China Overseas Grand Oceans Group (HKG:0081) recorded contracted sales of around 2.16 billion yuan and a gross floor area of 186,400 square meters in February, down 0.7% and 0.9% year-on-year, respectively, a Thursday bourse filing said.
For the two months ended Feb. 28, the contracted sales came in at 4.37 billion yuan with a gross floor area of 364,200 square meters, down 3.8% and 8.9% year-on-year, respectively.
As of Feb. 28, property subscription sales stood at 366 million yuan, with a subscription GFA of 34,200 square meters.
In February, the property company acquired two new projects in Hohhot, Inner Mongolia Autonomous Region, with a total gross floor area of 211,795 square meters and a land cost of 808.0 million yuan. For the two months ended February, the group acquired 300,958 square meters in gross floor area with a land cost of 1.34 billion yuan.
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