(Hong Kong, 13 March 2015) China Overseas Land and Investment Limited (the “Company”; Stock Code: 00688.HK) announced that, for February 2015, the contracted property sales of the Company, together with its subsidiaries, joint ventures and associates (collectively the “China Overseas Series of Companies”) amounted to approximately HK$7.806 billion and the corresponding gross floor area (“GFA”) sold was approximately 533,300 square meters.
From January to February 2015, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$21.591 billion and the accumulated corresponding GFA sold was approximately 1,478,700 square meters. As at 28 February 2015, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$4.589 billion, which are expected to be turned into contracted property sales in the following months.
In February, the Company together with its subsidiaries (collectively the “Group”) did not acquire any land parcels.
Note: In view of the uncertainties involved in investment and sales process, discrepancies may exist between the above figures and those disclosed in our regular reports. As such, the above is for reference only.
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