China Overseas Land & Investment (COLI) (00688) said its contracted property sales amounted to about HK$9.411 billion in August and the corresponding gross floor area sold was around 672,500 square metres, an increase of 0.98% and 4.1% from a month earlier.
From January to August 2014, the accumulated contracted property sales of the COLI group amounted to about HK$91.771 billion and the accumulated corresponding GFA sold was about 5.74 million square metres.
In addition, as at 31 August 2014, the COLI group had recorded subscribed property sales of about HK$6.175 billion, which are expected to be turned into contracted property sales in the following months.
For August, COLI acquired one new land parcel in Kunming with the aggregate attributable GFA of about 289,963 square metres. The land premium payable by the Group in respect of such new land acquired amounted to around Rmb686.87 million.
11/09/2014 16:55
COLI (00688) August contracted sales up 1% mom to HK$9.4bn
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