(Hong Kong, 4 February 2021) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for January 2021, 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 RMB27.018 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,416,700 square meters.
In January 2021, the Company (together with its subsidiaries (collectively, the “Group”)) acquired 3 land parcels in Changchun, Beijing and Suzhou with an aggregate attributable GFA of approximately 718,322.82 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB5,196.24 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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