Leading real estate enterprises, obvious hot cities in soil storage dematerialization last year, soil auction is heating up this year

category:Finance
 Leading real estate enterprises, obvious hot cities in soil storage dematerialization last year, soil auction is heating up this year


The real estate enterprises showed positive performance in land acquisition. According to the statistics of China Index Research Institute, in April, the total amount of land acquired by the top 50 real estate enterprises was 310.2 billion yuan, up 0.5% year-on-year and 105% month on month; the total amount of land acquired by the top 100 real estate enterprises was 388.2 billion yuan, up 7.2% year on year and 108.9% month on month. Although the performance of real estate enterprises in April was positive, the cumulative land acquisition was less than that of the same period last year. In the first four months of this year, the total amount of land acquired by top 100 real estate enterprises was 824.4 billion yuan, down 7.1% year on year.

Zhang Dawei, chief analyst of Zhongyuan Real estate, said that although the capital chain of real estate enterprises has been affected to some extent after the outbreak, the financing difficulty has declined, so some enterprises have gradually increased their enthusiasm for land acquisition, especially some medium-sized real estate enterprises that hope to further expand their scale by replenishing inventory appear particularly active in the land market. However, there is also differentiation. For example, leading real estate enterprises are relatively cautious. They are more inclined to choose the right time, the best, the price, and the right time to take the high-quality land. If the price of high-quality land exceeds the budget, it will give up decisively.

From the perspective of the total soil storage, todays leading real estate enterprises pay more attention to the rhythm of operation. Xie Yangchun, director of market research at Kerui Research Center, said that the total value of land storage of the top 100 real estate enterprises has reached 42 trillion yuan, of which 18 trillion yuan is the top 10, accounting for more than 40%. However, in the period of market band adjustment, the leading real estate enterprises respond with intensive focus and prudent investment. It has become the consensus of leading real estate enterprises to accelerate the commencement of the project, accelerate the project decentralization and accelerate the return of funds. According to the statistics of Kerui Research Center, the average de storage cycle of the top ten real estate enterprises has decreased from 4.81 years at the end of 2017 to 3.98 years at the end of 2019. Among them, six real estate enterprises have their total soil storage depolarization cycle reduced to less than 4 years, and Vankes total soil storage depolarization cycle has been maintained at about 2.9 years for three consecutive years, which is the shortest among the top ten real estate enterprises. Compared with the top ten real estate enterprises in the end of 2018 and 2019, Evergrande, poly, Zhonghai, Xincheng and Shimaos total soil storage depolarization cycle has declined, while the total soil storage depolarization cycle of country garden, rongchuang, Greenland and China Resources has increased to varying degrees. Source: Yang Qian, editor in charge of Shanghai Securities News_ NF4425

From the perspective of the total soil storage, todays leading real estate enterprises pay more attention to the rhythm of operation. Xie Yangchun, director of market research at Kerui Research Center, said that the total value of land storage of the top 100 real estate enterprises has reached 42 trillion yuan, of which 18 trillion yuan is the top 10, accounting for more than 40%. However, in the period of market band adjustment, the leading real estate enterprises respond with intensive focus and prudent investment. It has become the consensus of leading real estate enterprises to accelerate the commencement of the project, accelerate the project decentralization and accelerate the return of funds.

According to the statistics of Kerui Research Center, the average de storage cycle of the top ten real estate enterprises has decreased from 4.81 years at the end of 2017 to 3.98 years at the end of 2019. Among them, six real estate enterprises have their total soil storage depolarization cycle reduced to less than 4 years, and Vankes total soil storage depolarization cycle has been maintained at about 2.9 years for three consecutive years, which is the shortest among the top ten real estate enterprises. Compared with the top ten real estate enterprises in the end of 2018 and 2019, Evergrande, poly, Zhonghai, Xincheng and Shimaos total soil storage depolarization cycle has declined, while the total soil storage depolarization cycle of country garden, rongchuang, Greenland and China Resources has increased to varying degrees.