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定了!上海439亿地块由中海、招商等四家公司合作开发
第一财经· 2025-09-05 13:53
Core Viewpoint - The article discusses the completion of a significant equity transaction involving the Xuhui Dong'an urban renewal project in Shanghai, highlighting the participation of major real estate developers and the implications for the local property market [2][4]. Group 1: Transaction Details - A consortium consisting of China Overseas Land & Investment, China Merchants Shekou, and China Travel Investment has acquired equity in two project companies, Shanghai Xindongan and Shanghai Xinbai'an, for a total consideration of 154.78 billion yuan [2][4]. - Following the transaction, the shareholding structure of Shanghai Xindongan will be 50.5% for China Overseas Land & Investment, 35% for China Merchants Shekou, 4.5% for China Travel Investment, and 10% for Xuhui City Investment [4]. - For Shanghai Xinbai'an, the shareholding will be 30.5% for China Overseas Land & Investment, 55% for China Merchants Shekou, 4.5% for China Travel Investment, and 10% for Xuhui City Investment [4]. Group 2: Project Overview - The Xuhui Dong'an project is located in a prime area of Xuhui District, comprising two land parcels acquired earlier this year for a total of 439.5 billion yuan, setting a record for residential land sales in China [5][6]. - The first parcel is designated for residential use, with a total sale price of 98.18 billion yuan and a floor price of 124,130 yuan per square meter, covering a planned area of 79,000 square meters [5]. - The second parcel is a mixed-use development with a total sale price of 341.35 billion yuan, a floor price of 75,013 yuan per square meter, and a planned area of approximately 455,000 square meters, including residential, commercial, and public facilities [5][6]. Group 3: Market Implications - The total transaction amount of 439.5 billion yuan for the two parcels has set a new national record for residential land sales, indicating strong demand and competition among major real estate firms [6]. - The Xuhui Dong'an project is positioned adjacent to the "West Bank Financial City," which was sold for 310.5 billion yuan in 2020, suggesting a strategic development area that could enhance the overall value of the region [6].
定了!上海439亿地块由中海、招商等四家公司合作开发
Di Yi Cai Jing· 2025-09-05 12:13
Core Insights - The Xu Hui Dong An project has set a record for the highest total price for residential land transfer in China, amounting to 43.95 billion yuan [1][4] - A consortium consisting of China Overseas Land & Investment, China Merchants Shekou, Xu Hui City Investment, and China Travel Investment has successfully acquired the development rights for the Xu Hui Dong An urban renewal project [1][3] Summary by Sections - **Transaction Details** - The consortium completed a share transaction through the Shanghai United Property Exchange, acquiring stakes in two project companies, Shanghai New Dong An and Shanghai New Bai An, for a total of 13.082 billion yuan and 2.396 billion yuan respectively [1][3] - Post-transaction, the shareholding structure of Shanghai New Dong An will be 50.5% for China Overseas, 35% for China Merchants, 4.5% for China Travel, and 10% for Xu Hui City Investment [3] - For Shanghai New Bai An, the shareholding will be 30.5% for China Overseas, 55% for China Merchants, 4.5% for China Travel, and 10% for Xu Hui City Investment [3] - **Project Characteristics** - The Xu Hui Dong An project is located in a prime area of Xu Hui District, consisting of two land parcels [1][4] - The first parcel (C030301 unit 127b-24) is purely residential, sold for 9.818 billion yuan, with a floor price of 124,130 yuan per square meter and a planned construction area of 79,000 square meters [2][4] - The second parcel (C030301 unit 125-31) is a large-scale mixed-use development, sold for 34.135 billion yuan, with a floor price of 75,013 yuan per square meter and a planned construction area of approximately 455,000 square meters, including residential, commercial, office, and public facilities [4] - **Market Context** - The total transaction amount of 43.95 billion yuan for both parcels has set a new record for residential land transfer in China [4] - The Xu Hui Dong An project is located near the "West Bank Financial City," which was sold for 31.05 billion yuan in 2020, indicating a competitive landscape for high-value real estate developments in the area [4]
央国企巨擘联手,徐汇滨江再向卓越
Zheng Quan Zhi Xing· 2025-09-05 10:55
Core Insights - The joint development of the Xuhui Dong'an urban renewal project by China Overseas Property, China Merchants Shekou, Xuhui Urban Investment, and China Travel Investment marks a significant milestone, with a total transaction amount of 43.95 billion yuan, setting a record for residential land sales in China [1][5] - The project will create a new landmark in the Xuhui Riverside area, enhancing Shanghai's position as a global city and reflecting the long-term confidence of state-owned enterprises in the value of Shanghai's core urban areas [1][4] Summary by Sections Project Overview - The Xuhui Dong'an project consists of two plots: one residential land with a total transaction price of 9.818 billion yuan and a floor price of 124,130 yuan per square meter, and a mixed-use plot with a total price of 34.135 billion yuan and a floor price of 75,013 yuan per square meter [2][4] - The residential portion of the mixed-use plot will cover approximately 273,000 square meters, while the total planned construction area for both plots is around 455,000 square meters [2] Developer Collaboration - The collaboration of four major enterprises creates a complementary development matrix, leveraging the strengths of each company: China Overseas Property's reputation in high-end residential development, China Merchants Shekou's urban development expertise, Xuhui Urban Investment's local knowledge, and China Travel Investment's resources in cultural tourism [4][5] Strategic Location and Future Development - The Dong'an project is strategically located near the "West Bank Financial City," which was sold for 31.05 billion yuan, creating a combined urban development cluster exceeding 2.3 million square meters [5][7] - The area aims to integrate high-end living, cutting-edge research, and vibrant amenities, catering to diverse consumer needs and enhancing the overall urban experience [7]