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china overseas development announced real estate sales in november 2016
time： 2016-12-13 11:17:27 source: china overseas holdings limited
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(hong kong, december 12, 2016) china overseas development co., ltd. (the "company"); share code: 00688. hk) announced that the company, together with its subsidiaries, joint ventures and associated companies (collectively referred to as "china overseas series companies") had contracted property sales of about hk $10.758 billion in november, with a corresponding floor area of about 880100 square meters
from january to november 2016, the cumulative contract property sales of overseas chinese companies were about hk $206752 million, and the corresponding cumulative floor area was about 12.768 million square meters. on november 30, 2016, overseas china series companies recorded sales of about hk $12.062 billion in properties they have subscribed for, which is expected to be converted into contract property sales in the next few months
in november, the company and its subsidiaries (collectively referred to as "the group") acquired two plots in changchun and fuzhou, with a total floor area of about 403902 square meters. the land transfer fee payable by the group for land acquisition is about rmb 2506.53 million
note: there are various uncertainties in the process of sales and investment, and the above sales and new land reserve data may differ from the figures disclosed in the periodic report, so the above data are for reference only