Completed real estate development of Evergrande Group in China 2020, by region
In 2020, the newly completed area of the property developer Evergrande Group in Guangdong, a southeast province in China, amounted to seven million square meters. The company has many development projects in provinces with lower-tier property markets. While many regions are undergoing fast economic development, the asset quality of real estate is not as high as in upper-tier cities.