(10 December 2013) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688.HK) announced that the property contracted sales for November 2013 amounted to HK$10.1 billion and the contracted GFA reached 665,000 square meters (including contracted sales amount of HK$1,216 million and the contracted GFA of 104,000 square meters from China Overseas Grand Oceans Group Ltd. (stock code: 00081.HK)). From January to November 2013, the total property contracted sales amounted to HK$131.7 billion and the total contracted GFA reached 8.7 million square meters (including the total contracted sales amount of HK$15.8 billion and the total contracted GFA of 1.5 million square meters from China Overseas Grand Oceans Group Ltd.). As at the end of November, the property subscription sales amounted to HK$9.3 billion and the subscription GFA reached 402,800 square meters.
In November, the Yangtze River Delta Region realized both the strongest contracted sales amount and contracted GFA sold – its total contracted sales amounted to HK$3,928 million and its total contracted GFA sold amounted to 207,600 square meters.
No new land was acquired in November 2013. Besides, China Overseas Grand Oceans Group Ltd. acquired 5 new projects in Nantong, Jilin, Yangzhou and Yancheng with an attributable GFA of 1,417,281.1 square meters. The land premium payable was RMB2.0 billion. The Company acquired a total new land amounting to 11.1 million square meters and the attributable portion was 10.7 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 above is only for reference purpose.
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