(Hong Kong, 8 January 2020) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for December 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$33.958 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,576,500 square meters.
From January to December 2019, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$377.168 billion and the accumulated corresponding GFA sold was approximately 17,944,200 square meters.
In December 2019, the Company (together with its subsidiaries (collectively, the “Group”)) acquired five land parcels in Xi’an, Harbin, Zhengzhou, Wuhan and Shijiazhuang with aggregate attributable gross floor area (“GFA”) of approximately 1,386,667.40 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB8,662.86 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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