(Hong Kong, 5 July 2019) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for June 2019, 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$51.185 billion and the corresponding gross floor area (“GFA”) sold was approximately 2,510,300 square meters.
As at 30 June 2019, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$37.174 billion, which are expected to be turned into contracted property sales in the following months.
In June, the Company (together with its subsidiaries (collectively, the “Group”)) acquired 6 land parcels in Dalian, Guiyang, Harbin, Shenzhen, Yantai and Zhengzhou with aggregate attributable gross floor area (“GFA”) of approximately 1,548,482.55 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB12,427.12 million.
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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