(Hong Kong, 6 January 2023) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for December 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 RMB38.056 billion; and the corresponding gross floor area (“GFA”) sold was approximately 1,973,600 square meters.
From January to December 2022, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB294.762 billion and the accumulated corresponding GFA sold was approximately 13,870,200 square meters.
For December 2022, the Company (together with its subsidiaries (collectively, the “Group”)), acquired 3 land parcels in Shenzhen, Dongguan and Xiamen with an aggregate attributable GFA of approximately 161,739.74 square meters, all of which 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 RMB4,080.22 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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