深圳绿景白石洲大量老房仍未拆除、120亿元“天价入股”遭紧急澄清

Core Viewpoint - The recent clarification from "CITIC City Investment South China" regarding the Shenzhen old renovation project, Greenview Baishizhou, has sparked renewed interest and speculation about the project's financial dynamics and future development plans [1][5]. Project Overview - The Greenview Baishizhou project has been under the urban renewal plan since 2014, with a total planned construction area of 3.58 million square meters and an estimated value of approximately 220 billion yuan [5]. - As of September 11, 2023, the first phase of the project, Greenview Baishizhou Jingting, consists of 6 buildings, including 3 residential and 2 commercial buildings, with a total of 2,746 units [7]. Current Status - The first phase is nearing completion, with 819 units registered and 179 units under purchase agreements, while 720 units remain unsold, accounting for 41.4% of the total [7]. - The second phase has been cleared, but the third and fourth phases are still in the planning stages, with potential adjustments to residential and commercial indicators according to new regulations [7][10]. Financial Dynamics - CITIC City Investment's denial of the 12 billion yuan investment rumor has not quelled market speculation about the project's capital movements [10]. - Vanke previously invested 2.3 billion yuan for an 8% stake in a related company, with a profit-sharing agreement for the third and fourth phases [10][11]. Strategic Partnerships - The partnership between Greenview Group and Vanke resembles a "betting contract," with clauses allowing Vanke to exit if certain development milestones are not met by specified deadlines [11]. - The potential for introducing state-owned enterprises for future development has been suggested, as these entities typically have lower capital costs and better government relations [15]. Market Outlook - The project is located in a prime area of Nanshan District, which is expected to appreciate in value over time, raising questions about who will ultimately take over the project [13][15]. - Analysts suggest that large state-owned enterprises or local investment platforms are more likely candidates to step in, given their financial capabilities and government connections [15][16].