(Hong Kong, 6 February 2020) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for January 2020, 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 RMB20.276 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,103,100 square meters.
In January 2020, the Company (together with its subsidiaries (collectively, the “Group”)) acquired two land parcels in Shanghai and Beijing with aggregate attributable gross floor area (“GFA”) of approximately 391,816.57 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB8,039.67 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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