(Hong Kong, 10 January 2018) China Overseas Land and Investment Limited (the 'Company'; Stock Code: 0688.HK) announced that, for December 2017, 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$12.736 billion and the corresponding gross floor area ('GFA') sold was approximately 859,900 square meters.

From January to December 2017, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$232.069 billion and the accumulated corresponding GFA sold was approximately 14,463,200 square meters. As at 31 December 2017, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$22.136 billion, which are expected to be turned into contracted property sales in the following months.

In December, the Company together with its subsidiaries (collectively the 'Group') acquired 2 land parcels in Tianjin and Beijing with aggregate attributable gross floor area ('GFA') of approximately 36,676.68 square meters, which 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 RMB962.68 million.

China Overseas Land & Investment Limited published this content on 10 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 January 2018 10:04:03 UTC.

Original documenthttp://www.coli.com.hk/en/media/20180110/13014.html

Public permalinkhttp://www.publicnow.com/view/4B661975D8006324C3FC1F2033D012BB0909ED68