(Hong Kong, 9 April 2021) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for March 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 RMB38.832 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,887,000 square meters.
From January to March 2021, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB89.411 billion and the accumulated corresponding GFA sold was approximately 4,429,700 square meters.
In March 2021, the Company (together with its subsidiaries (collectively, the “Group”)) acquired 3 land parcels in Suzhou, Dongguan and Zhengzhou with an aggregate attributable GFA of approximately 896,719.50 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB7,665.58 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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