(10 June 2013) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688.HK) announced that the property contracted sales for May 2013 amounted to HK$12.8 billion and the contracted GFA reached 883,000 square meters (including contracted sales amount of HK$1,250 million and the contracted GFA of 126,800 square meters from China Overseas Grand Oceans Group Ltd. (stock code: 00081.HK)). From January to May 2013, the total property contracted sales amounted to HK$64.8 billion and the total contracted GFA reached 4.3 million square meters (including the total contracted sales amount of HK$6.6 billion and the total contracted GFA of 626,800 square meters from China Overseas Grand Oceans Group Ltd.). As at the end of May, the property subscription sales amounted to HK$8.1 billion and the subscription GFA reached 455,300 square meters.
In May, the Pearl River Delta Region realized the strongest contracted sales amount as well as the strongest contracted GFA sold – its total contracted sales amounted to HK$3,507 million, while its total contracted GFA sold amounted to 232,000 square meters.
In May, the Company acquired 3 new projects in Xi’an, Changchun and Jinan with total attributable GFA of 1,059,504 square meters. The land premium payable was RMB1.9 billion. The Company acquired a total new land amounting to 4.0 million square meters and the attributable portion was 3.7 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 aboveis only for reference purpose.
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