In the third quarter of Shenzhen, bulk property transactions increased by about 80% year-on-year. What caused the growth?

This is mainly because many enterprises are reducing their debts in this way, and some enterprises will take the initiative to sell their properties.

To some extent, the transaction rate of bulk real estate itself is relatively low and the transaction difficulty is relatively high. Especially in a city like Shenzhen, because the prices of bulk properties in Shenzhen can basically reach hundreds of millions of yuan, and some bulk property prices can even reach several billion yuan, it is hard to imagine that the transaction volume of bulk properties will increase by 80% year-on-year. This concept also shows that many enterprises do encounter difficulties in their operations.

What data is this?

This is the transaction data of bulk properties in Shenzhen. In just one quarter, the transaction volume of bulk properties in Shenzhen increased by about 80% year-on-year. Even if only 12 was sold, the local total turnover reached 8.3 billion yuan, with an average turnover of about 800 million yuan. Whether for Shenzhen or other first-tier cities, it is very difficult to clinch a big property, which also reflects the business crisis of many enterprises.

This is mainly because many enterprises have encountered operational difficulties.

For many enterprises, although these enterprises have a variety of bulk properties, if they encounter difficulties in operation, they will obtain certain funds by trading bulk properties, thus alleviating their own cash flow problems. Because of this, we see that the volume of bulk property transactions in Shenzhen has risen rapidly, so this problem not only means that many enterprises have encountered difficulties in operation, but also means that related enterprises need to obtain certain funds by selling assets.

Finally, this phenomenon is not a good thing. This phenomenon reflects the operating conditions of many enterprises, and many enterprises will have to reduce the debt pressure by selling large-scale properties to maintain basic operations.