(Hong Kong, 9 November 2016) China Overseas Land and Investment Limited (the “Company”; Stock Code: 00688.HK) announced that, for October 2016, 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$24.531 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,487,300 square meters.
From January to October 2016, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$195.993 billion and the accumulated corresponding GFA sold was approximately 11,887,900 square meters. As at 31 October 2016, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$7.122 billion, which are expected to be turned into contracted property sales in the following months.
In October, 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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