Mainland investors 300 million to buy Tsim Sha Tsui shop

The core area shop posted transactions, the news that the mainland investors Liu Jun, about 300 million yuan to buy Tsim Sha Tsui Haibao Road shop.

The recent sale of rare core lots

Market information refers to an area of ​​830 sq ft at the ground floor of Po Fung Mansion, 32-34 Haiphong Road, Tsim Sha Tsui, with a total of about 1,660 square feet of lofts of about 860 sq ft to about $ 300 million , For the recent rare Tsim Sha Tsui core lots of shop sales. It is reported that the shop is rented by the pharmacy, the monthly rent of 750,000 yuan, the rate of return of about 3%. Buyers for investors Liu Jun, he from time to time to buy the core area of ​​the ground floor, such as 2008 to 83 million yuan to buy the same lot of land 35 to 37 Haili underground C shop, and in 2012 to nearly 400 million yuan sold to the Emperor (00163) , A substantial profit of about 315 million yuan. However, earlier, he sold about 680 million yuan in Causeway Bay, Beverly Street shop, the corrosion of about 460 million yuan.

The property was originally held by Saigon Tribute to Seafood Wu Jinfu and related parties. In 2010, it bought the above-mentioned shops for 1.525 billion yuan and earned 147.5 million yuan in seven years.

It is understood that at the same time, Wu Jinfu also entered the market, he was to Honghui Group (00183) purchase Tsim Sha Tsui Kimberley Road Woori Building, 23A and 23B shops, involving about 206 million yuan.