Li Ka-shings Resale of Assets: Over 4 Billion RMB to Sell Dalian Real Estate Project Sun Hongbin

category:Finance
 Li Ka-shings Resale of Assets: Over 4 Billion RMB to Sell Dalian Real Estate Project Sun Hongbin


The project site has been surrounded by billboards for Rongchuang No. 1 Hospital project.

Changshi confirmed to surging news that the sale of the project is true. The project was sold by agreement about half a year ago and signed more than four months ago, it said.

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It is worth mentioning that Peng Mei News found from the project book that according to the original implementation plan of the project, there are three phases of construction, the construction cycle lasts four years, and the latest deadline is 30 June this year.

As to why the development process of the project has not been completed for eight years, Changshi said that the long period of development of the project is due to the delayed delivery of the government, and some of the buildings of the project are close to the top.

For this transaction, Chang said that in the past 10 years, the average annual sales revenue of its property in the Mainland was about HK$28 billion, and the sales of Dalian Xigangshan Heizui project was only equal to the average income of less than two months.

Rongchuang said it would not respond.

Since 2011, the development cycle of the project has not been completed for eight years since Li Jiacheng took the land.

According to the data, the total planned land area of the project is about 142900 square meters, with a total construction area of 725800 square meters. It is composed of four sites in Zone A, zone B, Zone C and zone D. the planning content includes residential buildings, apartments, supporting public buildings (kindergartens, office buildings, hotels, shopping malls, clubs, etc.) and underground garages. According to the plan, there are 24 buildings on the ground, 8 of which are independent residences of 37-40 floors, 10 office buildings (9 of them are 2-storey office buildings and 1 of them is 26-storey office buildings), 1 33 former apartments, 1 2-storey hotel, 1 2-storey club (each floor above and below), 1 3-storey kindergarten, 1 4-storey shopping mall/office mixed building and 1 garbage collection station, and 2 underground garages.

The project is invested and constructed by Dalian Dalian Real Estate Development Co., Ltd. It is a wholly foreign-owned enterprise, invested and established by Hong Kong Baoli Development Co., Ltd. Its business scope is to engage in real estate development, operation, leasing and property management in Heizuizi Wharf and surrounding plots in Xigang District of Dalian City. The preliminary calculation of project investment is 3.445 billion yuan, which has been further calculated by the construction unit and turned into 4.3 billion yuan. Initially, the land for the project was originally used for wharf and aquatic products market, and later the nature of the land was changed to residential land. The land used for the project was originally Heizuizi Port Area of Dalian Port Group Co., Ltd., mainly engaged in the transportation of bulk and miscellaneous goods such as timber and steel and the management of aquatic products. In 2011, the Dalian Municipal Government transferred the land to Dalian Real Estate for the construction of the project. Changshi said that the mainland has always been the focus of the groups market, and the group has been looking for development opportunities in the mainland, including real estate, energy, ports, retail and other industries, but whether it can be implemented depends on the return on investment. Chang said that in real estate, Yangtze River Industries has more than 50 real estate projects in the mainland, distributed in more than 20 cities. Source of this article: Peng Mei News Responsible Editor: Wang Honggui_NF7326

The project is invested and constructed by Dalian Dalian Real Estate Development Co., Ltd. It is a wholly foreign-owned enterprise, invested and established by Hong Kong Baoli Development Co., Ltd. Its business scope is to engage in real estate development, operation, leasing and property management in Heizuizi Wharf and surrounding plots in Xigang District of Dalian City. The preliminary calculation of project investment is 3.445 billion yuan, which has been further calculated by the construction unit and turned into 4.3 billion yuan.

Initially, the land for the project was originally used for wharf and aquatic products market, and later the nature of the land was changed to residential land. The land used for the project was originally Heizuizi Port Area of Dalian Port Group Co., Ltd., mainly engaged in the transportation of bulk and miscellaneous goods such as timber and steel and the management of aquatic products. In 2011, the Dalian Municipal Government transferred the land to Dalian Real Estate for the construction of the project.

Changshi said that the mainland has always been the focus of the groups market, and the group has been looking for development opportunities in the mainland, including real estate, energy, ports, retail and other industries, but whether it can be implemented depends on the return on investment. Chang said that in real estate, Yangtze River Industries has more than 50 real estate projects in the mainland, distributed in more than 20 cities.