新华财经上海11月20日电 上海城市更新正向纵深发展。以打造"新天地"系列闻名业内的城市更新巨擘 瑞安正式发布公告，敲定与上海陆家嘴集团等本土国企在浦东三林的重磅合作事宜。业界认为，国有资 本与社会资本的又一次深度携手，不仅让浦东三林有望崛起成为上海城市更新的新一代范本，还彰显了 多元参与模式在重塑区域活力、激活片区价值中的重要作用。 "强强联手"，91亿级城市更新项目敲定 11月19日晚间，瑞安房地产（00272.HK）发布公告称，其附属公司上海瑞安城市更新建设有限公司当 日与三家上海国有企业达成重要合作，四方联合成立合营公司深耕城市更新领域。 图为瑞安房地产（00272.HK）公告 此次合作涉及的三方国资主体分别为上海陆家嘴（集团）有限公司、上海市浦东新区房地产（集团）有 限公司及上海三林资产管理（集团）有限公司，新成立的合营公司将在浦东新区三林镇西林村地块上进 行更新发展项目（下称"三林项目"）。 公告显示，该合营公司注册资本高达23.2亿元，合营股东的总资本承诺约为91.62亿元。这一规模在近年 来上海同类城市更新项目中位居前列。 股权结构方面，上海陆家嘴持股40%，上海瑞安城市更新持股39%，上海市 ...

新华财经上海11月20日电（谈瑞）上海城市更新正向纵深发展。以打造"新天地"系列闻名业内的城市更新巨擘瑞安正式发布公告，敲定与上海陆家嘴集团等 本土国企在浦东三林的重磅合作事宜。业界认为，国有资本与社会资本的又一次深度携手，不仅让浦东三林有望崛起成为上海城市更新的新一代范本，还彰 显了多元参与模式在重塑区域活力、激活片区价值中的重要作用。 "强强联手"，91亿级城市更新项目敲定 11月19日晚间，瑞安房地产（00272.HK）发布公告称，其附属公司上海瑞安城市更新建设有限公司当日与三家上海国有企业达成重要合作，四方联合成立 合营公司深耕城市更新领域。 珠玉在前，三林项目被寄予厚望 作为一家港资房企，瑞安房地产自2001年以上海新天地为起点深耕沪上以来，已逐步将上海打造成自身最大的资产重镇。 其2025年中期业绩报告显示，上半年营业收入20.74亿元，租金及相关收入达17.81亿元，其中78%都来源于上海的物业组合。在这样深厚的战略根基下，总 投资承诺约91.62亿元的三林项目，无疑成为瑞安房地产加码上海城市更新的又一关键落子。 瑞安房地产在公告中明确表达了对三林项目的极高预期："三林项目将有助本集团强化城市更 ...

Core Viewpoint - The article discusses the financial struggles of Hong Kong entertainment company Emperor Group, which is facing a debt crisis of HKD 16.6 billion, prompting its artists to engage in unusual promotional activities to help repay debts [1][2]. Group 1: Debt Crisis and Market Trends - Emperor Group's debt crisis is a reflection of broader challenges faced by Hong Kong real estate companies, which have been reducing their operations in mainland China [1][2]. - The article highlights a significant trend of Hong Kong real estate firms, such as Hongkong Land, downsizing their workforce and operations in mainland China, marking a shift from their previously robust presence [1][2]. Group 2: Historical Performance of Hong Kong Real Estate Firms - Hong Kong real estate companies were once known for their aggressive land acquisitions, setting records for land prices, such as Hongkong Land's acquisition of a site in Shanghai for approximately HKD 31.05 billion in 2020 [4]. - The sales performance of projects developed by Hong Kong firms has been strong, with examples like New World Development's Guangzhou project achieving a record average price of CNY 21,800 per square meter [5][6]. Group 3: Strategic Adjustments and Future Directions - Many Hong Kong real estate firms are now actively adjusting their strategies, with some opting for joint developments to leverage local expertise and resources [20]. - The shift towards a "light asset" model is emerging as a new opportunity for Hong Kong firms, allowing them to maximize their brand and operational capabilities while minimizing capital investment [23][24]. - Companies like Swire Properties and New World Development are exploring light asset collaborations to enhance their operational efficiency and financial stability [24][27]. Group 4: Market Dynamics and Competitive Landscape - The article notes that the competitive landscape in the mainland real estate market has intensified, prompting Hong Kong firms to adapt by improving their development speed and project management [16][19]. - The ongoing adjustments by Hong Kong real estate firms reflect a broader trend of market recalibration, where firms that embrace change are finding new opportunities amidst challenges [28].

该地块包括位于中国上海市浦东新区三林镇西林村的地块。该地块的总建筑面积约为72.39万平方米。 预期该地块将主要用于住宅及商业用途。 三林古镇拥有丰富的文化遗产与风景优美的滨河步道，为集团提供绝佳契机，以透过在上海最具活力的 经济引擎-浦东新区打造新地标，巩固公司在城市更新及商业发展领域的领先地位。邻近的高科技产业 园及前滩中央商务区聚集着大批中高收入年轻人群及家庭在此奋斗，公司预期该区域对中高档住宅产品 的需求将十分强劲。 三林项目将有助本集团强化城市更新产品线。集团预期成立合营公司将进一步巩固本集团于上海城市更 新领域的领先地位，带来不俗的物业销售收入，并强化本集团的财务状况。 瑞安房地产(00272)发布公告，于2025年11月19日，上海瑞安城市更新(本公司的附属公司)与上海陆家 嘴、上海市浦东房地产及上海三林就合营公司(拟用名称为上海三林新天地（301277）城市更新建设有 限公司)的合营安排订立股东协议。合营公司预期在位于中国上海市浦东新区三林镇西林村的该地块上 进行更新发展项目。 合营公司将由上海陆家嘴、上海瑞安城市更新、上海市浦东房地产及上海三林分别拥有40%、39%、 11%及10%。 ...

该地块包括位于中国上海市浦东新区三林镇西林村的地块。该地块的总建筑面积约为72.39万平方米。 预期该地块将主要用于住宅及商业用途。 三林古镇拥有丰富的文化遗产与风景优美的滨河步道，为集团提供绝佳契机，以透过在上海最具活力的 经济引擎-浦东新区打造新地标，巩固公司在城市更新及商业发展领域的领先地位。邻近的高科技产业 园及前滩中央商务区聚集着大批中高收入年轻人群及家庭在此奋斗，公司预期该区域对中高档住宅产品 的需求将十分强劲。 三林项目将有助本集团强化城市更新产品线。集团预期成立合营公司将进一步巩固本集团于上海城市更 新领域的领先地位，带来不俗的物业销售收入，并强化本集团的财务状况。 智通财经APP讯，瑞安房地产(00272)发布公告，于2025年11月19日，上海瑞安城市更新(本公司的附属 公司)与上海陆家嘴、上海市浦东房地产及上海三林就合营公司(拟用名称为上海三林新天地城市更新建 设有限公司)的合营安排订立股东协议。合营公司预期在位于中国上海市浦东新区三林镇西林村的该地 块上进行更新发展项目。 合营公司将由上海陆家嘴、上海瑞安城市更新、上海市浦东房地产及上海三林分别拥有40%、39%、 11%及10%。 ...

三林古镇拥有丰富的文化遗产与风景优美的滨河步道，为集团提供绝佳契机，以透过在上海最具活力的 经济引擎－浦东新区打造新地标，巩固公司在城市更新及商业发展领域的领先地位。邻近的高科技产业 园及前滩中央商务区聚集着大批中高收入年轻人群及家庭在此奋斗，公司预期该区域对中高档住宅产品 的需求将十分强劲。三林项目将有助集团强化城市更新产品线。集团预期成立合营公司将进一步巩固集 团于上海城市更新领域的领先地位，带来不俗物业销售收入，并强化集团财务状况。 格隆汇11月19日丨瑞安房地产(00272.HK)公告，于2025年11月19日，上海瑞安城市更新(公司附属公司) 与上海陆家嘴、上海市浦东房地产及上海三林就合营公司的合营安排订立股东协议。合营公司预期在位 于中国上海市浦东新区三林镇西林村的该地块上进行更新发展项目(即三林项目)。合营公司将由上海陆 家嘴、上海瑞安城市更新、上海市浦东房地产及上海三林分别拥有40%、39%、11%及10%。 该地块包括位于中国上海市浦东新区三林镇西林村的地块。该地块的总建筑面积约为723,885平方米。 预期该地块将主要用于住宅及商业用途。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 Shui On Land Limited 瑞安房地產有限公司 * （於開曼群島註冊成立之有限責任公司） （股份代號：272） 主要交易 達成合營安排 以進行位於中國上海市浦東新區 更新發展項目 達成合營安排 董事會欣然宣佈，於二零二五年十一月十九日，上海瑞安城市更新（本公司之附屬 公司）與上海陸家嘴、上海市浦東房地產及上海三林就合營公司的合營安排訂立股 東協議。合營公司預期在位於中國上海市浦東新區三林鎮西林村的該地塊上進行 更新發展項目（即三林項目）。 合營公司將由上海陸家嘴、上海瑞安城市更新、上海市浦東房地產及上海三林分 別擁有40%、39%、11%及10%。 上市規則之涵義 由於上市規則第14.07條項下有關本集團就該等交易的資本承諾的最高適用百分 比率超過25%但少於100%，故該等交易構成本公司主要交易，及因此須遵守上 市規則第14章項下的申報、公佈及股東批准規定。 – 1 – 根據上市規則第1 ...

Core Insights - The commercial real estate market is undergoing a deep adjustment period characterized by recovery and transformation, with renewed vitality from the recovering consumer market, yet facing persistent downward pressure, particularly in the office sector where supply-demand imbalance remains unresolved [1] - Companies are actively expanding financing channels, accelerating the implementation of public REITs for consumer infrastructure, and deepening digital transformation while exploring diversified operations to enhance operational quality and consumer experience [1] - The market is expected to remain in a dynamic process influenced by multiple variables, requiring companies to be agile in capturing consumer trends and macroeconomic changes to maintain operational resilience and strategic agility [1] Industry Developments - The industry is witnessing a shift towards innovative business models and operational restructuring to meet increasingly diverse and refined consumer demands [1] - The "Performance Index 2025 Annual Commercial Real Estate Performance" has been released by the Insights Index Research Institute to provide practical references for market participants, aiding the industry in navigating uncertainties to find certain development paths [1] Company Rankings - A list of top companies in various categories has been compiled, showcasing their performance in brand value, management capability, innovation, and digital development [4][5][9][12][15][33][36]

截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 瑞安房地產有限公司 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00272 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 12,000,000,000 | USD | | 0.0025 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 12,000,000,000 | USD | | 0.0025 | USD | | 30,000,000 | 本月底法定/註冊股本總額： USD 30,000,000 FF301 股份發行人及根據 ...

Core Viewpoint - The responsibility of urban developers is not to create spectacles but to nurture the soil, allowing roots to breathe and extend, leading to stable branches and leaves [1][23]. Group 1: Community Value - The value of a community lies in whether people are willing to stay for generations and continue living there [2][23]. - Community is the "source code" of a city, with cultural roots providing vitality, while skyscrapers only enhance the skyline [9][12]. - The shift from a commercial project brand to a community brand reflects a new proposition for the future of urban development [7][31]. Group 2: Long-term Strategy - In a turbulent real estate industry, the focus should be on community as the core, culture as the bond, and long-termism as the strategy [12][53]. - The approach of prioritizing community needs over immediate sales reflects a commitment to long-term growth rather than short-term gains [25][37]. - The development logic is shifting from investment-driven to experience and innovation-driven, emphasizing the creation of spaces that foster community interaction [34][37]. Group 3: Urban Development Philosophy - The philosophy of urban development should respect the stories and traditions of the land, focusing on "stock quality improvement" rather than large-scale demolition [40][44]. - The community should cater to diverse family structures, acknowledging the changing social dynamics beyond the traditional family model [42][44]. - Environmental considerations must be embedded in community planning, making resilience a core competitive advantage [44][46]. Group 4: Future Community Vision - The future community should be a "super composite elastic container," accommodating various functions such as living, working, learning, and entertainment [46][48]. - The emphasis on co-creation with residents highlights the need for communities to evolve through shared experiences rather than being predefined by developers [46][48]. - The integration of local culture and global dialogue is essential for creating vibrant communities that attract creative talent [48][49]. Group 5: Industry Context - The real estate market continues to face significant downward pressure, with investment and sales figures showing declines [50][52]. - Many real estate companies are struggling with survival, emphasizing the need for patience and responsibility in a short-term driven industry [52][53]. - The true value of a community is realized over time, focusing on its vitality years after construction rather than immediate financial returns [53][55].