Pan Shiyi wins Beijing-Shanghai commercial real estate sales champion

-Morning news reporter Liu Chang yesterday, Soho China issued interim results, in the first half of 2010 Soho China Turnover (after deducting business tax) rose 119 times times to 8.66 billion yuan, has exceeded the 2009 annual turnover level, to become the Beijing-Shanghai commercial real estate sales champion.　　Pan Shiyi, the chairman of Soho China, said the company would increase its holdings in the next few years and continue to look for business opportunities in Shanghai, including the forthcoming commercial complex in the core area of the Hongqiao CBD. BEIJING-Shanghai commercial real estate sales Champion Data show that In January-July this year, Soho China's contract sales amounted to 13.57 billion yuan, of which the Beijing New landmark project Galaxy Soho accounted for the largest sales share of 5.96 billion yuan, followed by Soho Ka Shing Center and Soho China's first project in Shanghai Soho Donghai Plaza, the contract sales amount of 3.35 billion yuan and 2.2 billion yuan respectively. According to Habitat statistics, in the commercial real estate sector, the Galaxy Soho and Shanghai Soho East Plaza, respectively, became the first half of the sales champion.　　Real estate sales, natural profit, the announcement showed that the first half of SOHO China net profit of 1.72 billion yuan, an increase of 136 times times. After the successful acquisition, leasing and sale of Soho East Plaza, Soho China this year in the Shanghai market twice, first in June to buy 2.25 billion yuan in Shanghai Waitan 204 plots Most of the stake, after August to 1.56 billion yuan to pick up the temporary space 15th plots. The two new projects in Shanghai will start construction in 2011 and be completed in 2013.　　Currently, Soho China's three projects in Shanghai, as well as Beijing's Galaxy Soho, Wangjing Soho, Guanghua Road Soho and other projects have been completed and will be built for the next three years to create about 50 billion yuan in sales. Keep your eye on the big Hongqiao plot. Pan Shiyi stressed that the future Soho China will continue to adhere to the existing business model: the development of commercial real estate in Beijing and Shanghai, while increasing the proportion of quality projects, such as the development of the Shanghai Waitan Project and the Galactic Soho Project part of the area, Within 3 years, the project area will account for 20% of the development project area.　　He also said that the Soho China this year's pre-sale targets and announced at the beginning of the 18 billion yuan unchanged, the amount of the acquisition project will be roughly the same as last year, the company's Hongqiao business district, the core of the first stage of the site of the 3 commercial comprehensive land of concern. In view of the current real estate market, Pan Shiyi believes that the housing market in the mainland this year may be a decline in turnover and prices. The reason is: the government's tightening of loans for development, the clean up of idle land policy, the government will soon be introduced by the developers of pre-sale funds supervision measures, and so on, would greatly tighten the hands of developers of funds; in the first half of this year, the National Real estate market investment increased by 38.1%, while the , the guaranteed housing will form a large supply in the second half of this year, which has a negative impact on commodity housing prices.