(Hong Kong, 7 April 2020) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for March 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 RMB26.774 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,496,100 square meters.
From January to March 2020, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB59.716 billion and the accumulated corresponding GFA sold was approximately 3,305,800 square meters.
In March 2020, the Company (together with its subsidiaries (collectively, the “Group”)) did not acquire any land parcels.
For March 2020, the Group acquired Foshan Nanhai Vivo City Shopping Center, with aggregate GFA of approximately 153,483 square meters, of which approximately 72,506 square meters are leasable area. The total consideration was approximately RMB556.00 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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