(Hong Kong, 8 Apr 2022) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for March 2022, 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 RMB22.662 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,093,000 square meters.
From January to March 2022, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB48.280 billion and the accumulated corresponding GFA sold was approximately 2,506,200 square meters.
For March 2022, the Company (together with its subsidiaries (collectively, the “Group”)), acquired 4 land parcels in Shanghai, Xiamen, Chongqing and Chengdu with an aggregate attributable GFA of approximately 447,126.84 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB9,003.42 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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