Xingsheng created a relocation of 850 million to purchase the new Po Kong 2 industrial building

The urban soil reserve was favored by the consortium. Xingsheng founded (00896) successfully acquired two adjacent industrial buildings of the San Po Kong Meihua Factory Building and the Kaiye Factory Building for about 850 million yuan. It will be rebuilt into a new industrial building with a total investment amount. Nearly 1.6 billion yuan.

Xingsheng created the entire ownership of the Meihua Factory Building at No. 1 Qibao Street and the Kaiye Factory Building at 15 to 17 Sanzhu Street. The total price was approximately RMB 850 million. The two properties are now a 7-storey old industrial building with a total site area of ​​approximately 149,000 square feet. According to market news, the entire site will rebuild the new industrial building with a plot ratio of 12 times. The total floor area can be built up to about 179,000 square meters. The land price per square floor is about 4,749 yuan, together with the construction cost. The amount is close to 1.6 billion yuan.

33 million shops in the coastal street

In addition, an old building adjacent to Binhai Street in Taikoo Place, Quarry Bay is being acquired by a consortium. One of the streets is sold for $33 million. The property has appreciated by more than 81 times in 32 years.

According to the Land Registry, the shop is located at No. 30 Binhai Street, with a building area of ​​about 650 square feet and sold for 33 million yuan. The price is about 50769 yuan. The original owner of the shop was purchased in 1986 for 400,000 yuan, holding 32 years of goods, and the book profit was 32.6 million yuan, an increase of 81.5 times.

The new buyer is Fengzhi Co., Ltd., and the directors include Chen Peimin and Shao Jinxi. The two people in the city are agents of the repossession company. It is reported that in recent years, a consortium has made a large-scale acquisition of about 10 old buildings connected to 16 to 94 Binhai Street. The buyers behind it include Swire Properties (01972) and Hengdi (00012). On the ground floor of No. 54 Binhai Street, the building area is about 650 square meters. The consortium purchased it for 23.38 million yuan four years ago, that is, the consortium raised the price of 9.62 million yuan or more than 41% to purchase the No. 30 shop in Binhai Street.