China's top property developers' land acquisitions rise in Jan-Oct

China's top property developers increased land acquisitions in the first 10 months of 2025, with private firms showing signs of returning to the market, highlighting a cautious rebound in the real estate sector as some developers step up investments amid ongoing financial pressures.

Data released by the China Index Academy showed that in the first 10 months of 2025, the top 100 developers spent a total of Yuan 783.8 billion ($110 billion) on land acquisitions, a year-on-year increase of 26.4%, with buyers mostly central and local state-owned enterprises, while the investment willingness