China Overseas Grand Oceans Group (HKG:0081) recorded property contracted sales of around 2.62 billion yuan and a gross floor area (GFA) of 223,000 square meters in April, down 18% and 15%, respectively, from a year prior, a Friday Hong Kong bourse filing said.
From January to April, contracted sales and GFA fell 14% and 16%, respectively, to approximately 9.56 billion yuan and 821,400 square meters.
As of April 30, property subscription sales reached 586 million yuan with a GFA of 52,700 square meters.
In April, the property company acquired two new projects in Jiangsu Province and Zhejiang Province with a total GFA of 90,104 square meters and total land cost of 524 million yuan.
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