(Hong Kong, 6 July 2023) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that for June 2023, 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 RMB33.199 billion and the corresponding gross floor area sold was approximately 1,381,600 square meters.
From January to June 2023, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB180.176 billion and the accumulated corresponding GFA sold was approximately 8,040,000 square meters, with year-on-year increase of 30.1% and 28.3% respectively.
For June 2023, the Company (together with its subsidiaries (collectively, the “Group”)), acquired nine land parcels in Beijing, Chengdu, Guangzhou, Shenzhen, Tianjin, Changchun, Shijiazhuang and Xiamen with an aggregate attributable GFA of approximately 1,311,311.51 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 acquisition amounted to approximately RMB30,041.99 million. In addition, COGO (together with its subsidiaries (collectively, the “COGO Group”)) acquired one land parcel in Hefei, Anhui Province with an attributable GFA of approximately 184,520.00 square meters. The land premium payable by the COGO Group in respect of such land parcel amounted to approximately RMB2,037.18 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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