China Overseas Land & Investment (COLI) (00688) said contracted property sales of the group amounted to about HK$10.807 billion in March, an increase of 19% from the previous month, and the corresponding gross floor area (GFA) sold was around 587,200 square metres.
For the first three months of 2014, the accumulated contracted property sales of the group amounted to around HK$35.128 billion and the accumulated corresponding GFA sold was around 1.95 million square metres.
As at 31 March 2014, the COLI group had recorded subscribed property sales of about HK$7.141 billion, which are expected to be turned into contracted property sales in the following months.
Besides, the COLI group acquired 2 new land parcels in Taiyuan (Shanxi Province) with the aggregate attributable GFA of around 858,157.9 square meters. The land premium payable by the Group in respect of such new land acquired amounted to around Rmb1,854.5
million.
11/04/2014 08:37
COLI (00688) March contracted sales up 19%m-m to HK$10.8bn
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