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

(hong kong, 7 may 2020) china overseas land and investment limited (the “company”; stock code: 0688.hk) announced that, for april 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 rmb27.952 billion and the corresponding gross floor area (“gfa”) sold was approximately 1,484,900 square meters.

from january to april 2020, the accumulated contracted property sales of the china overseas series of companies amounted to approximately rmb87.668 billion and the accumulated corresponding gfa sold was approximately 4,790,500 square meters.

in april 2020, the company (together with its subsidiaries (collectively, the “group”)) acquired three land parcels in beijing, changsha and shenyang with aggregate attributable gross floor area (“gfa”) of approximately 859,926.08 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 rmb8,085.31 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.