CR Land June Sales at RMB22.99 Billion; H1 Recurring Revenue Climbs 7.6%

Bulletin Express
Jul 13

China Resources Land Limited (CR Land) reported unaudited operating figures for June 2026 showing gross contracted sales of RMB22.99 billion, a 2.0% year-on-year decline. Contracted gross floor area (GFA) for the month reached 0.80 million sq m, down 11.0% YoY.

For the first six months of 2026, cumulative gross contracted sales totaled RMB116.50 billion, up 5.6% YoY, while contracted GFA came in at 3.16 million sq m, 23.2% lower YoY.

Recurring revenue in June stood at RMB4.46 billion, an increase of 7.1% YoY. Rental income from investment properties contributed RMB2.87 billion, up 10.7% YoY.

Cumulatively, recurring revenue for January–June 2026 rose 7.6% YoY to RMB26.47 billion. Within this, rental income accounted for RMB17.87 billion, marking a 12.6% YoY rise.

The company emphasized that all figures are preliminary, derived from internal records, and may differ from forthcoming audited or unaudited statements.

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