Property Valuation for China Overseas Property Holdings (02669.hk)
As at June 2018, China Overseas Property Holdings provided property management services to 662 properties located across 73 cities and regions in Hong Kong, Macau, and the People’s Republic of China, with an aggregate GFA under management of approximately 131.7 million sq.m. It is one the strategies of the Group to develop a full-services value chain by providing all-encompassing real estate development services covering sales agency, sales services and investment property leasing services (including management of car parks).
By early of 2019, the Group acquired batches of car parking spaces in Shanghai and Guangzhou that were for lease, as well as office spaces in Chongqing that were planned for self-occupied. We valued the properties for Circular purpose.