24/9/2018-2

Hong Kong Telecom’s 400 million sale of Bellagio Building Property

The sale of industrial buildings is active, and some owners are willing to sell industrial buildings. The 18th to 20th floors of the Bailemen Building in Chai Wan, Hong Kong Telecom (6823), with a rooftop and 9 parking spaces, are now commissioned by CB Richard Ellis for a floor area of ​​approximately 20,335 square feet with a total area of ​​approximately 61,005 square feet. 3.97 billion yuan, equivalent to the price of 6508 yuan.

Mo Wang Ning, director of CB Richard Ellis Capital Markets, said that the above properties are now used by the owners themselves, and new buyers can be purchased in the form of current and post-sale leases. It is reported that Hong Kong Telecom purchased the above site in phases in 2012, involving an amount of about 301 million yuan. If it was successfully sold at an intent price of 397 million yuan, the book profit was 96 million yuan or 32%.

The property of the whole building of Lee Wai Commercial Building, 375, 377 and 379 Hennessy Road, Wan Chai, was sold by Savills and Jones Lang LaSalle by public tender. The market value of the project is expected to exceed $1.1 billion. 4.5 million yuan, the price is about 24,400 yuan. Li Zhijian, director of the investment department of First Pacific Davis Hong Kong, said that the above-mentioned commercial building will be sold on the 22nd floor of the commercial building.