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In June alone, its total home sales volume and value separately jumped 51.18% and 47.61% from a year ago to 167,200 square meters and CNY 1.916 billion. Meanwhile, the company won a bid for the 70-year residential land usufruct in the central Chinese district of Hongshan, Wuhan City, Hubei Province, for CNY 306,800.
Gemdale is scheduled to successively launch a batch of real estate projects in Tianjin, Nanjing, Shanghai, Shenzhen, Dongguan, Foshan, Wuhan, Xi'an, and Shenyang in July and August 2009, according to its latest announcement.
Gemdale, headquartered in the southern Chinese city of Shenzhen, Guangdong Province, has formed an integrated industry structure in regards to property investment, finance, development, agency, and service.
Source: www.163.com (July 09, 2009)
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