China Overseas Land & Investments

What China Overseas Land & Investments does

China Overseas Land & Investment Ltd. (COLI, 0688.HK) is a Hong Kong-headquartered, vertically integrated real estate developer and operator, founded in 1979 and listed on the Hong Kong Stock Exchange since 1992. It is a subsidiary of state-owned China State Construction Engineering Corporation (CSCEC) under SASAC. The company operates across three business clusters: residential development (the COLI Good Houses brand featuring the Living OS smart-home system, deployed across 1,900+ completed projects and over 200 million sqm of cumulative GFA), operating businesses (71 Grade-A office buildings under the COOC platform, 32 shopping malls under UNIC's Unipark/Unielite/Unifun product lines, 13 star-rated hotels under THE COLI HOTEL brand and partnerships with Marriott, IHG, Hyatt, Accor, and Ascott, Unilive long-term rental apartments across 11 cities, and COLI Senior Living facilities), and ecological businesses (Hua Yi Design with dual Class-A qualifications, China Overseas Management general contracting, Shenzhen Lingchao B2B supply chain, Shenzhen Haizhichuang Technology, and Tian Shan Metal Materials).

COLI monetizes primarily through one-time property sales of residential and commercial units across 90+ mainland Chinese cities plus Hong Kong, Macau, London, Singapore, and Australia, generating RMB 168.09 billion in FY2025 revenue and RMB 251.23 billion in contracted sales. A growing recurring-revenue layer includes commercial property rental income (RMB 7.20 billion in 2025, fully covering total interest expense), REIT asset management via China Overseas Commercial REIT (180607.SZ, listed on the Shenzhen Stock Exchange in October 2025), property management fees, hotel operations, and rental apartment income. The company's go-to-market is direct enterprise and field sales supported by a captive design-build-operate platform. COLI's customer base is anchored by affluent individual homebuyers in tier-1 cities, 350+ Fortune Global 500 office tenants, and government partners for urban renewal projects (Beijing Daji, Shanghai Zhenru, Shenzhen urban villages). The company holds industry-leading credit ratings (Fitch A-, S&P A-, Moody's Baa2) and the #1 S&P CSA ESG score (69) among mainland real estate developers.

Name

China Overseas Land & Investments

Legal name

China Overseas Land & Investment Ltd.

Website

https://coli.com.hk

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

China Overseas Land & Investment (COLI, 0688.HK) is a Hong Kong-listed, state-owned (CSCEC subsidiary) vertically integrated real estate developer and operator delivering premium residential, commercial office, retail, hotel, rental, and senior-living assets across 90+ Chinese cities plus Hong Kong, London, Singapore, and Australia to affluent homebuyers, Fortune 500 tenants, and government partners.

Ownership category

akta.pro rank

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Property Development and Sales: Primary revenue stream from residential and commercial property sales. The company develops and sells properties across over 90 Chinese cities, Hong Kong, Macau, London, Singapore, and Australia. In 2025, achieved contracted sales of RMB 251.23 billion with attributable sales ranking first in the industry for the second consecutive year.
2. Commercial Property Investment and Operations: Revenue from operating owned commercial assets including office buildings, shopping malls, hotels, and rental apartments. In 2025, commercial properties revenue reached RMB 7.20 billion, fully covering the Group's total interest expenses. Includes 71 Grade-A office buildings, 32 shopping malls, 13 star-rated hotels, and long-term rental apartment operations.
3. REIT and Asset Management: Revenue from REIT listing and asset management fees. China Overseas Commercial REIT (180607.SZ) was listed on Shenzhen Stock Exchange in 2025, marking the first consumption REIT implemented through acquisition-renovation-enhancement-revitalization model in mainland China.
4. Property Management Services: Property management services through subsidiary including residential, commercial, and facility management. Also includes design services through 华艺设计 (Hua Yi Design), which is among China's top 100 design institutes.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels5 records

Core offering

COLI develops, sells and operates premium residential properties, Grade-A office buildings, shopping malls, hotels, long-term rental apartments and senior living facilities across mainland China, Hong Kong, Macau and select international markets. It also runs supporting ecological businesses including a B2B construction supply chain platform, architectural design services, construction management, and building materials manufacturing. Revenue is generated through property sales, recurring rental and operating income, property management fees, and asset management.

Product overview

China Overseas Land & Investment (COLI) operates as a vertically integrated real estate developer offering residential, commercial, and operating business services across Hong Kong, Macau, Mainland China, and international markets. The core product is COLI Good Houses (中海好房子), a premium residential brand featuring the Living OS smart home system delivering intelligent living environments. Operating businesses span office management (71 Grade-A buildings via China Overseas Office Capital/COOC), retail commerce (32 malls under Unipark/Unielite/Unifun brands via China Overseas Uni Commerce/UNIC), long-term rental apartments (Unilive Apartment/Residence across 11 cities), senior living (中海康養 with certified facilities), and 13 star-rated hotels (THE COLI brand plus partnerships with Marriott, IHG, Hyatt, Accor, Ascott). Ecological businesses include supply chain management (Shenzhen Lingchao), construction management (China Overseas Management), smart technology (Shenzhen Haizhichuang), architectural design (Hua Yi Design with 4,300+ projects), and metal materials (Tian Shan with 174 patents). The company also manages China Overseas Commercial REIT (180607.SZ) listed on Shenzhen Stock Exchange, enabling full-cycle asset management from investment to exit.

Differentiator

Problem solved

Functional benefit

Brands

• COOC (China Overseas Office Capital): Full-spectrum office asset management brand managing 71 Grade-A office buildings across global cities including London, Beijing, Shanghai, and Chengdu.
• UNIC (China Overseas Uni-Commerce)
• Unilive (友裏)
• Hua Yi Design (華藝設計)
• China Overseas Management (中海管理)
• Lingchao Supply Chain (领潮供应链)

Products and services

• COLI Good Houses (中海好房子) Residential Development Premium residential development brand delivered across 90+ mainland Chinese cities and Hong Kong/Macau. Built around the Living OS smart home framework integrating health, comfort, sustainability and intelligence. Scaled to 1,900+ completed projects with GFA exceeding 200 million sqm globally.
• China Overseas Office Capital (COOC) Grade-A Office Portfolio Owned commercial office asset management platform operating 71 Grade-A office buildings across nearly 30 global cities including London, Beijing, Shanghai and Chengdu. Hosts over 350 Fortune Global 500 companies as tenants. Manages leasing, tenant management and property services.
• China Overseas Uni-Commerce (UNIC) Shopping Mall Portfolio Owned integrated commercial asset development and management platform running 32 shopping malls across 15 key Chinese cities including Beijing, Shanghai, Shenzhen and Guangzhou. Operates three product lines: Unipark (metropolitan one-stop malls), Unielite (refined business-oriented malls) and Unifun (boutique community lifestyle centers). Total GFA exceeds 4 million sqm.
• Unilive Long-Term Rental Apartments Direct-operated rental apartment platform with two brands: Unilive Apartment (business-service apartments) and Unilive Residence (community-oriented apartments), operating across 11 major Chinese cities for individual tenants and corporate housing clients.
• THE COLI HOTEL and International Hotel Brand Operations Star-rated hotel operations comprising the self-owned five-star THE COLI HOTEL brand and partnerships with Marriott, IHG, Hyatt, Accor and Ascott, totaling 13 star-rated hotels and 1 golf club across major Chinese cities and Shenzhou Peninsula.
• COLI Senior Living and Elderly Care (中海康养) Senior living and elderly care brand operating continuous-care institutions integrating medical and wellness services. Facilities certified at national four-star and five-star standards with occupancy above 93% in cities including Beijing, Shanghai, Tianjin, Wuxi, Jinan and Qingdao.
• China Overseas Commercial REIT (180607.SZ) Closed-end infrastructure securities investment fund listed on Shenzhen Stock Exchange (180607.SZ) providing public-market access to COLI's commercial real estate assets under an acquisition-renovation-enhancement-revitalization model.
• Shenzhen Lingchao Supply Chain Management (领潮供应链管理) B2B Platform Industry-leading B2B integrated service platform for home furnishing and building materials trading, empowering procurement through technology and creating an intelligent ecosystem in the construction supply chain sector.
• China Overseas Management (中海管理) Construction Management Full-process project development and construction management service provider holding the highest-level qualification for general contracting of construction works. Offers entrusted construction, EPC and management consulting to external clients.
• Hua Yi Design Consultants (华艺设计) Architectural Design National high-tech enterprise holding dual Class-A qualifications in Construction Engineering and Urban and Rural Planning. Recognized as one of China's Top 100 Design Institutes with 4,300+ completed architectural and urban planning projects.
• Shenzhen Haizhichuang Technology (中海科技) Smart Real Estate Platform National high-tech enterprise and smart real estate technology platform dedicated to R&D and application of digital technology, intelligent spaces and smart community products, including the COLI Living OS smart home system.
• Tian Shan Metal Materials and Products (天山发展) Building Materials Manufactures high-end cast-aluminum entry doors and seismic support systems for building MEP works, holding 184 design patents.

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Sino LandcoreStrategic or Co-development Partner · 4 July 2026COLI participated in a consortium led by Sino Land for the Hung Shui Kiu pilot project in Hong Kong's Northern Metropolis. The consortium included China Merchants Land, China Resources Land (Overseas), CTG Investment, and JD.com. This represents a strategic partnership combining traditional property developers with industrial operators for diversified development.
• China Merchants LandcoreStrategic or Co-development Partner · 4 July 2026Partnership through Sino Land-led consortium for Hung Shui Kiu Northern Metropolis project, combining property development with innovation and technology hub creation.
• China Resources Land (Overseas)coreStrategic or Co-development Partner · 4 July 2026Partnership through Sino Land-led consortium for Hung Shui Kiu Northern Metropolis project, combining property development with innovation and technology hub creation.
• CTG InvestmentcoreStrategic or Co-development Partner · 4 July 2026Partnership through Sino Land-led consortium for Hung Shui Kiu Northern Metropolis project, combining property development with innovation and technology hub creation.
• JD.comcoreStrategic or Co-development Partner · 4 July 2026Partnership through Sino Land-led consortium for Hung Shui Kiu Northern Metropolis project, combining property development with technology and e-commerce capabilities for diversified urban development.
• Sunway MCL (Singapore)minorOthers · 18 June 2026COLI was outbid by Sunway MCL and CSC Land Group for the River Valley Green (Parcel C) site in Singapore at S$1,730 psf ppr for S$750.6 million. COLI was one of five bidders for the prime District 9 site.
• Marriott InternationalcoreStrategic or Co-development PartnerStrategic partnership with Marriott for hotel development and operations. Grand Hyatt Shenzhou Peninsula is one of the properties under this partnership.
• IHG Hotels & ResortscoreStrategic or Co-development PartnerStrategic partnership with IHG for hotel development. Suzhou Kimpton Bamboo Grove Hotel is the first Kimpton property in Mainland China under this partnership.
• Hyatt Hotels CorporationcoreStrategic or Co-development PartnerStrategic partnership with Hyatt for hotel development. Grand Hyatt Shenzhou Peninsula is the first Hyatt hotel in Wanning.
• Accor GroupcoreStrategic or Co-development PartnerStrategic partnership with Accor for hotel development and operations.
• AscottcoreStrategic or Co-development PartnerStrategic partnership with Ascott for serviced apartment and extended-stay operations.

Scale indicators22 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• China Resources Land: Major state-backed mainland Chinese property developer with overlapping residential, commercial and investment property exposure across tier-1 cities. Direct competitor in attributable sales rankings and COLI's strongest state-owned peer.
• China Vanke: One of China's largest residential developers with diversified commercial and property services; directly comparable on residential development scale, urban footprint and recurring income strategy.
• Longfor Group: Diversified Chinese developer with major commercial property portfolio (Tianjie malls, rental housing) and similar tier-1 city residential focus. Comparable vertically integrated model with strong recurring rental income.
• China Merchants Shekou Industrial Zone Holdings: SOE-affiliated developer concentrated in tier-1 cities with a strong focus on community operations and asset-light services; peers COLI in development pipeline quality and recurring income strategy.
• Yuexiu Property: Guangzhou-based SOE developer with operations across mainland tier-1 cities and Hong Kong; comparable on mixed residential-commercial portfolio and Hong Kong exposure (e.g., Hung Shui Kiu consortium partner).
• Poly Developments and Holdings: One of China's largest state-owned developers focused on premium residential and commercial real estate; comparable scale, tier-1 city concentration and SOE structure.
• Sun Hung Kai Properties: Hong Kong's largest property developer with deep tier-1 city residential pipeline and substantial commercial investment portfolio; comparable on luxury residential positioning and recurring income mix.
• Country Garden Holdings: Large Chinese residential developer (despite recent distress) with comparable nationwide scale and tier-1 to tier-3 city mix; relevant for understanding the broader Chinese property competitive landscape.

Emerging players

• China Overseas Grand Oceans Group: Hong Kong-listed subsidiary/associate of COLI itself; focused on mainland second/third-tier city residential development. Closely related and serves as a complementary vehicle to COLI's tier-1 strategy.

Broad incumbents

• Wharf Real Estate Investment: Hong Kong-listed commercial-heavy REIT/developer with significant mainland investment property exposure; comparable investment property strategy including offices and malls in tier-1 cities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/coli688

Compliance24 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about China Overseas Land & Investments