(10 May 2013) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688.HK) announced that the property contracted sales for April 2013 amounted to HK$11.9 billion and the contracted GFA reached 843,500 square meters (including contracted sales amount of HK$1,206 million and the contracted GFA of 118,900 square meters from China Overseas Grand Oceans Group Ltd. (stock code: 00081.HK)). From January to April 2013, the total property contracted sales amounted to HK$52.0 billion and the total contracted GFA reached 3.4 million square meters (including the total contracted sales amount of HK$5.3 billion and the total contracted GFA of 500,000 square meters from China Overseas Grand Oceans Group Ltd.). As at the end of April, the property subscription sales amounted to HK$6.9 billion and the subscription GFA reached 433,400 square meters.
In April, the Yangtze River Delta Region realized the strongest contracted sales amount – its total contracted sales amounted to HK$3,062 million; while the Western Region realized the strongest contracted GFA sold – its total contracted GFA sold amounted to 207,900 square meters.
No new land was acquired in April. The Company acquired a total new land amounting to 2.9 million square meters and the attributable portion was 2.6 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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