China Overseas Land & Investment Limited (688) Announces October 2025 Property Sales and Land Acquisitions; Update Also Covers China Overseas Grand Oceans Group

Bulletin Express
Nov 06

China Overseas Land & Investment Limited (the Company, Stock Code: 688) released data on property sales and new land holdings for the ten months ended 31 October 2025. The announcement also includes information related to China Overseas Grand Oceans Group Limited (COGO).

In October 2025, the contracted property sales for the Company and its subsidiaries, joint ventures, and associates totaled approximately RMB18.661 billion, reflecting a 55.1% year-on-year decrease. The corresponding sales area was around 871,600 square meters, a 40.0% decline compared to the same period last year. From January through October 2025, cumulative contracted property sales reached RMB189.165 billion, down 21.3% year-on-year, with the corresponding sales area of approximately 8,454,000 square meters marking a 6.9% decrease. As of 31 October 2025, subscribed property sales of RMB2.926 billion were recorded and are expected to convert into contracted property sales in subsequent months.

Regarding new land holdings, the Company (together with its subsidiaries) acquired three land parcels in October 2025—located in Guangzhou, Shanghai, and Shijiazhuang—with a total attributable gross floor area of about 395,089.81 square meters and an attributable land premium of roughly RMB7,073.00 million. From January to October 2025, the total attributable GFA of the Company’s newly acquired land amounted to approximately 4,028,798.95 square meters, with an attributable land premium of RMB83,706.83 million.

COGO also reported land acquisitions in October 2025, adding one land parcel in Yangzhou, Jiangsu Province. The attributable gross floor area is approximately 94,532.00 square meters, with an attributable land premium of RMB403.00 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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