26/7/2017-7

Deng Yaosheng: the first half of the fund to shoot 10 billion into the market

In the first half of the investment market, Stan Group Chairman Deng Yao said that the first half of the year has been 100 billion yuan into the market, revealed that there are funds involved in the investment, and the Group now holds 4,000 rooms, including the purchase of Kowloon City and Tuen Mun residential projects , For future use for rent.

4 of its hotel occupancy rate of 96%

DENG CHENG-Bo, a son of Deng Chengbo, said that the Group’s investment in this year was that the investment in the investment market was active, including the purchase of nearly $ 1.2 billion in Tuen Mun Jing Jun, etc., together with investment hotels, shops and industrial buildings, On the background, the relevant funds to the local investors, do not rule out the back of the mainland funds, and he refers to the proportion of the majority of the Group, leading decision-making and value-added.

At present, the Group holds 14 hotels and all the buildings, the total number of rooms up to 3,200, together with the construction and conversion, the total number of rooms in 4,000, he said the main building 2 to 4 star hotel, due to the current 5 to 6 star hotel occupancy rate in general , But a few hundred dollars a night price of hotel demand continues. At present the group’s total of four hotels have been opened, occupancy rate of 96%. As the total number of rooms has reached a certain level, he said the deployment of future listing, but still some time.

In the retail market, he analyzed the large rents in the core area, so the main investment in non-core areas, especially optimistic about the northwest New Territories, including Tuen Mun District.