(Hong Kong, 5 November 2020) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for October 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 RMB28.922 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,710,600 square meters.
From January to October 2020, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB286.108 billion and the accumulated corresponding GFA sold was approximately 15,417,300 square meters.
In October 2020, the Company (together with its subsidiaries (collectively, the “Group”)) acquired 9 land parcels in Qingdao, Taiyuan, Chongqing, Shenzhen, Dongguan, Guangzhou and Wenzhou with aggregate attributable gross floor area (“GFA”) of approximately 1,007,657.55 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB13,944.60 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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