China Overseas Grand Oceans Group Ltd. Acquires New Project in Huicheng District, Expanding Real Estate Footprint

Reuters
2025/09/04
<a href="https://laohu8.com/S/00688">China Overseas</a> Grand Oceans Group Ltd. Acquires New Project in Huicheng District, Expanding Real Estate Footprint

China Overseas Grand Oceans Group Ltd. has announced the acquisition of a new construction project in Huicheng District, Huizhou, Guangdong Province. The project encompasses a total gross floor area $(GFA)$ of 179,460 square meters. In August 2025, the property contracted sales for the China Overseas Grand Oceans Series of Companies reached RMB2.133 billion, with a contracted GFA of 203,200 square meters, marking a year-on-year increase of 6.1% and 4.5%, respectively. However, from January to August 2025, the total contracted sales and GFA saw a year-on-year decrease of 10.6% and 9.7%, respectively. The Group also reported property subscription sales amounting to RMB439 million with a subscription GFA of 39,700 square meters as of the end of August 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Overseas Grand Oceans Group Ltd. published the original content used to generate this news brief on September 04, 2025, and is solely responsible for the information contained therein.

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