Stock Value
About China Overseas Land & Investment
China Overseas Land & Investment Limited engages in property development and investment, real estate agency and management, and treasury operations. The company’s business activities are principally carried out in Hong Kong, Macau, Guangzhou, Shanghai, Hangzhou, Beijing, Chengdu, Nanjing, Suzhou and other regions in the China. The company is a subsidiary of China State Construction Engineering Corporation.
As of December 31, 2008, the company had total land for development of approximately 24.8 million square meters in which attributable part was approximately 21.8 million square metes in 22 cities/districts, including mainland cities, Hong Kong and Macau.
Project Development
The company engages in the development and sale of properties. It completed 27 projects in mainland China amounting to a gross floor area (GFA) of 2.58 million square meters. It completed two projects in Hong Kong, amounting to a GFA of 12,000 square meters.
Property investment
The company involves in property letting. As of December 31, 2008, the company had an aggregate of approximately 200,000 square meters of investment properties in Hong Kong and mainland China. Its investment property under development includes China Overseas Plaza located in Beijing’s central business district.
Infrastructure
The company has investments in entities undertaking toll highways.
Other operations
The company’s other operations include property management, property agency, logistics operations, building design consultancy services, supply of heat and electricity, and securities trading.
