weekly inventory, Wandihui reviewed the real estate-related news and news this week from "policy planning, real estate market, land transactions, commercial real estate, financial capital, corporate news, real estate voice" and other aspects.
Policy Planning
Beijing Urban Sub-Center Control Regulations Draft for comments
Beijing Municipal Planning and Land Resources Commission and Tongzhou District Government jointly issued a notice on the 21st that the draft "Beijing Urban Sub-Center Control Detailed Planning (Block Level)" has been compiled and announced to the public from June 21 to July 20 to listen to public opinions and suggestions.
It is understood that the "Control Regulations" have been implemented strictly in accordance with the "Beijing Urban Master Plan (2016-2035)", and proposed that by 2035, the permanent population of the urban sub-center will be controlled within 1.3 million, the urban and rural construction land will be controlled at about 100 square kilometers, and the above-ground building scale will be about 100 million square meters.
At the same time, a strategic blank area of about 9 square kilometers is designated to reserve space for the subsequent development of the city. Optimize the ecological space structure of production and life to achieve an ecological space area of more than 40% of the total area.
National unified real estate registration system has entered the stage of full operation
According to CCTV media reports, the basic platform for national unified real estate registration information management has realized national networking, and the real estate registration system has entered the stage of full operation.
The latest survey and statistics of the Ministry of Natural Resources show that 3,001 real estate registration service halls and 38,000 windows have been established in 335 cities and 2,853 counties and districts across the country. More than 80,000 front-line registration staff provide real estate registration services to more than 300,000 enterprises and the public on average every day.
This real estate registration nationwide network means that any real estate that has been confirmed under the name of a Chinese citizen, including houses, land, etc., can be checked clearly on the system of the Ministry of Natural Resources.
1-May, the total investment in Nanjing completed the contracted projects reached 412.65 billion
According to statistics, from January to May, the total investment in the city completed the contracted projects reached 412.65 billion yuan, 16.5 percentage points beyond the schedule progress. In addition, according to relevant personnel from the Municipal Investment Promotion Office, this year, Nanjing City has determined to establish eight promotion offices based on problems and demand. After the establishment of the promotion office, the work goal was first determined to have a total investment of 700 billion yuan in the annual contracted projects and 100 large projects with contracted more than 100 million yuan.
Yangtze River Delta Explore cross-provincial and municipal " Zhangjiang Yangtze River Delta Science and Technology City "
June 19, according to Xinhua News Agency, it was learned from the Zhangjiang Yangtze River Delta Science and Technology City Leading Group Meeting held that the Yangtze River Delta took the lead in exploring the construction of a cross-provincial and municipal integrated innovation practice area in the junction of Shanghai and Zhejiang.
It is understood that as a carrier for building a cross-provincial and municipal integrated innovation practice area, Zhangjiang Yangtze River Delta Science and Technology City is located at the junction of Fengjing Town, Jinshan District, Shanghai and Xintai Town, Pinghu City, Zhejiang Province. It spans Shanghai and Zhejiang. It is built by Zhangjiang Jinshan Park and Zhangjiang Pinghu Park in Zhangjiang National Independent Innovation Demonstration Zone. The total planned area is 87 square kilometers, 45 square kilometers in Pinghu and 42 square kilometers in Fengjing.
Real Estate Market
This year, the scale of the housing rental market in Nanjing will exceed 20 billion
On June 20, it was learned at the "Nanjing Long-term Rental Apartment Market Trend Seminar Salon" sponsored by "China Real Estate Finance" Jiangsu Business Department, Nanjing Real Estate Society, etc. that the scale of the housing rental market in Nanjing this year will exceed 20 billion yuan, and by 2027, this number will increase to more than 50 billion yuan.
At the same time, from 2020 to 2027, the average annual rental housing supply in Nanjing is expected to exceed 89,000 units. Compared with the average annual housing rental demand of 66,000 units in the same period, there will be a trend of oversupply.
2018 East China Central China Real Estate Market Evaluation Results Release
On June 21, the "2018 China Real Estate Development Enterprise East China Central China Regional Evaluation Research Report" was released. According to the report, in 2017, the real estate markets in various provinces and cities in the East China and Central China regions were relatively active, and inventory sales were good.The
evaluation report shows that in 2017, the sales area of commercial housing in four provinces and one city in the East China region was 405.5715 million square meters, a year-on-year decrease of 4.44%, accounting for 23.94% of the national sales area, a decrease of 3.03 percentage points from the previous year; the sales amount totaled 4100.447 billion yuan, a year-on-year increase of 7.45%, accounting for 30.67% of the national sales amount, and the proportion also decreased slightly.
The sales area of commercial housing in the three provinces of central China was 300.0135 million square meters, an increase of 11.87% year-on-year, accounting for 17.71% of the national sales area, a slight increase of 0.67 percentage points from the previous year; the sales amount totaled 178.4898 billion yuan, an increase of 24.31% year-on-year, accounting for 13.35%, an increase of 1.14 percentage points from the previous year.
Li Ka-shing 8.5 billion to buy UBS headquarters building
According to a recent report by the British Financial Times, Li Ka-shing's Hong Kong Cheung Kong Industrial Group spent 1 billion pounds (about 8.5 billion yuan) to acquire the office building 5 Broadgate in the City of London, England, which is the London headquarters of UBS.
The building has a construction area of approximately 1.2 million square feet and the lease expires in 2035. The Financial Times said the building's annual rental return rate is about 3.95%. If calculated based on the selling price of 1 billion pounds, the seller can obtain an annualized 18% development income.
Land transaction
Land auctions cool down! Nanjing sold 5 plots of land to attract 4.1 billion yuan in gold
htmlOn June 22, Nanjing's main city successfully sold 5 plots of land, all with a low price or a low premium transaction, and the Nanjing land auction market cooled down. The total area of sale is 233,600 square meters, and the total transaction price is 4.111 billion yuan. Among the three residential land, one son will be lost to COFCO , Fudi and Zhongjun.After 33 rounds of auctions, COFCO Hongyun Real Estate Nanjing Co., Ltd. won No. 3, Jiangpu Street, , Pukou District, No. 2018G21 plot, with a floor price of 17,922 yuan/square meter.
Nanjing Fudi Dongjun Real Estate Co., Ltd. won the No.2018G23 plot with a floor price of 926 million yuan to win the South side of Daputang, Xianlin Street, Qixia District, with a floor price of 8,486 yuan/square meter.
After two rounds of auction, Zhongjun won the G22 plot of land in Longtan Street, Qixia District with a total price of 1.39 billion yuan, with a floor price of 6,369 yuan/square meter.
On June 20, the 2018G04 plot of land in Jiangbei core area number NO. New District was sold, with a starting price of 2.98 billion yuan and a maximum price of 5 billion yuan. Finally, after 38 rounds of bidding, Jindi Group won the bid for a total price of 3.35 billion yuan.
It is worth mentioning that the 2018G04 plot of NO. New District must build an international high school with Sino-foreign cooperation in running schools, and international schools must operate on their own and shall not be transferred or sold. The residential part must provide no less than 10% of the property for sale first to , Jiangbei New District Management Committee, and the international high-end talents introduced by . The land requires a 100% proportion of prefabricated buildings, and 100% of the finished housing should be delivered.
China Resources made 1.23 billion Changzhou Qishuyan
On June 22, Changzhou City publicly sold Wujin District Qishuyan District JCJ20180201 plot. Finally, after 13 rounds of bidding land transactions, the winner was China Resources, with a transaction price of 1.23 billion yuan, a floor price of 6,363 yuan/square meter, and a premium rate of 16.04%.
data shows that the plot is located on the west side of Changqing Road on the north side of Dongfang East Road, with a sale area of 87,900 square meters, a floor area ratio of 2.2, a construction area of 193,300 square meters, a starting price of 1.06 billion yuan, a starting floor price of 5,483 yuan/square meter, a maximum limit price of 1.98 billion yuan, and a maximum limit floor price of 10,243 yuan/square meter.
Suzhou 166 billion yuan listed 12 plots of land
On June 20, Suzhou listed 12 new plots of land, including 6 in the High-tech Zone, 4 in Xiangcheng District, and 62 in the Wuzhong District, with a total area of more than 610,000 square meters. The maximum price limit for 10 plots was set, and the total starting price exceeded 16.6 billion yuan.
1.27 billion listings for Xuzhou, Jiangsu Hanwang Village plot
On June 19, the Xuzhou Municipal Land and Resources Bureau of Jiangsu Province listed the sale of Hanwang Town Hanwang Village plot with a transfer area of 412,225 square meters and the starting amount of listing was 1.268 billion yuan. According to the transfer documents, bidders must have experience in building characteristic towns; only after commercial land is completed can residential projects apply for pre-sale.
Commercial Real Estate
SOHO3Q plans to be listed independently next year
June 20, Pan Shiyi held a press conference to announce that the positioning of SOHO 3Q has changed and will no longer mainly serve entrepreneurial enterprises, but will become China's largest comprehensive office building service provider. It also stated that it plans to launch an independent listing of SOHO 3Q next year.
Pan Shiyi said that he has recently begun to reflect on the entrepreneurial craze, including shared office. Many startups start to spend money to expand after obtaining financing, but the basic problems of making money and profits have not been solved. This method is like picking up a bouquet of flowers from the yard and putting them in a bottle. Although it will be bright for a short time, it will eventually decline.
Kaisa Chengdu Tianyue Building project started
June 19, according to Chengdu media reports, Kaisa's "Kaisa Tianyue Building" located in the center of Chengdu has started construction. It is understood that the project's construction area is 32,876.98 square meters, the building height is 116.5 meters, and the building floors are 33 floors.
CareDel signed a contract with Guangsheng, and the output management model was implemented for the first time in Guangzhou
CareDel Group announced on June 19 that the company recently signed two shopping center management contracts in Guangzhou and Chengdu, with a total retail area of nearly 120,000 square meters (excluding parking lots). It is reported that this is the first time that the output management model of CapitaLand Shopping Center has been implemented in Guangzhou.
Among them, CapitaLand and Guangsheng Real Estate signed an output management contract for the commercial part of the Guangsheng Wanbo City project developed by its subsidiary Guangzhou Wanshun Investment Management Co., Ltd. Guangsheng Wanbo City Complex is located in Wanbo CBD Business District, Panyu District, Guangzhou. The project covers a shopping center and a connected commercial street, a 266-meter-high Grade A office building, two apartment buildings and an international five-star hotel. The building area of the shopping center is 68,000 square meters (excluding parking lots).
Financial Capital
9 state-owned banks illegally raised 36.1 billion yuan from real estate
On June 20, at the third meeting of the Standing Committee of the 13th National People's Congress held, Hu Zejun, auditor-general of the State Council on the implementation of the central budget and other fiscal revenue and expenditure in 2017. The audit of the
report found that nine large state-owned banks illegally provided financing of 36.087 billion yuan to the real estate industry, and some of the individual consumer loans inspected actually flowed into the real estate market and stock markets; some financial institutions absorbed funds by issuing short-term closed-end wealth management products and used to invest in long-term projects, etc., and there is a risk of maturity mismatch.
Google html invested US$6.55 billion in JD
htmlOn June 19, JD announced that it would cooperate with Google on a series of strategic projects, among which Google will invest in JD 550 million in cash.Google and JD.com's cooperation, one of which is to develop retail solutions in multiple regions around the world, including Southeast Asia, the United States and Europe. At the same time, JD.com plans to select a series of high-quality products and sell them in many regions around the world through Google Shopping.
Liu Qiangdong pointed out that the cooperation with Google officially marks the full launch of JD's internationalization strategy. In the future, strategic investors such as Tencent, Walmart, and Google will form an ecological alliance of "boundary-free retail" with JD.com.
Greenland Hong Kong plans to issue one-year bonds of US$200 million
On the morning of June 20, Greenland Hong Kong Holdings Co., Ltd. issued an announcement, proposing to issue US$200 million bonds, with a face value rate of 7.875%.
Greenland Hong Kong said it believes that the proposed bond issuance is beneficial to the company, allowing the company to obtain financing from international investors and improve the company's capital structure. Currently, it is planned to use the net proceeds from the proposed bond issuance as its overseas debt for refinancing and for general corporate purposes.
Enterprise Dynamics
Country Garden Signed Changsha 14 square kilometers Science and Technology City
Recently, the Changsha Municipal Government and Country Garden Group signed a framework cooperation agreement for the integration project of industry and city, and planned to jointly build a five-in-one artificial intelligence technology new city in industrial, academic, research, finance and use in Xiangjiang New District .The
project is planned to be named "Xiangjiang Zhigu·Artificial Intelligence Science and Technology City". It is located in the core starting area of Xiangjiang New District, the core area of Yuelushan high-tech industry. It is connected to Meijiang Road in the north, Hanpu Avenue in the south, Leifeng Avenue in the west, and Changtan West Expressway in the east. The cooperation area is planned to be 14.34 square kilometers, of which the first phase is planned to be 2.41 square kilometers.
Zhongnan Group and Ping An Trust signed a cooperation agreement
On June 20, Zhongnan Group announced that it and Ping An Trust signed a strategic cooperation framework agreement in Shanghai. The two parties will build a comprehensive strategic partnership, give full play to their respective advantages, and reach an agreement on the outlook for completing the scale of strategic cooperation of 10 billion yuan.
This cooperation, Zhongnan Group and Ping An Trust will give full play to their respective advantages to build a comprehensive business cooperation relationship, mainly carrying out multi-level strategic cooperation at the project level, equity investment cooperation, special opportunity fund investment, characteristic towns, asset securitization business, etc.
Xuhui and Baolong signed a strategic cooperation agreement
June 21, Xuhui Group announced that it had officially signed a strategic cooperation agreement with Baolong Real Estate to carry out all-round and multi-dimensional cooperation and exchanges. It is reported that Xuhui and Baolong signed a strategic cooperation agreement this time, and the two parties will establish a long-term and stable strategic cooperation relationship based on the principle of mutual benefit and win-win results.
This signing of the cooperation agreement is not the first time that Xuhui and Baolong cooperate. Since 2016, Xuhui has cooperated with Baolong to develop 4 projects, covering cities such as Ningbo , Shanghai, and Hangzhou.
Country Garden Service was officially listed on the Hong Kong Stock Exchange
On the morning of June 19, Country Garden Service Holdings Co., Ltd., a subsidiary of Country Garden Group, was officially listed on the Hong Kong Stock Exchange. Group Chairman Yang Guoqiang , Country Garden Service General Manager Li Changjiang and many others attended the event.
data shows that as of December 31, 2017, Country Garden Services has provided property management services to 440 property projects and 1 million owners nationwide, with a total fee management area of approximately 123 million square meters.
Real Estate Voice
HSBC Bank releases China Property Management Industry Report
On June 21, HSBC released China Property Management Industry Report, believing that Greentown has strong bargaining power, high customer loyalty, and community refined management, and is expected to maintain a 35% annual growth rate growth rate.
HSBC stated in its industry research report that Zhonghai Property is expected to grow at 17% from 2017 to 2020, and has become one of the leaders in scale and expected profits. It has made more progress in third-party projects while keeping a low profile. Therefore, it is given a "buy" rating.
HSBC research report stated that Caisheng has become the first property management company in the management area through rapid expansion through mergers and acquisitions. Its investment value-added services have entered a mature stage, with user base expanding and profits have grown steadily. Therefore, it was given a "buy" rating for the first time.
Citi : The stock market maintains the "overweight" rating in the second half of the year
On June 21, Citi Private Bank held a press conference on the second half of 2018. Citi believes that although the US dollar interest rate hike will affect the performance of global stock markets, the current interest rate hike has little impact. Moreover, from a global perspective, corporate profits will continue to maintain a growth trend, which is enough to hedge the negative effects of interest rate hikes. Coupled with the decline of market panic, the global stock market will maintain a "overweight" rating in the second half of the year.
In terms of Sino-US trade war, Peng Cheng, an investment strategist at Citi Private Bank in Asia Pacific, said that there is great uncertainty in the Sino-US trade war. The Sino-US trade war has not officially begun at the moment. It will not be known until early July. In addition, the US policy has changed greatly, and the upcoming midterm elections in November are still difficult to draw a conclusion.
