(Hong Kong, 4 August 2022) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for July 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 RMB17.468 billion and the corresponding gross floor area (“GFA”) sold was approximately 779,000 square meters.
From January to July 2022, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB155.970 billion and the accumulated corresponding GFA sold was approximately 7,043,200 square meters.
For July 2022, the Company (together with its subsidiaries (collectively, the “Group”)), acquired 3 land parcels in Chongqing, Beijing and Changsha with an aggregate attributable GFA of approximately 966,017.79 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 RMB4,566.03 million.
Note: In view of the uncertainties involved in investment and sales process, discrepancies July exist between the above figures and those disclosed in our regular reports. As such, the above is for reference only.
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