Country Garden's equity sales of 69,654.38 billion +0 billion in the first two months were in the adjustment stage of the property market.

The Spring Festival holiday and the whole month only have 28 days. As a warm-up for returning to work, February passed away in a hurry.

On March 2nd, some real estate enterprises began to disclose their operating data in February, including Country Garden, a "cosmic real estate enterprise".

Viewpoint New Media was informed in the announcement that in February, 2022, the contracted sales amount of Country Garden's shareholders' equity was about 32.76 billion yuan, corresponding to the contracted sales construction area of about 4.48 million square meters, which was adjusted back by 29.62% and 65,438+04.82% respectively.

Counting the sales of equity contracts announced by Country Garden 1 month before, the company's equity sales in February decreased by 9.9% month-on-month, and the accumulated equity sales amount in the first two months was 69/kloc-0.20 billion yuan.

Sales callback is not limited to Country Garden. The sales performance of real estate enterprises in 20221-February released by the opinion index shows that the total equity sales amount recorded by the top 20 real estate enterprises in1-February decreased by 4 1% year-on-year, and the full-caliber sales amount decreased by 39.8% year-on-year. Among them, the equity sales amount of 19 housing enterprises was lower than that of the same period last year.

In fact, due to the influence of the Spring Festival holiday, the pace of the real estate industry has slowed down, and with the policy regulation in the second half of 20021,the wait-and-see mood of buyers is obvious, and the industry has long expected the downturn of the property market.

According to the dtz report, at 202 1, the overall market became hot first and then cold, and the property market has entered the adjustment stage. It is predicted that the real estate market in China will still be in the adjustment channel in 2022. However, since the second half of 20021,the transaction scale has been shrinking continuously, or gradually eased and stabilized with the introduction of relevant policies and measures.

According to incomplete statistics, since 2022, China has issued real estate-related policies for nearly 80 times, and supporting policies for releasing and stabilizing the property market have been issued for nearly 40 times.

Among them, the greater the policy relaxation is to reduce the down payment ratio. For example, Shandong Heze ICBC, China Construction Bank and Agricultural Bank reduced the down payment ratio of the first suite to 20%. In addition, some banks in Suzhou, Nanjing, Guangzhou and other regions have recently lowered their mortgage interest rates.

Some analysts pointed out that the emergence of mortgage easing policies in many cities has greatly lowered the threshold for buying houses and boosted the transaction in the residential market. It is expected that some cities will follow up and introduce active adjustment policies according to the local market performance, and the property market transaction is expected to return to normal.

In terms of financing, Country Garden made great progress in February. On February 18, Country Garden plans to issue the first medium-term notes in 2022 with a registered amount of 5 billion yuan. The scale of this issue does not exceed 5 billion yuan (inclusive), and the term does not exceed 10 year. The guarantee is unsecured.

Country Garden intends to use all the raised funds to repay the issuer's interest-bearing debts and project development and construction. Among them, no more than 4 billion yuan will be used for project development and construction, and the remaining funds will be used to repay interest-bearing debts. Among them, the repaid interest-bearing debts include two projects: Kunming Wuhua Longquan Country Garden and Cheng Nan Baima Country Garden, with a total loan of about 654.38+0.3 billion yuan and planned repayment of 654.38+0.0 billion yuan.

On March 1 day, the current medium-term notes were registered. It is reported that this is the first time that Country Garden Real Estate has registered medium-term notes with the Dealers Association.

Can get a lot of financing, on the one hand, Country Garden is one of the well-qualified housing enterprises. At present, international rating agencies such as Moody's and Fitch have given Country Garden an "investment grade" rating.

On the other hand, it should also be noted that Country Garden intends to use most of the raised funds for project development and construction, instead of borrowing new and returning old, which shows that the reasonable capital needs of housing enterprises are being met.

In addition to the main body of real estate, Country Garden Service in the field of property management recorded another acquisition in mid-February. The Company entered into an agreement with COFCO Baiyue Zhijia to acquire the remaining 93.76% equity. After the acquisition, COFCO Baiyue Home will become an indirect wholly-owned subsidiary of Country Garden Services.

As of June 30th, 20021year, COFCO Baiyue Zhijia managed 29 projects1item and 508 contract management projects, with a total construction area of about 33.2 million square meters and a total contracted construction area of about 7 1.2 million square meters.

For COFCO, it needs funds to repay the debts due in 2022. It is reported that the maturity of offshore bonds of the company in the next six months is 89.65438+0 billion USD (5.8 billion RMB), including 293 million USD in May, 448 million USD in July and 65.438+0.5 billion USD in August.

For Country Garden services, the acquisition of COFCO Baiyue Zhijia can further expand the company's scale. At that time, Country Garden Service said that it would definitely take the road of endogenous growth in the future, but at this stage, it still needs mergers and acquisitions as a supplement.