omniture

CIFI Holdings (Group) Co. Ltd.(HKEx:884) Announces Corporate Monthly Newsletter -- June 2013

CIFI Holdings (Group) Co. Ltd.
2013-07-03 09:00 1220

HONG KONG, July 3, 2013 /PRNewswire/ --

Contracted Sales

  • From January to June 2013, the Group achieved contracted sales and contracted GFA of approximately RMB 7.16 billion and 715,000 sq.m., respectively. Contracted ASP from January to June 2013 was approximately RMB 10,013 /sq.m. During the period, breakdowns of the Group's contracted sales were as follow:
By Region  RMB'billion  % of total  
Yangtze River Delta 4.11 57%
Pan Bohai Rim 2.05 29%
Central Western Region 1.00 14%

By Type of Cities  RMB'billion  % of total  
First-tier cities 3.35 47%
Second-tier cities 3.38 47%
Third-tier cities 0.43 6%

By Product  RMB'billion  % of total  
Residential 5.73 80%
Office 1.43 20%
  • The Group's contracted sales in the first six months of 2013 represent a year-on-year increase of 96% over the contracted sales in the same period in 2012. During the first six months of 2013, the Group completed approximately 57% of its full year 2013 contracted sales target (made in the beginning of this year) of RMB 12.5 billion.
  • In June 2013, the Group achieved contracted sales of approximately RMB 1.47 billion and contracted GFA of approximately 140,000 sq.m. Contracted ASP in June 2013 was approximately RMB 10,500 /sq.m. The Group's contracted sales for June 2013 represents a year-on-year increase of approximately 29% (compared to June 2012).

Land Acquisition

  • In June 2013, the Group successfully made the following new project acquisition(s):
City  Project  Group's equity interest  Intended primary use  Site area
(sq.m.) 
Planned GFA excluding carpark (sq.m.)  Consideration (RMB)  Average land cost (RMB/
sq.m.) 
Attribut. GFA (sq.m.)  Attribut. Consideration (RMB) 
Hefei Baohe S1303 Site 33% Residential 64,000 204,900 462,048,600 2,255 67,617 152,476,038

Disclaimer

  • All information contained in this newsletter is meant for your own reference only, and is not intended to, nor should it, constitute any investment advice.  Any information contained in this newsletter, including those relating to contracted sales or land bank of CIFI Holdings (Group) Co. Ltd. (the "Company"), may be subject to change as a result of changes in our development, sales and investment processes and may not be consistently reflected in our financial reports. The Company expressly disclaims any liability for any of your loss or damage howsoever arising from or in reliance upon the contents of this newsletter.
Source: CIFI Holdings (Group) Co. Ltd.
collection