1/12/2017-6

Minibus king: rare opportunity to buy Central Center

Investment market is hot, the consortia group recently entered the market, at a price to Central Center bought “Minibus King” Ya-Ya Mu believes that the rare large commercial buildings in Central, is worth the time to enter the market. As for the retail market, its overseas Chinese students think that the multi-redevelopment project area is rejuvenated and shops are in great demand. It is worth noticing.

The recent market focus is on Cheung Kong (01113), which sold 75% of the property rights in Central Central Plaza for $ 40.2 billion to crack the record of property transactions in Hong Kong. The buyer is a consortium of Hong Kong and China consortia, and mainland energy companies partner with Hong Kong investors, including Minibus, the chief minibus. In fact, Ma Ya Mu has always been the main investment in shops, shopping malls rarely acquired, he revealed that due to the rare opportunity to attract the Department is its geography, “Central is the center of Hong Kong, the financial center, while the Central Office, only a few thousand square It is very rare that there will be 25,000 square feet on the ground floor of the Central Center. ”

Location is available for sale

The joint venture investor list, including “tape king” Chen Bingzhi, Zhang Shunyi and Lu Wen-side, etc., Ma Ya Mu said he and Chen Bingzhi accounted for more equity, respectively, about 10%. The market has been rumored that investors will deploy for sale next year. However, he pointed out that due to the high quality and flexibility of the properties, they can be used by themselves or invested. “At present, there are tenants on all levels. Some tenants do not want to move out and they try to contact us. We intend to purchase the floor for our own use, and we can also keep individual floors for own use and rent collection. In addition, we operate part of the North Garden Restaurant near the center of Central.

The performance of the property market this year is very satisfactory. For 2018, Maya Wood believes that the problem is still not big. “The property market as a whole is in a steady position and the current interest rate is low. Of course, it is likely to raise interest rates. If the increase is small, the market will still be acceptable.”

Property market next year, “not a big problem”

As for the retail market, Ma Qiaomu, the son of Maya Mu, a director of Renren Automobile, believes that the adjustment to the rent in the core area is nearing completion. “Rent has dropped to a certain level and tenants are starting to accept that even if the watch and jewelery stores shrink, other retailers, Cosmetics and other products have also been expanded, and therefore support for the rent.Return to the retail sales figures, expected next year, paving the rent stable. “In contrast, he refers to the Minsheng District, stable consumer demand, long-term rental performance ideal,” Vantaa Minsheng District shop rent Without a surge, it will not fall sharply even if it falls. It is very stable. ”

In the investment constituencies, Minsheng District has always been the main investment shop. Ma Qiaosheng believes that more areas for redevelopment are worth noting. “In Cheung Sha Wan and Sham Shui Po, in recent years more new-style dwellings have been built and estates have been rebuilt and spending power will change , The tenant mix is ​​younger and similar in the Western District. “In the area of ​​trading, he considered that the trading in the shops was quiet in recent years because the property owners were not willing to reduce their prices.” The prices did not go down but the low interest rates remained above Ten years, while the shop owners generally have the strength, there is no pressure to sell goods, if the return of two percent to sell goods, it is better to rent. ”

In recent years, the group pioneering hotel business, its Xiyuan Yi Tien Hotel opened last year, it is learned this year, decent occupancy rates of 800 to 1,000 yuan per night.