Langham Square commercial to sell the mainland consortium to be shot
Urban skyscrapers are rarely sold, Crown Jun (02778) launched the Mong Kok Langham Square full commercial buildings.
Responsible for the project auction work of the first Pacific Davis said the project will be the global tender, the intention price of 24.5 billion yuan, about 35,000 yuan per square foot, has received two to three mainland consortium negotiations, if the final hand, Break the record.
Area 703,000 feet Rental rate 100%
First Pacific Davis Greater China Chief Executive Officer Li Weiyun said, won the crown Jun commissioned to sell Mongkok Langham Square commercial buildings. According to the data, the property has a floor area of 59 floors and a gross floor area of 703,000 square feet. The rental rate is 100%. If the retail business is about 50 to 60 yuan, the target price is $ 24.5 billion and the price is about 35,000 yuan.
Li Weifen pointed out that the price of a single foot is higher than that of the same district, but the project is very unique, due to the second high property in Kowloon (second only to the Global Trade Plaza), while the same number of commercial buildings in the past almost never Sell.
It is not a complete title
Check the information, the early owners of which four floors of the sale, it is now holding 100% ownership. Li Weifen pointed out that the new buyers can go through certain procedures, even if the non-complete title, will still be the building naming rights, it is suitable for Chinese institutions to buy for personal use. He revealed that the project was officially launched two weeks, has received two to three mainland enterprises to negotiate. He expects that the consortium of Langham Place, which has a certain business in Hong Kong due to the Mainland’s money control policy, can be financed by funds, and he means that the banking industry is more in the middle of the district, so it is expected that the insurance industry, oil companies and so on Opportunity is high.
If the final property to 24.5 billion yuan change hands, will break two years ago Hengda (03333) to 12.5 billion purchase of the US Wantong Building transactions, become the most expensive commercial buildings in Hong Kong, has also become the largest property transactions. The bank said that in August will determine the cut date, is expected to officially cut from September to October.
Commercial store, the quality of international (00243) announced to 111 million yuan to buy Jinzhong Lippo Center, a 20th floor, 01 and 02 rooms, an area of about 3,469 square feet, foot price of nearly 32,000 yuan.