Longfor Commercial's rental income in the first half of the year was 5.32 billion yuan, and 3 new Paradise Walks were op

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Rina77RS
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Longfor Commercial's rental income in the first half of the year was 5.32 billion yuan, and 3 new Paradise Walks were op

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In the first half of 2024, Longfor Group's operating business segment continued to deepen its layout in the country's first- and second-tier core cities. The tax-exclusive rental income in the first half of 2024 was 6.61 billion yuan, a year-on-year increase of 4.3%.

Specifically, the rental income of the commercial investment business increased by 6% year-on-year to 5.32 billion yuan in the first half of 2024, and the occupancy rate at the end of the period was 96%. Sales and indonesia phone number sample passenger flow both increased, with turnover increasing by 12% year-on-year and average daily passenger flow increasing by 16% year-on-year. Three new shopping malls were put into operation in the first half of the year, and they opened with high quality. Among them, Chengdu Dong'an Tianjie and Nanjing Yushan Tianjie are heavy asset projects, and Chongqing Yunling Tianjie, a light asset project, opened six months ahead of schedule.

As of June 30, 2024, Longfor Commercial has opened and operated 91 shopping malls in 20 cities across the country, with a total operating area of ​​8.29 million square meters (including a total parking area of ​​10.76 million square meters ), more than 6,800 cooperative brands and more than 400 strategic cooperation brands. Through project transformation and upgrading and refined operations, it continues to bring customers diverse and high-quality scene experiences.

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In the first half of the year, Longfor Group’s new asset management flagship brand “Xiaoyaozhou Asset Management” was officially launched, positioning itself as a full-cycle and full-format asset management operator, covering six major asset management businesses: long-term rental apartments “Guanyu”, vibrant neighborhoods “Huansi”, serviced apartments “Xiafei Mansion”, industrial offices “Blue Ocean Engine”, women and children’s hospitals “Youyou Baby” and Yinian apartments “Chunshan Wanshu”. While providing users with more diversified products and services, it helps to maintain and increase the value of assets.
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