China Overseas Land and Investment Ltd Announces Property Sales Results for July 2016
[ Date：2016-08-22 Visits： ]
China Overseas Land and Investment Limited (the “Company”; Stock Code: 00688.HK) has recently announced that, for July 2016, 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$12.761 billion and the corresponding gross floor area (“GFA”) sold was approximately 827,400 square meters.
By the end of July 2016, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$108.018 billion and the accumulated corresponding GFA sold was approximately 6,838,500 square meters. As at July 31, 2016, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$5.417 billion, which are expected to be turned into contracted property sales in the following months.
In July, the Company together with its subsidiaries (collectively the “Group”) did not acquire any land parcels. (from COHL)