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CIFI Holdings (Group) Co. Ltd. (HKEx:884) - Corporate Monthly Newsletter -- February 2014

CIFI Holdings (Group) Co. Ltd.
2014-03-10 08:54 3423

HONG KONG, March 10, 2014 /PRNewswire/ --

Contracted Sales

  • From January to February 2014, the Group achieved contracted sales and contracted GFA of approximately RMB 3.02 billion and 233,800 sq.m., respectively. Contracted ASP from January to February 2014 was approximately RMB 12,920 / sq.m.
  • The Group's contracted sales in the first 2 months of 2014 represent a year-on-year increase of 42% over the contracted sales in the same period in 2013.
  • In February 2014, the Group achieved contracted sales of approximately RMB 810 million with contracted GFA of approximately 62,700 sq.m. Contracted ASP in February 2014 was approximately RMB 12,920 / sq.m. The Group's contracted sales for February 2014 represented a year-on-year increase of approximately 12% (compared to February 2013).

Land Acquisition

  • In February 2014, the Group successfully purchased the following new project(s):
City   Project   Group's Equity Interest   Intended Primary Use   Site Area
(sq.m.)  
Total Planned GFA Excluding Carpark (sq.m.)   Group's Attributable Consideration (RMB)   Average
Land Cost (RMB/
sq.m.)  
Beijing Pinggu District Daxingzhuang Town Project 50% Residential 75,400 132,200 389,000,000 5,885
Source: CIFI Holdings (Group) Co. Ltd.
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HongKong:0884
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