XIN - Xinyuan Real Estate completes and delivers 9K+ units from Jan-Oct

In its update for delivery of multi-site projects in 2021, Xinyuan Real Estate (XIN +0.7%) indicates that it has completed and delivered 9K+ units of 12 projects in eight cities in China from January to October 2021. The floor area delivered, totaling 1.05M sq. meters, in the 10 months range peaked to a record high Y/Y in its history. The major projects delivered are located in Henan, Shandong, Sichuan provinces as well as cities of Tianjin and Shanghai. As of the end of October 2021, 1,789 units of Zhengzhou International New City III have been delivered while Jinan Royal Spring Bay project has been delivered as scheduled, in May 2021, and as of the end of October, it has delivered 738 units. From January to October this year, Chengdu Xinyuan City delivered 1,612 units and as of October The Makers' Town of Central China delivered 942 units. From January to October this year, Qingdao Royal Dragon Bay delivered 697 units while as of October Tianjin

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Xinyuan Real Estate completes and delivers 9K+ units from Jan-Oct