High value of reconstruction of industrial buildings
The construction site has the value of reconstruction, and the newly-completed industrial property sales are ideal, attracting consortiums and funds to absorb it. Stimulating the past month, at least 3 transactions were recorded in the whole building, involving about 3.7 billion yuan.
The redevelopment of urban industrial buildings is of high value. It can also be redeveloped into hotels and commercial buildings by applying for land premiums to attract consortiums to undertake and absorb them. Taking the past month as an example, the market has recorded 3 full-scale industrial buildings, each of which costs more than 1.2 billion yuan.
Linfeng Capital 1.25 billion to buy Meihua Industrial Building
Recently, the most active capital in the industrial building market was the establishment of the real estate fund company Lin Feng Capital by the director of Sa Sa International (00178) Guo Shaoming, the young son Guo Haoquan, the chairman of Fanhai International (00129) Feng Zhaoxuan, Feng Kang, Xie Yaosheng and Hong Yingwei, and absorbed two industrial buildings. Including the purchase of the Xinhuagang Meihua Factory Building to Xingsheng (00896) for 1.253 billion yuan, with a site area of approximately 15,000 square feet. In addition, the company has also invested about 573 million yuan to purchase a multi-storey building in Kwun Tong Rong Hing Lee Industrial Building, and has unified ownership.
Secondly, the first group purchased the Changlongwan Guanglongtai Building for 1.25 billion yuan and plans to rebuild it into a Grade A office building. The existing floor area of the building is about 162,299 square feet, with an average price of about 7,670 yuan and a budget of 700 million to 800 million yuan. The land price is used for reconstruction. Referring to the second phase of Jiaxia, such as Yijing Plaza in the district, the current average price is about 12,000 to 13,000 yuan.
In addition to rebuilding into Jiasha or hotel use, in recent years, many investors have chosen to rebuild into a new type of industrial building, which will be split in the form of uncompleted flats. Even if the price is often more than 10,000 yuan, due to the small amount of admission, the sales of the industrial building is ideal.
Internal housing purchase industrial building
For example, the VIGNATURE of the Wong Chuk Hang Redevelopment Project of Lin Zifeng belongs to the reconstruction project of the industrial building. It provides 300 gangs. At present, about half of the floor has been laid out. More buyers have absorbed the full floor, covering an area of 8,434 square feet. The transaction price is about 1.21. 100 million yuan, the price of 14,300 yuan. When the building was acquired in 2015, some units priced at about 8,300 yuan. Based on this calculation, the price of uncompleted flats was over 70% higher.
In addition, some consortia have increased their land reserves through the acquisition of industrial buildings. Including the insiders of Weifang Real Estate (01628), the Taijie Factory Building, No. 17 Xuri Street, To Kwa Wan, which was being acquired, has the latest 6 transactions, involving a total of 125 million yuan.