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Daily Real Estate Industry News Summary (2024-12-20)
Recently, after several regions officially announced that commodity housing will be priced based on usable area, "cancellation of shared area" has once again become a trending keyword.
[Brokerage Focus] Goldman Sachs maintains a "Neutral" rating on LOGAN GROUP (03380), believing that the Construction Machinery Industry still has growth potential in the long term.
Jinwu Finance | Goldman Sachs pointed out that LOGAN GROUP (03380) is one of the largest wheel loader manufacturers in China, and this equipment is commonly used in infrastructure, Real Estate, and mining projects. Goldman Sachs believes that the Construction Machinery industry in China is currently in a relatively sluggish stage, mainly affected by the macroeconomic policy environment, a slowdown in infrastructure investment, and adjustments in the Real Estate market. Nonetheless, with the government's continued investment in infrastructure construction and the advancement of urbanization, the Construction Machinery industry still has certain growth potential in the long term. Additionally, with the increasing Eco-friendly Concept requirements and advancements in technology, Engineering.
Logan Group Plans New Offshore Debt Restructuring
MIDLAND HOLDING: Hong Kong property prices are expected to "counterattack" next year, with an estimated increase of around 5%.
MIDLAND HOLDING expects that next year Hong Kong property prices are likely to "rebound," reversing a three-year decline, with an increase of about 5%, and rents rising another 6%.
Daily summary of Real Estate Industry news (2024-12-19)
On December 17, Zhangjiakou City in Hebei issued a policy to encourage the implementation of "direct sales of existing properties," gradually advancing the "cancellation of public space allocation"; previously, Hengyang City in Hunan clarified that the sales of commercial housing are priced based on the usable area, and currently the "cancellation of public space allocation" is beginning to take effect in multiple locations.
The effectiveness of refinancing for affordable housing in the mainland has become evident, with over 10 cities purchasing existing housing projects.
According to a report by the Securities Times, since the national meeting on securing housing deliveries on May 17, relevant departments and local authorities have closely collaborated to expedite the acquisition of existing Commodities for use as affordable housing, achieving some phased results. It has been learned that recently, more than ten cities have successfully initiated projects for purchasing existing housing, raising over ten thousand units of affordable housing. The national meeting on securing housing deliveries clarified that in cities with high inventory of Commodities, the government may "purchase based on demand" at reasonable prices for some Commodities to be used as affordable housing. Local departments actively promote policy implementation, and relevant authorities have established purchase task forces under the urban real estate financing coordination mechanism to advance the.