(Hong Kong, 11 October 2023) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that for September 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 RMB28.071 billion, with a year-on-year increase of 23.0%; and the corresponding gross floor area sold was approximately 995,300 square meters, with a year-on-year decrease of 19.7%.
From January to September 2023, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB239.027 billion and the accumulated corresponding GFA sold was approximately 10,326,100 square meters, with year-on-year increase of 18.7% and 11.9% respectively.
For September 2023, the Company (together with its subsidiaries (collectively, the “Group”)), acquired nine land parcels in Ningbo, Suzhou, Dalian, Nanchang, Guangzhou, Hong Kong, Hangzhou, Nanjing and Tianjin with an attributable GFA of approximately 1,298,055.06 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 RMB26,393.93 million. In addition, COGO (together with its subsidiaries (collectively, the “COGO Group”)) acquired four land parcels in Hohhot, Inner Mongolia Autonomous Region and Quanzhou, Fujian Province with an aggregate attributable GFA of approximately 378,940.00 square meters. The land premium payable by the COGO Group in respect of such land parcels amounted to approximately RMB1,883.07 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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