The exhibition will be sold 20 shopping malls valuation of more than 15 billion

Adequate market funds, coupled with the ideal market conditions, the owners sell big hand property.

News that the exhibition (00823) will be more than 20 shopping malls, estimated market value of more than 15 billion yuan, and commissioned by the survey and investment banks to tender. It is reported that the consignment intention to sell all the properties to a single buyer, the fund or the mainland consortium as the goal.

Market participants revealed that the exhibition is deployed to launch its shopping malls to sell, but the times involved in the number of silver yards and shopping malls, will be the largest ever, the newspaper on the news to the exhibition inquiries, the group responded that the news did not comment.

The number of shopping malls has always been the largest

It is understood that the number of exhibitions to sell more than 20 shopping malls, and the specific selection of the mall is not yet a real list, but the amount involved is estimated to reach 15 billion to 20 billion yuan, since 2014, the exhibition has 5 times the auction Shopping malls, and the number of each launch less than 10, each cash amount of about 1 billion to 3.5 billion, so the introduction of the number and amount, can be described as the most.

It is estimated that the exhibition still retains individual landmark shopping malls such as Lok Fu Square, and some have not yet renovated the property, a great opportunity to be included in the sale list, is expected to officially announce the details of the day.

According to the news, the exhibition will be a major adjustment in the sale of the mall strategy, will be commissioned by the survey line DTZ, the investment bank also participated in the city of two large investment bank Credit Suisse and UBS will participate in the auction. The biggest difference is that the pros and cons of this exhibition by a single buyer to undertake, to ensure that buyers long-term investment and management.

Credit Suisse has the opportunity to participate in the auction

Analysis of the industry, due to the participation of investment banks, coupled with the amount of more than 10 billion yuan, it is estimated that the prospective investors will receive institutional investors, including foreign funds, the mainland consortium to undertake, if the shopping malls rate of return of 4 to 5% , Both value-added space, long-term return to attract, but also enough to make a lot of Europe and the United States and Singapore Fund interested.

The market has been buoyant and handsome is very busy. In July, the market has recorded a large number of large and medium trading. There have been a number of transactions in the month, including Causeway Bay Cubus ($ 2 billion), Lockhart ($ 965 million) and (About $ 1 billion), and many of the owners also take advantage of the market, the introduction of landmark property sales, such as Guanjun (02778) auction Langham Place, Mong Kok all office buildings, the market valuation of 250 100 million yuan, the other Causeway Bay Excelsior Hotel is also bidding, and in mid-September cut, the market valuation of nearly 300 billion yuan, reflecting the market capital adequacy, to attract owners to sell the property.