Observatory Road, 8th Building, 3.9 billion
The entire commercial building became a focus of investment. According to sources, the Ginza-style commercial building at No. 8 Observatory Road, Tsim Sha Tsui, Henderson Land (00012) and Lai Sun (00488) was awarded a consortium of approximately RMB 3.9 billion to close the deal, bringing the price to about 21,000. yuan.
Hang Li and Lai Sun acquired the entire building of 8 Observatory Road, Tsim Sha Tsui. The project was completed in 2016 at Observatory Road. The owner had previously marketed it at a price of about $4 billion, but it was not successful. According to market news, due to the recent buoyant market conditions, the entire property has become a consortium investment target, and the building has received a consortium to negotiate purchases. The bid is about 3.9 billion yuan, which is close to the owner’s intention price and is expected to change hands in the short term.
It is estimated that since this building is mainly used as an upstairs shop, it is not necessarily used by Chinese-funded institutions. Therefore, it is believed that the purchase consortium is a local investment or foreign fund.
The rental rate is ideal 呎 Lease 50 yuan
The project formerly known as the old building, after years of mergers and acquisitions, Lai Sun and Henderson have joined forces to reconstruct the Ginza-style commercial building and are currently holding half of their ownership. The property is 19 storeys high. The basement has a parking lot on the 3rd floor. It provides 52 parking spaces. The ground floor to the 9th floor and the 21st floor are for commercial use. The 2nd to 7th floors are catering floors, while the 10th to 20th floors are for office use. Each floor covers an area of about 9,000 to over 11,000 square feet, with a total floor area of approximately 183,000 square feet. Merchants mainly focus on eating and drinking, including hotpot restaurants, etc. The occupancy rate is ideal, and the lease rate is 50 yuan, with a market value of 3.9 billion yuan. , The price is about 21,000 yuan.
Eighteen 93.81 million Tsuen Wan Tsim Sha Tsui Commercial Building
The commercial investment environment was very strong. The Zheng-8 Group Liao Weilin sold about RMB 93.81 million to the entire floor of the 20th floor of Sanxiang Building in Wanchai. It had an area of about 4,765 square feet, and the price was about RMB 19,700. Liao Weilin bought units for about $67.71 million a year ago. He changed hands for one year and gained about $27.1 million. The property appreciation was over 40%.