The completion of this large-scale transaction has aroused public concern that Zhang Songqiao will follow Li Ka-shing's footsteps to bet on British real estate and clean up the assets of mainland projects.
The acquisition of Li Dehe Tower in London by Sino-Chongqing Land was officially completed on March 1.
On the evening of May 1 Sunday, Zhongyu Land, a Hong Kong-listed company, announced that its indirect wholly-owned subsidiary bought all the shares of Li Dehe Tower, the tallest building in the City of London, with cash of165438+35 million pounds (about RMB 10 1 100 million yuan). The transaction will include a liability with an estimated amount of about12.7 million. On March 3rd1day, the appraisal of the building was about110.50 billion pounds (about/Kloc-0.20 billion yuan).
The newspaper quoted British media sources as saying that if the transaction is completed, it will become one of the largest acquisitions of China enterprises in the British real estate industry. It will highlight the trend of China capital flowing into global real estate.
At the end of February, Sino-Chongqing Land's bid for Li Dehe Building was1.20 billion pounds (about 8.5 billion yuan), which is said to be the highest bid in the whole bidding process, surpassing the Korean Investment Corporation (KIC) and Singapore sovereign fund Temasek Holdings, and may become the highest single real estate transaction in the UK since 20 14 years.
National business daily also said earlier that if Li Dehe Tower is acquired at a price of 8.5 billion yuan, its premium will be doubled.
In this way, the price of 10 1 100 million yuan is really expensive.