View in : 中文(HK)  
 
SOURCE: CIFI Holdings (Group) Co. Ltd.
6th September 2016

CIFI’s Contracted Sales in First 8M of 2016 Exceeded RMB36.30B, up 154% YoY

HONG KONG, CHINA - Media OutReach - Sep 6, 2016 - CIFI Holdings (Group) Co. Ltd. ("CIFI", or the "Group", HKEX Code: 884), one of the "Top 20 Real Estate Developers in China" is pleased to announce that contracted sales for August 2016 increased 54% year-on-year to RMB3.70 billion. The first eight months achieved year-on-year growth of 154% to RMB36.30 billion, exceeded 83% of the full year sales target.

 

In August 2016, the Group's contracted ASP was RMB 19,600 per sq.m., up approximately 38% year-on-year, with the contracted GFA was approximately 188,500 sq.m.

 

From January to August 2016, contracted sales of the Group increased 154% year-on-year to RMB36.30 billion with a contracted GFA of approximately 2,043,900 sq.m., while contracted ASP from January to August 2016 was approximately RMB17,800 per sq.m., up approximately 40% year-on-year. During the first eight months of 2016, contracted sales of the Group achieved 83% of its full year contracted sales target of RMB43.8 billion.

 

Land Acquisition

In August 2016, the Group has successfully conducted the following acquisitions:

 

City

Project

Group's Current Equity Interest

Intended Primary Use

Site Area

(sq.m.)

Total Planned GFA Excluding Carpark (sq.m.)

Group's Attributable Consideration (RMB)

Average

Land Cost (RMB/

sq.m.)

Shenyang

Tiexi District First Grain Warehouse Project

100%

Residential

84,832

186,630

1,222,430,000

6,550

Shenyang

Dadong District Vocational and Technical College South-1 Project

100%

Commercial,

Residential

55,560

133,344

346,690,000

2,600

Shenyang

Dadong District Vocational and Technical College South-2 Project

100%

Commercial,

Residential

61,451

135,192

367,720,000

2,720

 

Company Logo

http://release.media-outreach.com/i/Download/5527

 

About CIFI Holdings (Group) Co. Ltd.

CIFI is headquartered in Shanghai and is amongst China's Top 30 Real Estate Developers. CIFI principally focus on developing high quality and end-users driven properties in first- and second-tier cities in China. CIFI's development projects cover various properties types including residential, office and commercial complexes. To learn more about the Company, please visit CIFI's website at: http://www.cifi.com.cn




Gallery

  •  

Highlighted Links
Related News