McDonald’s sells Starlight Shop Valuation 1 billion
The market is heating up, McDonald’s dyed red for the first time to sell a large amount of ground in Tsim Sha Tsui. Jones Lang LaSalle said that Shops 1 and 2, G/F, Star Street, 3 Salisbury Road, Tsim Sha Tsui are now open for sale. The saleable area is about 4,260 sq ft and the door width is over 30 baht. It will be sold on a tenancy basis. The tender closing date is June 18 and the property is now leased by Watsons for over 20 years.
The above-mentioned connected shop is located at the junction of Tsim Sha Tsui Pier, five flagpoles and the Clock Tower of Tsim Sha Tsui. In the early years, it was a group of young people who were dragging their spots and talking about it. It was a collective memory of many people waiting for a date. However, with the free travel and singing of middle-aged aunts at Sai Yeung Choi South Street in Mong Kok, they have gradually become passenger concentration camps. According to market news, the current monthly rent of the property is nearly 2 million yuan, and the valuation is about 1 billion yuan, which is estimated to be about 235,000 yuan.
Buyed for 66 million in 1989
It is understood that McDonald’s Restaurants (Hong Kong) Limited, a McDonald’s head office, purchased the property for $66 million in 1989 and is now valued at 934 million yuan or 14 times. Looking for information, McDonald’s sold its China-Hong Kong business to a consortium of CITIC (267) and the fund Carlyle for $16.14 billion in 2017. At the time, McDonald’s did not transfer its holdings to the consortium, but instead The property was transferred to MCD Real Properties Limited, another real estate company owned by McDonald’s Corporation, and its properties were sold to date.
McDonald’s has a number of properties in Hong Kong, including the ground floor, the 1st, 2nd and 4th floors of the McDonald’s Building, Yee Wo Street, Causeway Bay, and the ground floor and ground floor of the Good Hope Building, Sai Yeung Choi Street, Mong Kok. Street shops in the market.
In addition, there will be bloodshed cases in the market. The Land Registry information shows that S7, 2/F, Shun Tat Plaza, 83 Argyle Street, Mong Kok, with a building area of 72 square feet, with a price of $680,000 and a price of $17,000. In 2014, it was purchased for 1.18 million yuan, and the loss of goods for the past five years was 1.138 million yuan or 62%.