fudan University discussing "New Directions for China-Arab Cooperation in the New International Context" [9][10]. Roundtable Discussion - A roundtable forum was held to explore investment prospects and potential under the Belt and Road Initiative, featuring experts from various sectors including law and international business [12][10].

Core Viewpoint - The article analyzes the inventory management of 50 typical listed real estate companies, revealing the industry's practices in "scale contraction" and "risk mitigation" to optimize inventory structure and provide insights for investors to assess industry risks [1][3]. Group 1: Inventory Trends - The total inventory of real estate companies has declined for four consecutive years, with a decrease of 4.6% in the first half of 2025, totaling 8.14 trillion yuan compared to 8.53 trillion yuan at the end of 2024 [6][8]. - The decline in inventory is consistent across different tiers of companies, with the largest drop seen in the TOP31-50 and TOP51-100 tiers, exceeding 7%, while the TOP10 tier experienced a smaller decline of 2.3% [8]. - The inventory structure includes development inventory and completed inventory, with the latter directly impacting liquidity; a higher proportion of completed inventory indicates potential liquidity pressure [5][10]. Group 2: Completed Inventory and Current Housing - The proportion of completed inventory reached a five-year high at 26.9%, with an increase of 0.5 percentage points from the beginning of the year, although the growth rate has slowed compared to previous years [19]. - 56% of companies reported an increase in the proportion of completed inventory, indicating significant differentiation between leading companies and those under high pressure [21]. Group 3: Impairment Provisions - The inventory impairment ratio has continued to rise, with private companies reaching 13.12%, indicating significant asset impairment challenges [23][28]. - The total impairment provision balance for the first half of 2025 was 159.8 billion yuan, showing a slight decrease of 0.8% from the beginning of the year, but the overall impairment pressure remains high [23][25]. Group 4: Investment and Inventory Management Strategies - The proportion of inventory to total assets has decreased to 47.7%, reflecting a shift towards liquidity prioritization among real estate companies [31]. - Companies are adopting strategies such as "old project discounts + new project quick turnover" to manage inventory effectively and improve cash flow [32][36].