[ET Net News Agency, 13 April 2018] China Resources Land (01109) said it achieved gross
contracted sales of RMB17.4 billion with contracted gross floor area (GFA) of 1.12 million
square meters, among which contracted sales of RMB15.44 billion with contracted GFA of
1.06 million square meters were from projects operated by the group, up 30.2% and 20.2%
YoY respectively.
Rental income from investment properties in March 2018 achieved RMB685 million, up 24%
YoY. Rental income from investment properties for the first three months of 2018 achieved
RMB2,165 million, up 26% YoY.
Separately, the company said it acquired in March five land parcels in Shenzhen,
Changsha, Chongqing and Changchun with total GFA of 748,302 square meters. The
attributable land premium payable by the group in respect of the relevant land acquisition
amounted to RMB3,629 million. (KL)