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China Overseas Property bought site in Dalian for 759 million yuan Author:China Overseas Land and Investment Ltd.

On 30 November 2007, China Overseas Property succeeded in bidding for a land in Dalian at 759 million yuan. The site in Dalian’s Shahekou district offers a total site area of 87,400 square meter and gross development area of 165,300 square meter, which is planned for building multi-storey and low- rise residential properties. With the nearby convenient transportation and comprehensive facilities, and surrounded by natural mountain views in the south and the west, the land locates in a district of mature market conditions. This is the second site that China Overseas Property bought, after the land parcel numbered #2007-22 in Dalian city was secured on July 24 this year.

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