(Hong Kong, 6 Jan 2022) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for December 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 RMB39.769 billion and the corresponding gross floor area (“GFA”) sold was approximately 2,283,400 square meters.
From January to December 2021, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB369.495 billion and the accumulated corresponding GFA sold was approximately 18,904,700 square meters.
In December 2021, the Company (together with its subsidiaries (collectively, the “Group”)) acquired 5 land parcels in Chongqing, Beijing, Changsha, Hangzhou and Jiaxing with an aggregate attributable GFA of approximately 1,003,001.32 square meters, of which one will be developed in form of cooperation project. The land premium payable by the Group in respect of the relevant land acquisition amounted to approximately RMB16,864.99 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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