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

(Hong Kong, 6 Dec 2021) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for November 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 RMB27.242 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,385,700 square meters.

From January to November 2021, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB329.726 billion and the accumulated corresponding GFA sold was approximately 16,621,200 square meters.

In November 2021, the Company (together with its subsidiaries (collectively, the “Group”)) acquired one land parcels in Harbin with an attributable GFA of approximately 176,718.50 square meters, which 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 RMB1,099.15 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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