12/10/2017-7

Central China Second Ring Street shop consortium to speed up the acquisition

The consortium has accelerated the acquisition of the old buildings in the urban area. The property in the Upper Ring Road area has become a bunched property, which has led to the sale of shops in the area this year.

With the potential to resume trading increased

The developers through the acquisition of old buildings, increase the urban soil storage, and in the Shanghuan commercial and residential prospects worthy of the line, the funds actively into the area with the reconstruction of the value of property, which accounted for the number of shares of the landlord property into the consortium target The

According to the EPRC Economic Property Database, there were about 60 shops in Central and Central China in the first 10 months of this year, with the majority of the above districts. And the overall figure has been about 30 cases last year, an increase of about 1 times.

Sheung Wan District is concentrated in second-tier street shops, many of which are consortium acquisitions, distribution of Chibi Street, Staunton Street and Ge Fu Street. Staunton Street accounted for 6 more transactions, including Staunton Street No. 88 underground and attic, an area of ​​about 1,000 square feet, the transaction price of 4,646.7 million, the new buyers for the URA. In addition, Staunton Street 47 to 59 area of ​​the ground floor, this year also received a private consortium to buy, the price range from 20,000 to 30,000 yuan range.

Deng Chengbo even buy iron line property

The consortium in the senior investors Deng Chengbo relatively positive, twice the purchase of the Central Iron and Steel in the property to expand the scope of mergers and acquisitions, the first 6,900 million purchase of iron line in the whole building on the 2nd floor of the 7-storey building, another month to 28 million Yuan, the purchase of iron line in the 8th floor, construction area of ​​about 750 square feet, foot price of 37,300 yuan.

In fact, as long as the consortium to master the floor business, the progress of the entire project acquisition is expected to accelerate. Such as the earlier to 1.53 billion purchase of the Central Tseng Shan-ho building floor capital strategy (00497), recently acquired upstairs residential about 36, expected to have more than 9 titles, the project can be rebuilt as commercial buildings.

Looking forward to the resumption of property in the future after the completion of the flow of people to increase, recently also recorded a lot of senior investors to buy the area of ​​the shop. Such as the Low Level Underground and Patio Shop C, 174 to 178, Wellington Street, Central, with an area of ​​about 800 sq ft and traded at about $ 60 million at about $ 75,000 in foot terms. The new purchaser is a member of the Tai Hing Food Group The

In addition, Liao Weilin, Chairman of the Group of Eight Group, also purchased land shops at 62-34 Peel Street at the beginning of this year. The transaction price is about $ 30 million, representing an area of ​​1,100 square feet and an estimated price of about $ 27,000.