China Overseas Land & Investment Limited (Stock Code: 688) and China Overseas Grand Oceans Group Limited Announce November 2025 Property Sales and New Land Holdings

Bulletin Express12-04 17:45

China Overseas Land & Investment Limited (Stock Code: 688) and its subsidiaries, joint ventures, and associates reported contracted property sales of approximately RMB22.235 billion in November 2025, marking a year-on-year decrease of 26.0%. The corresponding sales area was around 774,400 square meters, showing a 29.8% year-on-year reduction. From January to November 2025, accumulated contracted sales totaled roughly RMB211.399 billion, with a cumulative sales area of about 9,228,400 square meters, reflecting year-on-year decreases of 21.8% and 9.4%, respectively. Subscribed property sales of around RMB5.068 billion as of 30 November 2025 are anticipated to convert into contracted sales in subsequent months.

In November 2025, the company and its subsidiaries secured three new land parcels in Shanghai, Beijing, and Chengdu, bringing an attributable gross floor area of roughly 203,781.59 square meters and a land premium of about RMB4,310.45 million. From January to November 2025, the group’s new land holdings reached an aggregate attributable gross floor area of approximately 4,232,580.54 square meters with a total attributable land premium of around RMB88,017.28 million.

Separately, China Overseas Grand Oceans Group Limited (COGO) and its subsidiaries acquired one new land parcel in Lanzhou, Gansu Province, during November 2025. This land parcel brings an attributable gross floor area of about 150,251.00 square meters with a corresponding land premium of approximately RMB390.10 million.

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