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China Overseas Land and Investment Ltd Announces Property Sales Results for July 2012 Author:China Overseas Land and Investment Ltd.

(9 August 2012) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688.HK) announced that the property sales in July amounted to HK$10.1 billion and the GFA sold reached 701,800 square meters, representing a YOY growth of 25.5% and 42.4% respectively. From January to July 2012, the total property sales amounted to HK$75.3 billion and the total GFA sold reached 4.7 million square meters, representing a YOY growth of 24.8% and 30.5% respectively.

In July, the Bohai Rim Region realized the strongest property sales and GFA sold, as well as the strongest percentage growth in GFA sold – its sales revenue amounted to HK$2.6 billion; while its total GFA sold amounted to 200,700 square meters, an increase of 178.8% as compared to the same period of last year. Yangtze River Delta Region realized the strongest percentage growth in property sales – its total sales revenue amounted to HK$2.1 billion, representing a YOY increase of 108.9%.

In July, the Company acquired 1 new project in Tianjin with an attributable GFA of 300,000 square meters. The total land premium payable was RMB3.0 billion. Besides, China Overseas Grand Oceans Group Ltd. (stock code: 00081.HK) acquired 1 new project in Yangzhou in July with an attributable GFA of 233,246 square meters. The land premium payable was RMB839.7 million. The Company has acquired a total new land amounting to 3.3 million square meters and the attributable portion was 3.1 million square meters so far this year.

Note: In view of the uncertainties involved in investment and sales process, there may exist discrepancies between the above figures and those disclosed in our regular reports. As such, the above is only for reference purpose.

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