来源：中国经营报 记者：陈晶晶 2026年开年以来，险资频频"扫货"商业不动产。 近日，一则超80亿元的商业地产交易"引燃"大宗资产交易市场。包括泰康人寿、友邦人寿、长城人寿、 中宏人寿、中意人寿等在内的7家险企投资成立的私募基金——天津兰沁股权投资合伙企业（有限合 伙）（以下简称"兰沁股权基金"），规模高达86.01亿元，成功接盘英格卡集团旗下的无锡、北京、武 汉三座荟聚购物中心。这一交易不仅再次刷新了商业地产并购纪录，也成为险资布局商业不动产的重要 一步。 中宏人寿相关负责人对《中国经营报》记者表示："此次投资综合考虑了项目情况、运营方资质和回报 预期等，符合公司稳健、长期价值导向的一贯投资理念，以及资产负债管理需求。" 长城人寿相关负责人回应记者采访表示："三座购物中心成熟运营、出租率高、租金稳健，提供持续可 预测的租金收入，现金流确定性强。商业地产租金可随通胀与消费升级上调，对冲利率下行与通胀压 力，提升资产组合韧性。" 博取现金流收益 公开资料显示，兰沁股权基金于2026年2月6日注册成立，规模达86.01亿元，出资方阵容强大，合伙人 有泰康人寿、长城人寿、友邦人寿、中宏人寿、中意人寿、中美联泰大都 ...

Core Viewpoint - Baolong Real Estate is set to sell Hangzhou Binjiang Baolong City and Hangzhou Binjiang Baolong Yijun Hotel for an initial price of 1 billion yuan [1][7][9]. Group 1: Transaction Details - The sale agreement involves Shanghai Lianshang No. 1 Commercial Management Co., Ltd., which is 99.97% owned by Lishui Lianjia No. 2 Equity Investment Partnership [2][10]. - The payment will be made in four installments, with the first payment being 135 million yuan [2][9]. - A special shareholders' meeting will be convened by Baolong Real Estate to discuss this matter [10]. Group 2: Property Information - Hangzhou Binjiang Baolong City has a total construction area of approximately 137,000 square meters (excluding parking) and includes 1,390 underground parking spaces [5][12]. - The hotel has 175 guest rooms and began operations in December 2017 [5][12]. - The properties generated a net operating income of 231 million yuan in 2023, projected to be 232 million yuan in 2024, and 156 million yuan from January to August 2025 [5][12]. Group 3: Financial Obligations - After the completion of the equity transfer, Lianshang No. 1 will be responsible for providing shareholder loans or arranging new financing to repay approximately 1.46 billion yuan in project debt [5][12].

Group 1 - The company announced a conditional agreement to sell 100% equity of Hangzhou Huazhan Real Estate Development Co., Ltd. to Lianshang Yihua, which will result in the target company no longer being a subsidiary of the company after the transfer [1] - The target project includes a commercial complex known as Hangzhou Binjiang Baolong City shopping center and the Hangzhou Binjiang Baolong Yijun Hotel, both located in Hangzhou, Zhejiang Province, China [1] - The equity transfer is expected to improve the company's liquidity and support its daily operations and property development projects [1] Group 2 - The estimated net proceeds from the equity transfer are approximately RMB 999.7 million [2] - The company plans to allocate 45% of the proceeds for property development to ensure timely delivery, 20% for general operating expenses, 15% for tax expenses, 10% for overseas restructuring costs, and 10% for domestic restructuring costs [2]