Pan Shiyi: Regulatory policy targeting commercial property in residential market will be favored

Mr Pan Shiyi, chairman of Yang Soho China (00410.HK) Co., Ltd. believes the regulation will not affect commercial property for the time being. He told our correspondent at the first tenant check-in ceremony of three Li Tun Soho that the new regulation policy of the State Council is only aimed at the residential market, and the commercial and office market will not be affected. "Over the past few years, the commercial and office markets have been affected by policies that have been less affected by government incentives and support and are not subject to policy constraints and repression." The commercial and office market has been developing in tandem with China's economy in recent years. Pan Shiyi believes that regulation may even squeeze a group of funds into commercial real estate. In fact, for the past year or so, most commercial property developers have been burdened with heavy pressure. Beijing CBD office supply has increased significantly, the vacancy rate has been maintained above 30%. The same lot of commercial real estate prices and residential property prices upside down.　　The value of commercial property is considered by insiders to be underestimated. As the economy recovers and housing prices soar, vacancy rates in office buildings have fallen and rents have started to rise earlier this year. Take the Gold Changan Building C block, for example, at the beginning of the year, the monthly rent per square meter is less than 90 yuan, now up to 100 yuan, now this 32-storey office building, 20 floors below almost all have been rented out.　　According to the number of agencies such as statistics, the 2010 Beijing office market Supply for 2009 years of 57.8%, the reduction of supply will reduce the rental pressure on the holders, and by the global economic recovery, the expected impact of the Beijing office market this round of adjustment or V-shaped. The development of commercial real estate-oriented Shimao Group (600812.SH) Shimo Dong Three office building 1th buildings recently opened, an investor Hao throw 450 million, the whole purchase 4 floors.　　Last June, Shimo Dong 32nd, the single building was a domestic large group to buy 300 million yuan. Cade North China Regional deputy general manager's that regulation will not make Cade easily exit the Chinese market. "If residential property is affected, there are commercial real estate in the hands of Cade."　　's to this newspaper reporter said. Commercial real estate developers are generally relatively optimistic compared with residential real estate makers.　　China-kun Real estate under the Bell Commercial Plaza project will be opened in the near future, according to the relevant officials revealed that the rental situation is close to 100%. GVA, director of the Bur Commerce Department, Chen that policy has little impact on commercial property in general. For example, before the developer takes the land, the government prescribes the proportion of the site's offices, homes and businesses. If the market is good, lots of good, developers will be the commercial part of the volume rate increase.　　Chen that the real impact on commercial real estate is economic development and employment. It is also understood that under the situation of residential real estate intensive control, many developers have recently expressed the importance of commercial real estate, Vanke (000002.SZ), poly (600048.SH) and other companies, have proposed to increase investment in commercial real estate. In the real estate industry formerly known as only subtraction Vanke recently announced three commercial real estate projects, and announced its commercialThe real estate ratio will reach about 20% of the total asset allocation.　　Dalian Wanda is the full development of more than 20 commercial real estate projects, to step up the construction of Guangzhou Baiyun New Town Wanda Plaza. Poly Real Estate said that in the next 3 years, the company will hold commercial property to increase the area of 3 million square meters, thus becoming the whole enterprise a new profit growth point.