RE IV Limited presents updated valuation and sales figures
Hong Kong 15 June 2020: RE IV Limited (the "Company") has today received an updated third-party valuation in respect of its property portfolio from CBRE. The value of the Company’s property portfolio has continued to increase at a stable pace and, as of May 31, 2020, amounted to CNY 3,945.8 million in total, implying a 14 per cent value growth compared to book value. During the period January – May 2020, the Company has sold 435 units with total contractual sales amounting to CNY 503 million in the two projects that it currently has for sale, the Hammarby Eco City Project (site A-2) and