(Hong Kong, 4 June 2020) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for May 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 RMB26.784 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,479,500 square meters.
From January to May 2020, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB114.452 billion and the accumulated corresponding GFA sold was approximately 6,270,100 square meters.
In May 2020, the Company (together with its subsidiaries (collectively, the “Group”)) acquired six land parcels in Changsha, Taiyuan, Weihai, Tianjin, Dalian and Foshan with aggregate attributable gross floor area (“GFA”) of approximately 1,973,655.93 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB16,887.35 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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