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You are here:Home / Media / China Overseas Land and Investment Limited Announces Property Sales Results for August 2021
China Overseas Land and Investment Limited Announces Property Sales Results for August 2021 Author:China Overseas Land and Investment Ltd.

(Hong Kong, 6 Sep 2021) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for August 2021, 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 RMB25.023 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,345,100 square meters.

From January to August 2021, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB254.929 billion and the accumulated corresponding GFA sold was approximately 12,869,100 square meters.

In August 2021, the Company (together with its subsidiaries (collectively, the “Group”)) acquired 8 land parcels in Taiyuan, Wuxi, Taizhou, Nanchang, Guiyang and Jiaxing with an aggregate attributable GFA of approximately 903,296.05 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB4,618.66 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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