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New land bank acquired in Hanzhou Author:China Overseas Land and Investment Ltd.

On 11th December 2006, China Overseas Property obtained a new land bank in Hanzhou, which is located at First Bridge of Qianjiang river district in Binjinag Region. The land offers a net site area of 47,735 square meter, with plot ratio of 2.5 and gross construction area of 120,000 square meter. The company’s expansion strategy in Pearl River Delta Region is further consolidated with this land acquisition.

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