A receiver has appointed an agency to sell the entire 23rd floor of Bank of America Tower in Central and three parking spaces
The
property was bought in 2018 by a company controlled by Qiu Yafu and
other directors of Shandong Ruyi Technology Group, sources say
A
fashion tycoon who once hoped to build an empire billed as China’s
version of LVMH has lost a prime office property and three car-parking
spaces in Central, as a receiver is now seeking to sell the portfolio
for HK$500 million (US$64 million), according to sources familiar with
the matter.
The receiver has appointed an international property agency to sell the 13,880 sq ft 23rd floor of Bank of America Tower in Central, along with three parking spaces, the property agency said on Wednesday.
The
statement did not disclose the original buyer, but sources confirmed
the property was bought in 2018 by a company controlled by debt-ridden
fashion tycoon Qiu Yafu and other directors.
The
asking price, which works out to HK$36,000 per square foot, is HK$200
million less than the HK$701.8 million (HK$50,000 per square foot) a
company called Forever Winner International Development paid for it,
according to data from the Land Registry.
Qiu,
via his Shandong Ruyi Technology Group, made US$4 billion worth of
overseas acquisitions in three years starting from 2015 in an attempt to
build a luxury empire on the level of LVMH, the French powerhouse that
owns its namesakes Louis Vuitton and Moët Hennessey, as well as many
other brands.
Ruyi’s
acquisitions included UK outerwear maker Aquascutum and French fashion
retailer SMCP, whose labels include Sandro, Maje and Claudie Pierlot.
The group also bought Hong Kong-listed Trinity, which controls British
bespoke tailor Gieves & Hawkes, in 2017 from Victor Fung Kwok-king,
the chairman of the Li & Fung Group.
Ruyi, which means “according to one’s wishes” in Chinese, however, has not been able to achieve Qiu’s dream.
Starting
in 2019, the private luxury clothing giant had difficulty paying the
debts from its global shopping spree. After the Covid-19 pandemic made
things worse, the company delayed a domestic bond repayment on a 1 billion yuan note twice between March and June 2020, according to Bloomberg reports at the time.
Moody’s Investors Service downgraded Shandong Ruyi’s debt
into the junk zone to Caa3 in March 2020, after lowering it to Caa1 in
December 2019. The ratings agency withdrew its ratings for the company
in May due to insufficient information.
The Post has contacted Ruyi by email but received no response, while Qiu could not be reached for comment.
The
Hong Kong stock exchange delisted Trinity on October 31 after an
18-month suspension of trading in its shares. Trinity has been
undergoing liquidation since August last year, according to a winding-up
order by the Bermuda Court, according to its exchange filings.
Trinity’s
subsidiary brands, including Gieves & Hawkes, Cerruti 1881 and Kent
& Curwen, “continue to carry on their business as usual”, joint
liquidators Fok hei-yu, Daniel Chow Wai-shing and Edward Whittaker said
in a stock exchange filing in January.
“The
joint liquidators have been assessing the financial position of the
group and considering the opportunity of a possible restructuring of the
group,” the filing said.
(South China Morning Post)
For more information of Office for Sale at Bank of America Tower please visit: Office for Sale at Bank of America Tower
For more information of Grade A Office for Sale in Admiralty please visit: Grade A Office for Sale in Admiralty
For more information of Grade A Office for Sale in Central please visit: Grade A Office for Sale in Central
SHKP wins Kwun Tong's second commercial site
Sun
Hung Kai Properties (0016) has won the second commercial site on
Anderson Road in Kwun Tong for HK$296 million, following yesterday's
successful tender for the development of the first commercial site in
the West Kowloon Cultural District.
The
Lands Department announced yesterday that the tender for a site, lot
1077 in survey district No.3, off Anderson Road, Kwun Tong, Kowloon, has
been awarded to the highest tenderer, Topco, a subsidiary of SHKP, on a
50-year land grant at a premium of HK$296 million.
The
site area is about 57,373 square feet with a maximum gross floor area
of 110,290 sq ft and the earlier market valuations for the land ranged
from HK$3,355 to HK$5,500 per square foot, with the total value ranging
from about HK$370 million to HK$600 million.
Based
on the project's maximum gross floor area of 110,290 sq ft, the land
price per square foot is about HK$2,684, which is 20 percent lower than
the market valuation and 51 percent much lower than the first commercial
site on Anderson Road, which was awarded to Link REIT (0823) in late
August this year at a price of HK$5,501 per square foot.
Victor
Lui Ting, deputy managing director and executive director of SHKP, said
that they are very pleased to get the site and the company will invest
in a total of about HK$1 billion in the future and build a shopping mall
there.
The tender for
the site closed last Friday and a total of four tenders were received.
Other bidders included the subsidiaries of Sino Land (0083), Link
Holdings (8237) and CK Asset Holdings (1113).
(The Standard)
市場接連出現商廈銀主盤，中環美國銀行中心23樓全層連三個車位，由接管人推出放售，物業為交吉，意向價5億。
該物業為美國銀行中心23樓全層，面積約13880方呎，平均呎價3.6萬，連同該廈4樓5號、6號相連車位，以及50號車位，據了解，山東如意集團於2018年7月以約7.01億購入，平均呎價50562元，及後淪為銀主盤，最新意向價低購入價2.01億或幅度28%。
平均呎價3.6萬
有代理表示，物業享有開揚維港景，近期寫字樓市場交投回暖，投資者積極把握機會，美國銀行中心全層放售罕見，加上為銀主盤，是自用或投資好選擇。
(星島日報)
更多美國銀行中心寫字樓出售樓盤資訊請參閱：美國銀行中心寫字樓出售
更多金鐘區甲級寫字樓出售樓盤資訊請參閱：金鐘區甲級寫字樓出售
更多中環區甲級寫字樓出售樓盤資訊請參閱：中環區甲級寫字樓出售
新地2.96億奪安達臣道商業地 每呎約2684元21年來市區最低
繼西九龍文化區藝術廣場大樓項目之後，新地再下一城，以2.96億力壓其餘3家財團，投得觀塘安達臣道第二幅商業用地，惟每呎樓面地價約2684元，不僅低於市場估值下限，並較領展今年8月底投得的同區首幅商業地，每方呎樓面地價約5501元為低，意味地價短短約三個月下跌約51%，更創市區商業地21年來每方呎樓面地價新低。
上周五截標的安達臣道第二幅商業用地，地政總署昨日公布招標結果，由新地以2.96億投得，每方呎樓面地價約2684元。新地副董事總經理雷霆表示，很高興投得上述地皮，由於該區將來人口密度高，將會興建中等檔次的民生商場，預計總投資約10億。
雷霆：預計總投資約10億
由於現時本港商業市道前景未明朗，市場早前已經調低該幅商業地的估值至約3.6億到5.5億，每方呎約3300至5000元，然而中標價低於市場估值下限約17%。不僅如此，若與今年8月底由領展以7.66億投得的該區首幅商業地比較，當時每方呎樓面地價約5501元，意味剛由新地投得的同區商業地，地價於不足三個月下跌約51%，並且是2001年10月紅磡灣商業地之後，市區商業地21年來每方呎樓面地價新低紀錄。
將興建中檔次民生商場
有測量師表示，領展投得的同區首幅商業地，中標價較第二標出價高約72%，今次的成交價更能反映現市況地價及商用物業的價值。該測量師又說，商業用地價格跌幅較住宅用地為大，除因為供應與庫存量大，空置率遠高於住宅之外，同時因為投資商用物業回本及達至收益平衡時間較長有關，風險較住宅發展為高。
上述用地位於觀塘安達臣道對出 (測量約份第3約地段第1077號)，指定作非工業 (不包括住宅、辦公室、酒店、倉庫及加油站) 用途，該項目由兩個「大細不一」的地盤組成，其中較大的一幅位於安健道，而較細的一幅則位於安禧街。地盤面積合共5.7萬方呎，涉及可建總樓面約11.03萬方呎，發展規模較早前批出的同區另一幅商業地皮細約20%。
涉可建總樓面11.03萬呎
該地皮上周五截標時，合共接獲4份標書，以商業用地標書數目計算，為近兩年來最少，根據地政總署公布的資料，是次入標財團包括新地、信和、長實及領展。
(星島日報)
中資3.2億 購黃大仙鳴鳳街地盤
中資武夷集團積極於黃大仙併購舊樓，消息指該集團剛以約3.2億元，購入黃大仙鳴鳳街43至53號地盤，樓面呎價約8,080元，屬於市價水平。
土地註冊處資料顯示，黃大仙鳴鳳街永華樓昨日錄得14個住宅及3個舖位成交登記，涉及收購價約1.43億元，以該廈住宅實用440至460平方呎計，收購呎價介乎1.5萬至1.8萬元之間。收購財團透過港偉投資有限公司名義收購，該公司董事包括內房武夷集團或相關人士。消息指相關集團已經集齊全幢大廈業權，收購價大約3.2億元。
可建樓面3.96萬呎 呎價8080
資料顯示，永華樓樓齡約53年，共有30個住宅及6個地舖，地盤面積4,400平戶呎，以重建地積比9倍計，可重建樓面約3.96萬平方呎，以收購價3.2億元計，樓面呎價約8,080元。
事實上，武夷集團近年連續在黃大山連購多個項目，包括2017年以1.12億元，購入鳴鳳街18至20號全幢。2020年以強拍形式統一比鄰的鳴鳳街22至24號全幢業權，2個地盤合併後面積約共3,600平方呎，可重建約3.24萬平方呎樓面。
(經濟日報)
活化工廈EASTCORE 每呎叫租17元起
在活化工廈政策推動下，觀塘有不少工業大廈改裝作辦公室及商舖等用途，其中由大鴻輝集團發展的觀塘道398號EASTCORE租務情況最為理想，在疫情期間，出租率近9成，平均呎租亦見16至17元。現時尚有9個單位招租，呎租叫價約17元起，業主更會提供彈性租務安排，以迎合租戶需要。
有代理表示，位於觀塘觀塘道398號EASTCORE集餐飲、零售及商業於一身，租賃向來活躍，而該項目尚9個單位正在招租中，分布於3樓、6樓、9樓及12樓，面積由約1,786平方呎至8,712平方呎，叫租由每平方呎約17元起。
9單位招租 面積1786呎起
EASTCORE樓高15層，地下至1樓為餐飲及零售用途，而2樓全層更獲售賣電器行業租客經營；3樓至15樓則為寫字樓樓層，單位備有獨立冷氣系統，大廈可以24小時進出，令租客工作時間更具彈性；另設4部客貨𨋢直達各層，有助加快人流移動。
兩地舖獲承租 每呎租金150元
因項目質素上乘，租賃反應不俗，至今出租率累計近9成，租客類別亦見多元化，分別獲傢俬、健身中心、泰拳及商務中心青睞，平均呎租約16至17元。同時，隨着疫情漸趨穩定，餐飲行業加快進駐潛力核心區份，新近EASTCORE兩個地舖，面積分別約564及786平方呎，租予咖啡室及台灣珍珠奶茶店，每平方呎租金均約150元。
資料顯示，EASTCORE為活化商廈項目，前身為嘉域工業大廈，活化工程剛於2021年完成，為物業增添價值。EASTCORE位處觀塘道，屬觀塘主要幹道，交通便捷，有多條巴士、小巴綫往來港、九及新界，與港鐵觀塘站亦僅一步之距；加上項目鄰近區內地標apm商場，區內商業氣氛濃厚，支持租金走勢發展向好。至於，物業配套設施齊備，地理位置又見佳，配合九龍東未來發展前景，對租戶極具吸引力，預計此物業租賃交投會見熱烈，未來升值潛力更高。
(經濟日報)
