Beijing Capital Land Ltd. reported sales results for the month and year to date ended August 2013. For the month, the company's property sales reach RMB 980 million, representing a year on year increase of 8%, while its sales area for the month hit 114,000 sq m.

The company reported RMB 8.41 billion in property sales in the first eight months of this year, reflecting a year on year increase of 6%.

The company expects RMB 20 billion in property sales in the year 2013, up 50% from a year earlier.