China Resources Land August Contract Sales Rise 40.2% to RMB18.5 Billion

China Resources Land announced contracted sales of approximately RMB18.5 billion for August 2026, an increase of 40.2% year on year. Contracted sales floor area for the month was about 481,000 square metres, down 10.8% year on year. For the first eight months of 2026, cumulative contracted sales amounted to approximately RMB149.1 billion, up 9% year on year, while cumulative contracted sales floor area was about 4.054 million square metres, down 20.8%.

Recurring income in August 2026 was approximately RMB4.57 billion, up 7.1% year on year. Rental income from the investment property leasing business was about RMB3.02 billion, up 6.1% year on year. For the first eight months of 2026, cumulative recurring income reached approximately RMB35.45 billion, up 7.3% year on year, of which rental income from the investment property leasing business was about RMB23.75 billion, up 11% year on year.