Guangzhou-based Poly Real Estate has announced that it signed contracts in the first three months of 2009 for 763,300 square meters or RMB 6.48 billion, up 132.89% and 196.71% year-on-year, respectively.
The developer signed 373,000 square meters for RMB 3.09 billion in March, up from 206,600 square meters for RMB 2.02 billion in February.
A bit of background about the company.
According to BusinessWeek Poly Real Estate Group engages in the development of real estate.
The company also leases developed commodity apartment and relocates old buildings. In addition, it is involved in the construction of road and earthwork project; interior designing; installation and management of air conditioning project; property management; hotel management; and retail and wholesale trading. And on the seventh day it rests.
The company was formerly known as Poly Real EstatePoly Real Estate Group C in 2006. Poly Real Estate Group was incorporated in 1992 and is headquartered in Guangzhou. Now you know what it does and that business is improving.