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Article: BRIEFING - ASIA REAL ESTATE - NOV 6, 2009.

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AsiaPulse News
Article date:
November 6, 2009
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An executive briefing on real estate for Nov 6, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

SALES VOLUME OF PROPERTY DEVELOPER CHINA VANKE SURGES 95% IN OCT

BEIJING - China Vanke (SSZ:200002), the country's largest property developer by market value, announced Friday that its sales volume in October surged 95 per cent year on year to 6.54 billion yuan (US$957.8 million).

The combined space sold in October topped 608,000 square meters, up 31 per cent year on year, the developer said in a statement to the Shenzhen Stock Exchange.

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