china overseas land and investment limited announces property sales results for december 2020 | 中國海外集團-必一运动官网

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    china overseas land and investment limited announces property sales results for december 2020

    time: 2021-01-07 11:35:18  source: china overseas holdings limited

    (hong kong, 6 january 2021) china overseas land and
    investment limited (the “company”; stock code: 0688.hk) announced that, for december
    2020, 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 rmb39.787 billion and the
    corresponding gross floor area (“gfa”) sold was approximately 2,026,900 square meters.

    from january to december 2020, the accumulated contracted property
    sales of the china overseas series of companies amounted to approximately rmb360.723
    billion and the accumulated corresponding gfa sold was approximately 19,173,100
    square meters.

    in december 2020, the company (together with its subsidiaries
    (collectively, the “group”)) acquired 7 land parcels in hong kong, dalian,
    shijiazhuang, shenyang, kunming, nanchang and jinan with an aggregate
    attributable gfa of approximately 1,130,301.43 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 rmb10,452.63
    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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