×

BRIEF-Beijing commercial property sales fall 45 pct in first 8 mths - stats bureau

bureau@

BEIJING, Sept 17 (Reuters) - Sales of commercial property in Beijing by surface area fell 44.8 percent in the first eight months of the year to to 5.3 million square meters versus the same period last year, the city's statistics bureau said on Friday.

**That included a 39 percent decline in residential property sales to 3.45 million square meters, while office building sales fell by 68.5 percent to 808,000 square meters

**Commercial property under construction fell by 5.4 percent to 113.4 million square meters

**New construction amounted to 12.5 million square meters, down by 26 percent, while completed property came to 6 million square meters, a drop of 37 percent year on year (Reporting by Dominique Patton)