Cause for concern "in the sea acquisitions" finally settled. Yesterday, reporters learned that in the sea after the acquisition of Shell Electric, will receive Everbright 170 million square meters of real estate land reserve, the relevant procedures for the transfer of officially began today.
More than one million land reserve by Everbright
According to industry speculation, the acquisition of Sea Shell electrical appliances, the aim of obtaining Everbright in the hands of high quality assets and land bank. It is understood that completion of the acquisition, China Everbright the sea will be 1.7 million square meters of land reserves of real estate interests. Xiao Yi, according to a new real estate Everbright said CNOOC acquisition of the group's relevant procedures officially began today, is equal to the transfer.
According to Shell Electric 2008 Annual Report Showing: Everbright Real Estate in Beijing, Guangzhou and other cities wholly or jointly owned 10 real estate property or are developing projects, involving a land area of about 300 million square meters. Among them, Everbright real estate in Beijing, Guangzhou, reserves held by the project, all the land belongs to the current market, a few high-quality transfer of land. Among them, in Beijing, China Everbright, Haidian District, real estate has a building area of 8.6 square meters of the project, as well as a suburb of villas and low-density residential land use, construction area of approximately 17.5 million square meters.
Not only that, the group real estate web site shows that in Guangzhou, Shanghai, Beijing, Guilin, Hohhot, and Hefei both projects. At present, the sea there is no project in the latter three cities. The curve obtained in the sea Everbright real estate, its property territory expanded.
Ear zero-gap to make up a land bank
It is understood that before the acquisition, the sea is not only zero in Guangzhou, the land reserve, there are very few in the sale of the project. The industry believes that after the acquisition of China Everbright, China and the sea just filled the land market in Guangzhou zero land reserve gaps.
This reporter has learned, the group real estate in Guangzhou are currently two residential projects and one commercial project. Everbright Garden residential project is a J, K region, the total construction area of 35 million square meters, the other project is located in the Pearl River with a total construction area of about 5.8 square meters. Residential projects and commercial projects are under development and construction.
Disclosed in the sea, as of December 31 last year, the annual accumulated amount of the sea real estate sales of 47.8 billion Hong Kong dollars (about 42.088 billion yuan), representing an increase of 79.6%; total sales area of 4.768 million square meters, representing an increase of 76%.
