1-4 月，top10 / top11~top20 / top21~top30 / top31~top50 / top51~top100 房 企的销售金额（操盘）同比增速分别为-11.1%/-7.5%/3.5%/7.3%/-6.2%。其中， 4 月单月同比增速分别为-16.9%/-24.8%/52.9%/16.2%/-5.0%。 1-4 月，top10 / top11~top20 / top21~top30 / top31~top50 / top51~top100 房 企的销售金额（操盘）分组累计占比分别为 49.4%/16.7%/8.7%/11.7%/13.4%。 去年同期，分组累计占比分别为 51.8%/16.9%/7.9%/10.2%/13.3%。 重点房企销售： 1-4 月，51 家主流房企中，销售金额（全口径）最大的 5 家房企为保利/华润/ 中海/招商/绿城，销售金额分别为 876.1/685/665.2/497.8/477.2 亿元。 1-4 月，51 家主流房企中，销售均价（全口径）最高的 5 家房企为滨江/越秀/ 绿城/金隅/保利置业，销售均价分别为 3.98/3.94/3.41/3.05/ ...

再看政策导向。从2020年启动旧改到现在，全国已经改造了近28万个老旧小区，加装电梯超过13万部， 惠及1.2亿人。 2025年更是计划在新增100万套城中村改造的基础上继续扩大规模，光35个大城市就有170万套城中村需 要改造。 这说明国家层面已经把"改"当成了主方向，拆迁重建反而成了例外。 最近几年，全国各大城市都在干一件事：给"老破小"房子"缝缝补补"，而不是直接拆了重建。 很多人觉得奇怪，拆了盖新房多简单，为啥非要花冤枉钱改造？今天咱们就用数据和案例，把这事彻底 说清楚。 先看成本账。在北京、上海这样的一线城市，拆一套"老破小"的成本能吓死人。 光拆迁补偿这一项，每平方米就要6-8万，加上土地整理、新建建筑成本，总成本能达到每平方米1.5-2 万元。 而改造呢？住建部的数据显示，全国平均每平方米改造费用只要1000-3000元，是拆迁成本的十分之一 到五分之一。就拿广州来说，改造一个老旧小区的总成本，可能只够拆两栋楼的钱。 有人会问，改造能解决根本问题吗？ 答案是肯定的。比如上海的石库门里弄，改造时保留了百年历史的建筑风貌，同时加装了现代化厨卫设 备，居民满意度从改造前的不足50%提升到80%以上。 ...

Core Viewpoint - Bulldog Investors, holding 2.1% of Tejon Ranch Co., is urging shareholders to elect new directors to enhance transparency and accountability, which they believe will lead to a higher stock price [1]. Group 1: Shareholder Concerns - Shareholders are worried about Tejon's significant expenditures and whether they will yield corresponding benefits, particularly regarding the Tejon Mountain Village (TMV) project [2]. - The Board previously claimed TMV was fully entitled and near execution, but similar statements were made in 2013, with over $100 million spent since then without any development progress [2]. Group 2: Management Accountability - Andrew Dakos, a director nominee, highlighted shareholders' frustrations with the Board's lack of accountability for questionable spending, which has negatively impacted Tejon's stock price [3]. - There is a clear need for directors who are committed to improving oversight and ensuring that Tejon does not remain a stagnant investment [3].

近期，深圳龙华、光明、宝安、南山多个区域发布了地块调规方案。龙华区再次释放出王炸级别地块，2宗调规宅地均位于民治街道地铁4号线沿线，属于 龙华核心区域位置，且2宗地均为低容积率。在当下建筑容积率越来越高的背景下，核心区域低密度住宅市场期待值有望再次拉满。 1、梅林关地块 民治梅林关地块位于龙华新区大道与金龙路交汇处东南侧，紧靠书香门第花园，与万科金域华府一路之隔，地铁4号线白石龙站与民乐站之间。附近有白 石龙音乐公园、玉龙公园等市政配套，是龙华区规划的重点区域之一。 根据调整公示，龙华拟对[龙华新城核心地区]法定图则40-04地块进行规划调整，由商办用地调整成二类居住用地，容积率2.8。 地块用地面积调整为21820㎡，配建托育机构、儿童游戏场地等社区配套。此外，地块备注"若地块外具备与本地块空中连通的条件，可结合实际情况跨新 区大道进行空中连通"。 2、上塘地块 上塘地块位于龙华福龙路与简上路交汇处东北角，周边有卓越柏奕府、长城里程家园等小区，临近地铁4号线上塘站和开市客会员商店。 涉及调整的01-13地块用地面积38396，容积率3.9，规划配建9班幼儿园、托育机构等社区配套。 | | 地块控制指标一览表 ...

"五一"假期，外地在蓉游客不断攀升，但热的不仅是旅游。5月5日，红星新闻记者从成都市住建局获悉，由成都市住 建局于4月29日发起的"安家成都·美好购房季"启动以来，截至5月5日13时，成都共计成交2067套，其中新房成交787 套，同比增长2%；二手房方面，机构日均带看0.99万组，同比上升8.3%，日均成交256套，同比上升3.7%。 5月1日上午，位于龙泉驿区的东城金茂晓棠项目示范区开放，据统计，示范区开放首日，现场迎来了约1100组购房 者。 当天，记者在现场看到，项目示范区各处都挤满了购房者，开发商在样板间楼栋前摆上椅子，购房者们坐在门口，需 要排号才能进入样板间。截至5月4日，东城金茂晓棠项目4天累计到访客户近3000组。 选择五一假期看房的王先生告诉记者，他们一家一共去了5个售楼部，"好几个项目都需要提前预约才能看房。30℃的 高温，根本阻挡不了看房的热情。" 成交方面，同样有着直观的数据体现。据了解，越秀·阅金沙、招商·时代公园、星河WORLD六期·帝宝N6、城投置地· 鹭湾锦上映等多个项目都为了购房者选择五一推货。 位于锦江区的城投置地·鹭湾锦上映在五一假期前，紧急加推了一栋楼，主力户型建面约 ...

Group 1 - The real estate market in Nanjing is experiencing a surge in demand during the May Day holiday, with some projects seeing visitor numbers increase four to five times compared to normal [1][3] - The Jiangjing project, Binhai Yayuan, recorded 17 transactions and over 130 groups of visitors in the first four days of the holiday, indicating strong interest from first-time buyers [3] - The overall market sentiment is positive, with new home prices continuing to rise and a robust second-hand housing market, reflecting a stabilization and recovery in the real estate sector [4] Group 2 - The local government has paused online signing data for two days during the holiday, meaning the complete sales data will be available only after May 6 [4] - The land auction prices in Nanjing have reached new highs, demonstrating increased enthusiasm from real estate companies [4] - The market conditions are seen as favorable for buyers, suggesting it is a good time to enter the market [4]

Core Viewpoint - Tejon Ranch Co. is receiving strong support from major proxy advisory firms ISS and Glass Lewis, recommending shareholders vote for its 10 director nominees, emphasizing their qualifications and strategic vision to enhance shareholder value [2][3][4]. Summary by Relevant Sections Proxy Advisory Recommendations - Glass Lewis and ISS have both recommended that Tejon shareholders vote "FOR" all 10 of the company's highly qualified director nominees on the WHITE Proxy Card for the upcoming Annual Meeting on May 13, 2025 [2][3]. - The recommendations highlight the expertise and strategic vision of Tejon's Board, contrasting it with Bulldog's unqualified nominees [3][4]. Opposition to Bulldog's Nominees - Both ISS and Glass Lewis have criticized Bulldog's campaign to install three unqualified director nominees, noting that Bulldog has not provided a clear plan for Tejon [4]. - Glass Lewis pointed out Bulldog's lack of understanding of necessary changes, indicating uncertainty in their approach [4]. Call to Action for Shareholders - Tejon urges shareholders to follow the recommendations of ISS and Glass Lewis by voting "FOR" the company's nominees and withholding votes from Bulldog's nominees to protect their investment [5][6]. - The company emphasizes the importance of shareholder votes, regardless of the number of shares owned, and provides instructions for voting [6]. Company Background - Tejon Ranch Co. is a diversified real estate development and agribusiness company, with a principal asset of 270,000 acres of land located approximately 60 miles north of Los Angeles [8].

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023.Bill Ackman's Pershing Square has agreed to invest $900 million in real estate company Howard Hughes, the companies announced Monday, as the billionaire hedge fund manager looks to follow in the footsteps of Warren Buffett.The deal involves Pershing Square buying 9 million newly issued shares of Howard Hughes for a total cost of $900 million. The purchase price is 48% above whe ...

Core Viewpoint - Pershing Square is investing $900 million in Howard Hughes Holdings Inc. (HHH) to support its strategic expansion into a diversified holding company, acquiring controlling interests in high-quality public and private companies while continuing its core real estate development business [2][9]. Investment Details - Pershing Square will acquire 9,000,000 newly issued shares of HHH at $100.00 per share, representing a 48% premium to HHH's closing price on May 2, 2025 [3][9]. - Following the investment, Pershing Square will own 46.9% of HHH shares outstanding, with an agreement to limit its voting power to 40% and beneficial ownership to 47% [3][6]. Leadership Changes - Bill Ackman, Chairman and CEO of Pershing Square, has been appointed as the Executive Chairman of HHH's Board of Directors, while Ryan Israel will take on the role of Chief Investment Officer at HHH [4][9]. - The existing leadership team at HHH, led by CEO David O'Reilly, will remain unchanged but will have expanded roles and responsibilities [4][11]. Strategic Support - The entire Pershing Square organization will provide HHH with investment, advisory, and ancillary services, including corporate development and capital markets assistance [5][9]. - HHH will continue to develop its core Master Planned Communities and other strategic developments, maintaining its position as a leading community builder [10][11]. Financial Arrangements - HHH will pay Pershing Square a quarterly base fee of $3.75 million and a management fee based on the increase in HHH's equity market capitalization above a predetermined reference market cap [7][8]. - The reference market cap is calculated using a post-transaction share count of 59,393,938 and a reference market price of $66.1453, adjusted annually for inflation [7]. Governance Structure - The transaction was approved by HHH's Special Committee, composed entirely of independent directors, and will result in a board with a majority of independent directors [12][13]. - Pershing Square has the right to nominate three directors as long as it holds at least 17.5% of HHH's fully diluted shares [13].

Group 1 - Invego Uus-Järveküla OÜ, financed by EfTEN United Property Fund, has amended its loan agreement with Coop Pank AS, enabling the fund to make its largest profit distribution to investors in history [1] - Almost 80% of the Uus-Järveküla residential area development has been purchased or booked by clients, with Coop Pank AS financing 100% of the construction price for the final 32 terraced houses, expected to be completed in Q1 2026 [2] - The interest margin on the development loan will be reduced by 20 basis points to 450 basis points [2] Group 2 - EfTEN United Property Fund received 1.516 million euros from the project, which includes approximately 1 million euros in accrued interest on owner loans, reducing the balance of owner loans granted by the fund [3] - The fund plans to distribute the accrued interest of approximately 1 million euros along with dividends and interest income to investors in May, amounting to about 7% of the last closing price of the fund unit [4]