Cinda sets up $2.6 billion property fund

BRIEF: Longfor’s January sales continue to fall

Real estate developer Longfor Group Holdings Ltd. (0960.HK) said on Tuesday its contracted sales in January totaled 4.46 billion yuan ($611 million), down 36% year-on-year and a 45% decline month-on-month.…
Cinda sets up $2.6 billion property fund

BRIEF: Greentown’s January sales fall 9% year-on-year

Property developer Greentown China Holdings Ltd. (3900.HK) announced on Thursday that sales for its self-developed projects fell 9% year-on-year to 7.1 billion yuan ($974 million) in January from 7.7 billion…