Latest Projects

Longfor acquired 5 new projects this month (2 of which were from M&A).

  • ⚫ In October, the Group acquired the Ke Hua Road project in Chengdu. Located in Wuhou District, the plot is in North-South main trunk road interchange and close to several subway stations. The plot is surrounded by abundant commercial facilities and colleges, bringing strong consumption capacity to the plot. The project covers a site area of 11,300 m2, with a total planned GFA of 33,800 m2. The total acquisition price amounted to RMB367 million with an accommodation value of RMB10,862/ m2. The plot will be developed into long-term rental apartments.

  • ⚫ In October, the Group acquired a 51% stake in the Shique beach B plot in Qingdao. Located in the core area of Huangdao District, the plot is directly accessibleto the main city along the Binhai Avenue. Adjacent to Golden Sand Beach (National 4A Scenic Area), the plot is surrounded by an excellent landscaped environment and comprehensive educational and commercial facilities. The project covers a site area of 17,100 m2, with a total planned GFA of 21,800 m2 (planned attributable GFA 11,100 m2). The total land price amounted to RMB199 million with an accommodation value of RMB17,893/ m2. The plot will be developed into developed into long-term rental apartments.

⚫ 杭州金沙天街

Hangzhou Jinsha Paradise Walk

On 11 October, the Group acquired a 51% stake in the Chashan Road A2 plot in Changsha. Located in financial centre of Yuelu District, the plot is close to Chashan Station of the No. 4 metro line. it is also surrounded by financial and government organizations, as well as high-end service industries. Besides, it is equipped with quality education resources and natural resources such as Shijia Port Park. The project covers a site area of 149,500 m2, with a total planned GFA of 597,800 m2 (planned attributable GFA 304,900 m2). The total land price amounted to RMB1,982 million, with an accommodation value of RMB 6,500/ m2. The plot will be developed into a mid-to-high-end residential community targeting upgraders.

HKSE Stock Code: 960 Longfor Group Holdings Limited

  • ⚫ On 24 October, the Group acquired Dong Bei Da Ma Lu plot in Shenyang. Located in Dadong District, it is close to Liming Square station of the No. 1 metro line and surrounded by several main transit arteries. Educational, medical and commercial facilities are also well-equipped. The project covers a site area of 19,100 m2, with a total planned GFA of 34,300 m2. The total land price amounted to RMB203 million with an accommodation value of RMB5,900 / m2. The plot will be developed into a mid-to-high-end residential community targeting upgraders.

  • ⚫ On 29 October, the Group acquired a 16% stake in the Wangjiang Street plot in Hangzhou. Located in Shangcheng District, the plot is well connected to transportation pass, and is close to several metro lines. It is equipped with commercial, medical and educational amenities, as well as two scenic areas of Wushan and West Lake. The project covers a site area of 32,300 m2, with a total planned GFA of 87,300 m2 (planned attributable GFA 14,000 m2). The attributable land price amounted to RMB419 million with an accommodation value of RMB29,976/ m2. The plot will be developed into a mid-to-high-end residential community targeting upgraders.

HKSE Stock Code: 960 Longfor Group Holdings Limited

S⚫ales Overview

⚫⚫

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RMB5,848/ m2. The plot will be developed into a mid-to-high-endresiPdaenntialYancgotzme munity

(RMBupbng)raders.

Western

Bohai RimRiver Delta

Central China

targeting

SouthernChinaContracted

3.53

6.77

2.42

0.98

1.34

Sales

(All figures above are unaudited)

HKSE Stock Code: 960 Longfor Group Holdings Limited

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Longfor Properties Co. Ltd. published this content on 09 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 November 2018 09:53:03 UTC