Media centre

You are here:Home / Media / China Overseas Land and Investment Limited Announces Property Sales Results for April 2022
China Overseas Land and Investment Limited Announces Property Sales Results for April 2022 Author:China Overseas Land and Investment Ltd.

(Hong Kong, 10 May 2022) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for April 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 RMB20.362 billion and the corresponding gross floor area (“GFA”) sold was approximately 897,100 square meters.

From January to April 2022, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB68.642 billion and the accumulated corresponding GFA sold was approximately 3,403,400 square meters.

For April 2022, the Company (together with its subsidiaries (collectively, the “Group”)), acquired 5 land parcels in Chengdu, Changsha, Ningbo and Nanjing with an aggregate attributable GFA of approximately 953,126.07 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB10,592.77 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.

Related news