Rosedale Hotel 1.8 billion to hold 8 years to earn 1 billion
Tourism figures turn for the better, the hotel occupancy rate improved, so that the hotel investment climate warming. News that the Causeway Bay Rosedale Hotel to about 1.8 billion change hands, the price of about 600 million yuan per night, the original owner held 8 years, nearly 10 billion profit.
The first half of this year there have been eight hotel transactions, is rare in recent years.
8th hotel this year
BOC Securities held the Causeway Bay Rosedale Hotel, which was sold at the beginning of the year, when the consortium had agreed to buy about $ 1.6 billion. With the recent market conditions turned busy, big hand chain appeared, the owners once again secretly put the sale of property, the multi-channel consortium to undertake the results of a consortium to about 1.8 billion investment, the two sides are due diligence.
According to the latest transaction price, has been higher than 4 months ago, 13%. The original owners in 2009, while the financial tsunami price correction, the purchase of low-cost property, involving about 833 million yuan, held so far, is about 1.8 billion to sell, holding 8 years profit of nearly 1 billion The
Adjacent to Victoria Park is ideal for rent
The Rosedale Hotel Hong Kong, which has just completed its refurbishment, has 299 rooms and suites, a 4-star hotel, close to Victoria Park and Jardine Street. Rates are about $ 800 per night. The occupancy rate is also $ 1.8 billion Each room worth about 6 million yuan.
The number of visitors to Hong Kong has declined in the past two years, and this year the situation has improved. For example, the Hong Kong Tourism Development Board (HKTB) announced that there were 477.58 million passengers in Hong Kong, up 1.91% year-on-year. The number of turn for the better, so that the hotel occupancy rate and house prices have improved, so attract the consortium to pay attention to investment hotel.
In the first half of this year, there have been eight hotel transactions, the largest hand for the constant (00012) 2.3 billion yuan to sell Kwun Tong Lidong Hotel to Deng Chengbo. In addition, the Mandarin Oriental Group earlier said that the sale of Causeway Bay Excelsior Hotel, the market value of nearly 300 billion yuan.
In addition, the retail trade is slightly better. The recent increase in the sale of shops has resulted in a basket of properties from 5 to 6 in Tsim Sha Tsui Middle Road, including ground floor and residential flats. The gross floor is about 6,000 sq.m. and about $ 438 million. 73,000 yuan. The original owner of the silver treasure for the financial, in 2010 to about 190 million purchase of bunkers, holding 7 years changed hands, profit of about 248 million.
It is reported that the property is on the middle of the parking lot, the land was early to vote, rebuild into a silver-style commercial buildings, new buyers optimistic about the prospects. Another day before the same district Nathan Road, happy building multi-storey shop, with about 700 million yuan changed hands, it is learned that the buyer for the mainland investors Liu Jun.
The total area of about 58,700 square feet, about 24 high floor, providing 148 rooms, earlier to about 850 million yuan changed hands, the average price of about 5.74 million per room yuan. Buyers for international hotel brand Travelodge.