China Overseas Land and Investment Ltd Announces New Land Acquisitions in Shenyang City
Author:China Overseas Land and Investment Ltd.
(17 November 2009) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688) announced the new land acquisitions in Shenyang City on 13th November 2009. With the site area of 716,000 square meters, the total attributable GFA of the project reached 2.31 million square meters. The total land premium payable was 3.48 billion yuan. The company owns 100% of this project.
Shenyang Tawan Street Dongcheliang Factory Project is located within the first ring of Shenyang City. Located at the west of Tawan Street, the north of Kunshan West Road and the south of Beiyi Road, the project enjoys sound infrastructure and efficient transportation network. The company plans to develop it into exquisite multiple types of residential developments.
Note:In view of the uncertainties involved in investment and sales process, there may exist discrepancies between the above figures and those disclosed in our regular reports. As such, the above is only for reference purpose.
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