(Hong Kong, 7 June 2022) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for May 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 RMB26.391 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,021,900 square meters.
From January to May 2022, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB95.033 billion and the accumulated corresponding GFA sold was approximately 4,425,300 square meters.
For May 2022, the Company (together with its subsidiaries (collectively, the “Group”)), acquired 3 land parcels in Guangzhou, Nanchang and Beijing with an aggregate attributable GFA of approximately 424,777.08 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 acquisitions amounted to approximately RMB6,646.80 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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