Tiancheng industrial strong beat nearly 100 million “nail pulling”

Evergrande (00012) applied for a strong take on the Tiancheng Industrial Building, 38 Belcher’s Street, Western District last year. The remaining two units that failed to acquire were purchased by Henderson Land for a total amount of $ 99 million and were more than 1.6 times the most highly valued. Successfully “pulling nails” unified ownership.

According to the information from the Land Registry, the front seats on the 4th floor and the 7th floor of the Tiancheng Industrial Building were purchased by Wanying Development Co., Ltd., a unit of Henderson Land for a total consideration of 99 million yuan. Among them, the 7th floor of the full floor to 72 million yuan turnover, the practical area of ​​3677 square feet, foot price of about 19,600 yuan, compared with the application for strong film when the valuation of 27.19 million yuan significantly higher than 44.81 million yuan (over 1.6 times). The original owner in 2009 to 810 million purchase, book a substantial profit of 63.9 million yuan, appreciation of about 7.9 times.

1996 acquisition of units

As for the 4th floor front seats, the salable area of ​​1351 square feet, with a 760 square foot platform, the transaction price of 27 million yuan, foot price of about 20,000 yuan. Unit valuation of 11.77 million yuan, is now about 1.3 times the high valuation of purchase. The original owner entered the market with 1.19 million yuan in 1990, with book value of 25.81 million yuan and an appreciation of 21.7 times.

Tiancheng Industrial Building occupies an area of ​​about 6418 square feet, 13 storeys, about 46 years old. Information from the Land Registry showed that Heng Di started to acquire the flat as early as 1996. If the building is rebuilt as a resi