(Hong Kong, 4 November 2022) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for October 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 RMB31.291 billion, with a year-on-year increase of 15.1%; and the corresponding gross floor area (“GFA”) sold was approximately 1,455,600 square meters, with a year-on-year increase of 15.1%.
From January to October 2022, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB232.594 billion and the accumulated corresponding GFA sold was approximately 10,682,100 square meters.
For October 2022, the Company (together with its subsidiaries (collectively, the “Group”)), acquired 4 land parcels in Tianjin, Xi’an and Xiamen with an aggregate attributable GFA of approximately 688,340.66 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 RMB7,587.97 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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