china overseas land and investment limited announces property sales results for january 2018 | 中國海外集團-必一运动官网

(hong kong, 6 february 2018) china overseas land and investment limited (the “company”; stock code: 0688.hk) announced that, for january 2018, 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 hk$25.826 billion and the corresponding gross floor area (“gfa”) sold was approximately 1,569,500 square meters.

as at january 31 2018, the china overseas series of companies had recorded subscribed property sales of approximately hk$22.983 billion, which are expected to be turned into contracted property sales in the following months.

in january, the company (together with its subsidiaries (collectively, the “group”)) acquired 4 land parcels in foshan, hangzhou, beijing and guangzhou with aggregate attributable gross floor area (“gfa”) of approximately 1,198,226.00 square meters. the land premium payable by the group in respect of the relevant land acquisitions amounted to approximately rmb11,326.96 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.