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Why has the implementation of Real Estate 'acquisition' been slow?
① "Although some places have announced the situation of storage, overall, the acquisition of stock land and commercial housing in various regions faces multiple difficulties, making the related implementation work not easy." ② Whether it is repurchasing idle land or acquiring existing commercial housing, there is a certain time interval from raising funds to completing the storage; how to ensure that funds can be effectively circulated within a certain period and achieve expected returns is also a factor that various regions have to consider.
GREENTOWN SER (02869.HK) subsidiary acquired 25% equity in Hangzhou Jiancheng for 0.22 billion yuan.
GREENTOWN SER (02869.HK) announced that its subsidiary Hangzhou Chunyue has entered into a share and debt transfer agreement with GREENTOWN CHINA (03900.HK) subsidiary GREENTOWN Real Estate, to acquire 25% equity and shareholder loans of Hangzhou Jiancheng for 0.222 billion yuan. After the acquisition and the acquisition by GREENTOWN Holdings are completed, Hangzhou Jiancheng will be held by Hangzhou Chunyue, Zhejiang GREENTOWN SER Asset Management, and GREENTOWN Holdings in the proportions of 45%, 40%, and 15%, respectively. The group believes that Hangzhou Jiancheng holds relatively high-quality underlying assets, and that the properties in the investment project have been fully completed and have been leased.
Daily Real Estate Industry Dynamics Summary (2024-12-23)
The signing ceremony for the regional coordinated development of the housing provident fund among the five cities of Shenzhen, Meizhou, Huizhou, Shanwei, and Dongguan was held in Shenzhen. The housing provident fund management centers of the five places officially signed the "Cooperation Agreement for Promoting Coordinated Development of Housing Provident Fund" and held the first joint meeting.
Daily Real Estate Industry News Summary (2024-12-20)
Recently, after several regions officially announced that commodity housing will be priced based on usable area, "cancellation of shared area" has once again become a trending keyword.
MIDLAND HOLDING: Hong Kong property prices are expected to "counterattack" next year, with an estimated increase of around 5%.
MIDLAND HOLDING expects that next year Hong Kong property prices are likely to "rebound," reversing a three-year decline, with an increase of about 5%, and rents rising another 6%.
Daily summary of Real Estate Industry news (2024-12-19)
On December 17, Zhangjiakou City in Hebei issued a policy to encourage the implementation of "direct sales of existing properties," gradually advancing the "cancellation of public space allocation"; previously, Hengyang City in Hunan clarified that the sales of commercial housing are priced based on the usable area, and currently the "cancellation of public space allocation" is beginning to take effect in multiple locations.
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