(Hong Kong, April 7, 2017) China Overseas Development Co., Ltd. ("the company"; stock code: 00688.HK) announced that the company, together with its subsidiaries, The contracted property sales of the joint ventures and associated companies (collectively referred to as "China Overseas Series Companies") in March were approximately HK$22.348 billion, and the corresponding floor area was approximately 1,249,800 square meters.
From January to March 2017, the cumulative contracted property sales of the China Overseas Series of Companies was approximately HK$57.162 billion, and the corresponding cumulative floor area was approximately 3.3142 million square meters. Meter. As of March 31, 2017, the China Overseas Group of Companies recorded subscribed shopping sales of approximately HK$13.285 billion, which is expected to be converted into contracted property sales in the next few months.
In March, the company and its subsidiaries (collectively referred to as the "Group") acquired four parcels of land in Chengdu, Xi’an, Chongqing and Shanghai. The total area is approximately 1,067,371 square meters. The land transfer fee payable by the Group for the acquisition of land was approximately RMB 9,853.31 million.
Note: There are various uncertainties in the sales and investment process. The above sales and new land bank data may be different from the figures disclosed in regular reports, so the above data is for reference only .
