Yuexiu Property (HKG:0123) recorded contracted sales of around 10 billion yuan in November, down 16% from the year-ago period, a Tuesday bourse filing said.

The property company's corresponding gross floor area (GFA) was 334,600 square meters for the month, up 0.7% from November 2023.

For the 11 months ended Nov. 30, contracted sales and GFA fell 24% and 15%, respectively, to roughly 101.02 billion yuan and a little over 3.4 million square meters.

In November, the firm acquired a nearly 100% equity interest in a land parcel intended for residential use in Beijing through a unit.