Three residential land parcels in Beijing were sold for approximately 7.278 billion yuan, with each exceeding a 10% premium and undergoing over 100 rounds of bidding. The Mentougou district parcel was acquired by Greentown for 1.4706 billion yuan, the Changping district parcel by C&D for 4.977 billion yuan, and the Shunyi district parcel by Cangzhou Jiuxi Real Estate Development Co., Ltd. for 830.8 million yuan. AI
RANK_REASON Significant real estate transaction with high bidding activity. [lever_c_demoted from significant: ic=1 ai=0.0]
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