(Hong Kong, 12 October 2017) China Overseas Land and Investment Limited (the 'Company'; Stock Code: 0688.HK) announced that, for September 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$20.681 billion and the corresponding gross floor area ('GFA') sold was approximately 1,254,000 square meters.

From January to September 2017, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$183.644 billion and the accumulated corresponding GFA sold was approximately 11,288,200 square meters. As at 30 September 2017, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$23.337 billion, which are expected to be turned into contracted property sales in the following months.

In September, the Company together with its subsidiaries (collectively the 'Group') acquired 16 new land parcels in Zhengzhou, Kunming, Beijing, Shenyang, Dongguan, Xiamen, Changchun, Chongqing and Suzhou with aggregate attributable gross floor area of approximately 3,050,725 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB18,503.19 million.

China Overseas Land & Investment Limited published this content on 12 October 2017 and is solely responsible for the information contained herein.
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