Li Ka-shing approaches Shanghai East Eight block

Source: Internet
Author: User
Keywords Plot neighbourhood
Tags administration available for beginning block company development enterprises game
Li Ka-shing Curve in Shanghai, the last gold plot as Zhou "heritage" of the East Eight is not a simple geographical concept, but that real estate Beikewen popular, the businessmen and the city dances in the gray land transfer game of the era of symbols.  When Shanghai real estate again into a rebound cycle, the attention of the new owners here, it is beyond the general meaning of July, Shanghai. Rising house prices have made every inch of land available for development hot.  For the past few years, people have been wary of it, and the eight-block east of Jingan, in the northeastern part of Shanghai, has once again been coveted. At the beginning of the month, adjacent to the East eight block of Western Sven in the block wall, piling equipment, pipe pile arrived. July 12, a black clothing contractor said, the site can be confirmed to be Hutchison Whampoa plot: "The land here is paved with gold, said after the completion of only rent not to sell." "Sisvanli on the" mosaic "in the Zhou and fame" East eight block "area between. 2003, "Shanghai's richest Man" Zhou, known as Shanghai's last gold, covers an area of about 180,000 square meters of "East Eight" Dayton into the land of right and wrong.  Its intertwined interests and unspeakable implications have deterred many property giants. After the Zhou case, "East eight" by the Jingan government comprehensive recovery, planning for a larger adjustment.  Following the establishment of three neighbourhoods in the south, the North's five neighbourhoods were eventually drawn into the newly planned Suzhou Riverside modern services gathering area--planning and related infrastructure renovation is in progress. The Sisvanli project is also in the "Out-of-print Golden Treasure" of this new program.  Although it does not belong to the old Zhou eight block, but because of the close connection and belong to the people's mouth of the "Da Dong Eight area." In this respect, even the original East eight of the owners are conceptually vague, so and Huang into the main Sisvanli, they were angry, issued the "to Hong Kong's richest man Li Ka-shing," The open letter, said that access to Shanghai real estate transactions data, not see "East Eight" transfer information, so in Hong Kong media forced Palace Li Ka-shing,  Require it to publicly account for the details of the above plots.  Many media have been "Li Ka-shing took over the original Zhou eight projects" as the title of a large report, Hutchison Whampoa has been not a word. To this end, this newspaper to Shanghai City Jingan Authority personage to verify this matter. "In fact, the land in the west is not part of the eight neighbourhoods that Zhou signed in 2002, but is located in another block of eight large areas in the east," the person said.  However, for ordinary people, the East eight block is not a simple geographical concept, but the real estate Beikewen Popular, the businessmen and the private dance in the gray land transfer game of the era of symbols.  Therefore, when Shanghai real estate again into a rebound or even the industry cycle of high innovation, people's attention to the new owner of Sisvan, it is beyond the general significance. "East eight" war era in the last round of real estate boom cycle, "East Eight" was Shanghai's biggest scar. As "Shanghai's richest Man" Zhou's fortune chip, was once regarded as the Chinese urban land system is not sound symbol, caused a lot of controversy, andIndirectly triggered a wave of corruption in Shanghai officialdom.  The old town, known as "The last piece of gold in Shanghai," located in the northeast of Jingan, Shanghai, consists of eight old Kaifong, Dongzhi Chengdu North Road (North-south elevated), south to Beijing West Road, Western to Shimen two, north to New Gate Road, the total area of 176,400 square meters. Shanghai Jing ' An district 2002 years of a demolition document once on the plot to make the following definition: "East Eight" is a construction of the double high area of a major project, to improve the northern areas of residential housing status and urban form, the significance is particularly significant.  In accordance with the established plan, the ultimate goal of this project is to accelerate the transformation of old areas through the introduction of foreign investment.  In May 2002, the Shanghai municipal government divided the land into eight blocks in order to avoid the pattern of land transfer, with the then "Shanghai richest Man" Zhou signed eight pieces of state-owned land eight contract.  At this time of Zhou foreign words, he intends to "East eight" down, and then converted to "larger than Gubei" high-grade residential, business district, investment 6 billion yuan, can get 8 billion yuan of investment return.  According to the public report at the time, the "East Eight" is not just a Zhou, from Hong Kong's Li Ka-shing family, Sun Hung Kai Group, and many other consortia have been on the project for a dark win. Later, the story has been known-although Zhou won, but due to the land transfer and relocation of residents of many disputes, eventually triggered a series of lawsuits and reports. A year later, weeks in prison.  At the end of August 2003, the Shanghai municipal government reclaimed the plot. Many of the reports at the time confirmed that the government's recovery of the land was only a stopgap measure--how the big old City renovation project would be carried out and by whom and by what means was a hot spot.  The final destination of this land has been a subject of widespread concern for many years. In the balance between the pros and cons, a few years past.  At this time of Shanghai's housing prices and land prices have been soar, and urban areas can be large planning and development of the land is left, the "East Eight" to become hot again. After that, Shanghai Jingan proposed new construction plan.  Three neighbourhoods in the south of the original "East eight" area were planned as public green spaces, while the remaining five neighbourhoods are included in the newly planned Suzhou Riverside Modern service area, the original controversial "East Eight" has actually ceased to be a whole--now the residents of the Suzhou Riverside District have already begun to carry out demolition works.  Now, everything has changed, Zhou is two degrees, and then drubbing Li Ka-Shing consortium, but with the new planning, again curve approximation "East eight".  and the yellow curve returned five years later, a comeback, Hutchison Whampoa when there is no taste in the heart.  According to our sole investigation, Li's two local companies jointly formed the Long and Dasheng (Shanghai) Co., Ltd. has become the new owner of Sisvanli. According to relevant information, in the project company, Li Ka-shing's Hutchison Whampoa owns 60% of the equity, staticAn area of enterprise Shanghai Tatsu-Ann Real estate investment company accounted for 25% of the remaining 15% of the shares are held by Shanghai Sheng Rong Investment Co.  According to the public information, the project covers an area of 14,500 square meters.  However, and Huang's arrival is still quite a struggle-if the last is bully with private enterprises, this time is the curve via local state-owned enterprises. Industry and commerce data show that the west of the plot was first approved in 1997, the time of the Shanghai Real Estate Development Corporation (40%), Hong Kong Golden Horse Yangtze River Investment Co., Ltd. (60%) jointly composed of Shanghai Golden Horse Zhong Fang Real Estate Co., Ltd.  At a price of 18.8864 million yuan from the Shanghai Housing Bureau, the original construction project for the Central Plaza trader building.  2002, 2003, Shanghai Golden Horse After the second hand, the third hand flow, and finally its control fell into the hands of Shanghai Da ' an real estate investment company-the company is Jingan District is an enterprise. Jingan Planning and land administration people told this newspaper: "The reasons for the circulation is quite complex, there are joint ventures between the two sides, but also the ups and downs of the Shanghai property market, the site has become Jingan a famous rotten tail plate."  The final fate of the "rotten tail" was taken over by Jingan, a real estate company in Shanghai, due to its own strength factors, an pulled Hutchison Whampoa, the state-owned giant Shanghai Sheng, together with the investment in Western Sven Project, to build a not more than 100 meters high high-end properties. Scherkingshon, a Chinese analyst at Habitat, said: "In the 90 's until 2003, when Shanghai real estate was not up, Jingan many of the old City projects were run through Shanghai's Ann."  "At present, located on the edge of Sisvanli, Dahan Real Estate, an century mansion are the development of Shanghai Da ' an." During this time, Zhou the crime. The East eight block and its neighboring old City renovation project all ceased.  The Government of the original "East eight" area of the relevant planning is being formulated-the final form of the scheme is currently the south of three residents become green, while the other several residents into the Suzhou Riverside area, as the "East eight large area." "Before Zhou, a number of Hong Kong-owned property giants, including Hutchison Whampoa, had been interested in eight plots of land but were" scared off "by the government's high ground prices.  Scherkingshon, a Chinese analyst who has long been concerned about the East's eight-block region, told the newspaper. "In the past few years, the Shanghai Central urban area of the old land, mostly by the Government and the relevant state-owned companies to get, so Hutchison Whampoa can only participate in the project company, such as the construction of valuable land plots."  Xue said. An official reply from the Shanghai Foreign Investment Commission showed that in 2005, the company that owned the project in western Sven sold its rights to the British Virgin Islands Beright Investments 2¥q, Shanghai da ' an real estate investment company and Shanghai Sheng Rong Investment Co., Ltd.  The total purchase price paid by the three companies was 292.5 million. At that time, Standard Chartered Bank (Hong Kong) Limited presented to the Shanghai Government a fundKim's status certificate shows that Beright investments 2¥q is not only the controlling entity of Hutchison Real Estate Co., Ltd., "the fund is in good condition and is satisfied with all dealings with the bank."  "And soon thereafter, Shanghai Golden Horse China Real Estate Co., Ltd. officially renamed as Long and Dasheng (Shanghai) Co., Ltd., 2007 New Planning and Design Office Project, the new company registered capital from 99.33 million yuan to 221.75 million, the total investment expanded to 443.5 million, of which 50% owned, 50% bank loans.  At this point, Hutchison Whampoa finally through the joint with local state-owned enterprises, the curve approaching East eight area. The reporter was informed by investigation, the land is currently the project company long and Dasheng company responsible for the promotion. The company registered capital of 221.75 million, of which the real estate giant Hutchison Whampoa accounted for 60% of the company, Shanghai da ' an real estate investment company accounted for 25%, Shanghai Sheng Rong Investment Co., Ltd. accounted for 15%.  The project investment amount, which was tentatively listed in 2007, was 443.5 million. This newspaper access to industrial and commercial information on the long and Dasheng a board resolution showed that "West Sven" project uses for Office and commerce, the total construction area of about 80,000 square meters. Hutchison Whampoa is very low-key about the construction of the project.  The top ten real estate projects in Shanghai listed on the Hutchison Whampoa Limited's website, and Huang's external title is "New Gate road Project".  According to the relevant information, this is not a particularly large project, in the planning, West Sven Project total land costs only 191 million, other construction costs of 252.5 million. But there is no doubt that this is a good deal. Prior to Li Ka-shing is located in Changle Road office Century Business Plaza, its construction area and Sisvanli project is quite, but the lot is far inferior to Sisvan. May 2008, the century commercial property sold 4.438 billion yuan price.  Industry is expected, in contrast, after the completion of the west of the project will be the flat-inch gold. But because of the location of the land and a multitude of topics, it still makes a strong point, such as Hutchison Whampoa, low-key.  Today, the company remains evasive about external issues. June, this newspaper called the Hutchison Whampoa Shanghai Branch executives to understand the plot matters. The other party in the meeting, the body is not suitable for rebuffed.  Reporters according to the company's public relations request to send an interview outline, as of press, did not receive Hutchison reply.  After the "East Eight" era, if the complex flow from the west of the development process, but also can see some early days of the real estate movement to do traces, the future of the East Eight area will enter the real strict and normative process paradigm.  After the Sisvanli project first broke ground, Jingan to the East eight blocks north of the "Suzhou Riverside Modern service industry agglomeration area" of the land reserve also intensified operation, the reporter learned that this involves the original East eight block 5 neighbourhood demolition. Jingan Planning and land administration officials told the newspaper that the end of December this year, the original "East eight" in the number 60th Kaifong can be demolished, and after the demolition of several other residents, the government may be bundled into the signboard hanging marketTo implement the new plan.  It has been revealed that the real estate giants have come to visit at home and abroad.  Reporter in the east eight scene saw, which of the 60th Kaifong (Daejeon Road West, Shanhaiguan Road north), half has been flat demolished. "Because of the new Plan No. 13th subway line, the ' Natural Museum Station ' is located here, so the number 60th residents first demolition, may also enter the market, there are several real estate giants to visit the scene."  "Jingan Planning and land management. "The more difficult it is to relocate, 60th, the east of the No. 59th Kaifong, 67th Kaifong, do not know when to start demolition, we look forward to the demolition of the three residents after the joint listing, hoping to have a real estate giant to take it together, which is conducive to the unity of the new planning Jingan.  "Jingan Planning and Land Administration said:" The Li Ka-shing block there are two other residents will also be demolished, if conditions permit, Jingan can also let 5 of the neighborhood auction together.  Jingan Planning Land Authority People told this newspaper, the Park ground demolition of the funds: "The early part of the Zhou pay, the back of the demolition costs are borne by the Government," it did not disclose their respective funds to pay the scale. Jingan Planning and land administration sources, this is the largest in the Jingan of the current area of the transformation of the old.  According to the plan, the future will be all positioned as commercial office, hotel, leisure tourism Center, just with the South Green Jingan Sculpture Park.  Shanghai's mayor Han Zheng attended the groundbreaking ceremony June 26, when the Shanghai Natural Museum, which invested 1.2 billion, started work in the Jingan Sculpture Park. Jingan Sculpture Park, Green Grass Shady.  70,000 square meters of the huge green space, it is the Shanghai government in 2003 from the hands of the Zhou eight after the cut out of the first block, has been completed a phase of the plot from 56, 572 residents, and two-phase land is the dispute still stretches to date of the 58th Kaifong. In May 2003, with the help of lawyers, it was from 58th residents and civic agents who initiated an appeal against the "interest group" of the East Eight Zhou.  At home and abroad media focus, Zhou Shi through the East eight blocks of a series of capital camouflage surfaced, its capital chain immediately disintegrated, week also first clanking imprisoned. Now, the story is still there.  But the new plan has been fully launched under the leadership of the government. There are comments that from the original overall transfer "East eight", to take the lead to start Sisvanli this relatively clear property rights of the land, the final realization of the original "East eight" piece area implementation strokes hang, in this round of real estate rebound cycle, the Shanghai municipal government on how to deal with this involves a lot of benefits of the historical legacy,  There has been a very clear policy plan. Public information said that the Shanghai government on the two-stage green space for the exquisite planning, under the green space for Asia's largest "500,000 kv Jingan (Expo) transmission substation." "Shanghai Electric Power company spokesman Wang Changxing told this newspaper:" The current underground civil work has been completed, immediately can be delivered to the ground to build green space, the entire project is expected to complete the whole works before the expo.  ”Perhaps at that time, people rarely talk about the "East eight" this once-touching place.

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