深圳宝能城花园又有资产遭挂牌处置。近日，国内头部信托机构中信信托在上海联合产权交易所公开挂 牌了一笔高达14.08亿元的不良债权，其底层资产直指姚振华旗下宝能城有限公司位于深圳核心区域宝 能城花园(东区)三期的160套房产。值得关注的是，深圳宝能城花园早已是法拍市场的熟面孔。近年来 因宝能系债务危机，其名下房产持续密集走上法拍台。后续宝能城花园还有12套房源将于12月在京东法 拍平台开拍。而在宝能系整体债务压力持续升级的背景下，这批核心资产的处置方式与最终结果，也被 市场视为观察其债务困局走向的关键。 中信信托设置保留底价 该价格不会对外公开 据上海联合产权交易所披露的信息显示，此次中信信托处置的债权包括：宝能城有限公司的借款本金10 亿元、剩余利息2.265亿元和其他费用1.816亿元，共计14.08亿元。 值得一提的是，这笔债权的抵押物是宝能城有限公司以深圳市南山区留仙大道北侧宝能城花园(东区)三 期工程半地下101等160处房产，而这批抵押物存在被二押、三押、四押以及被查封的情况。 整体资产价值 或超过18亿元 据了解，宝能城花园位于深圳南山西丽大学城核心片区，紧邻南方科技大学，与地铁5号线塘朗站无缝 ...

Core Viewpoint - The auction of 160 properties related to Baoneng City Garden by CITIC Trust is notable for its "no reserve price" strategy, which aims to expedite the sale of distressed assets amid a challenging market environment [1][2][7]. Group 1: Auction Details - CITIC Trust is publicly auctioning a bad debt of 1.408 billion yuan related to Baoneng City, with the collateral being 160 properties in Shenzhen [1]. - The auction employs a network bidding rule that specifies "no preset transfer reserve price" but includes a hidden reserve price, which has not been disclosed [2]. - The properties involved have multiple encumbrances, including second, third, and fourth mortgages, as well as judicial seizures, complicating their liquidity [3]. Group 2: Market Context - The properties have seen a significant decline in value, with peak prices in early 2023 at 122,800 yuan per square meter, now averaging 93,200 yuan per square meter [4]. - Previous auctions of Baoneng City properties have shown mixed results, with a notable decline in market enthusiasm and price realization [5][6]. - The overall market for commercial and residential mixed-use properties in Shenzhen is experiencing downward pressure, affecting the auction's potential success [3][6]. Group 3: Implications for Baoneng Group - Baoneng Group is facing substantial debt issues, with total liabilities reaching 167.97 billion yuan for Baoneng City and 613.24 billion yuan for Baoneng Real Estate [6]. - The auction reflects broader challenges in the real estate sector, particularly for distressed assets, as evidenced by multiple failed auctions of Baoneng's properties across various locations [6].

深圳宝能城花园又有资产遭挂牌处置。 值得关注的是，深圳宝能城花园早已是法拍市场的熟面孔。近年来因宝能系债务危机，其名下房产持续 密集走上法拍台。南都湾财社记者注意到，早在2022年，宝能城花园便被法院查封484套房产并启动拍 卖程序，此后2024年又有多批次房源挂牌；进入2025年，除了中信信托挂牌处置160套房产对应的14.08 亿元不良债权外，后续宝能城花园还有12套房源将于12月在京东法拍平台开拍。 而在宝能系整体债务压力持续升级的背景下，这批核心资产的处置方式与最终结果，也被市场视为观察 其债务困局走向的关键。 近日，国内头部信托机构中信信托在上海联合产权交易所公开挂牌了一笔高达14.08亿元的不良债权， 其底层资产直指姚振华旗下宝能城有限公司位于深圳核心区域宝能城花园（东区）三期的160套房产。 14亿债权竞拍，不预设转让底价 据上海联合产权交易所披露的信息显示，此次中信信托处置的债权包括：宝能城有限公司的借款本金10 亿元、剩余利息2.265亿元和其他费用1.816亿元，共计14.08亿元。 | | | | 公示附件 2:债权明细表 | | | | | | --- | --- | --- | -- ...