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China Resources Land logs 8.60B yuan of March sales

China ResourcesLand Ltd. and its subsidiaries recorded contracted sales of approximately8.60 billion Chinese yuan in March.

The company said April 8 that the sales figure in March correspondedto around 718,300 square meters of contracted gross floor area. Rental income frominvestment properties amounted to approximately HK$573 million.

In addition, China Resources Land and its subsidiaries acquiredthree land parcels in Foshan, Shenyang and Haikou, China, for an attributable landpremium of around 3.54 billion yuan, according to a separate same-day release.

The acquired projects span a total gross floor area of approximately1,557,825 square meters. The three projects are the Foshan New City Tengchong VillageProject, Shenyang Santaizi No.1 Project and Haikou Longhua District Project.

The company recorded around 8.69 billion yuan of contracted in February.

As of April 8, US$1 wasequivalent to 6.47 Chinese yuan.