Private equity wants to rob Pan Shiyi favor project Shanghai staged office scramble

Every reporter Yang Yiqiang from Shanghai "The company is now robbing Laopan (Soho China Chairman Pan Shiyi) of a project."　　"The head of a real estate private equity company, who is planning to acquire a commercial real estate project in Shanghai, told the Daily Economic news yesterday (December 22) that it was competing with Soho China for an office building project in Nanjing East Road that they are interested in acquiring. The dramatic move comes after a woman who claims to be a salesman for Soho China's Shanghai company has contacted the Daily economic news reporter to try to sell the project to private equity funds that are interested in investing in Shanghai commercial property.　　And the above and Pan Shiyi for Nanjing East Road Project investors are also in the scope of marketing.　　It is worth mentioning that as Soho China's Donghai Plaza Two is currently sold a few more, its project in the Grand Hongqiao is also ready to stand, the sales staff prepared to recommend to investors in this year in June and October, Soho China announced the successful acquisition of the Waitan Project and Fuxing Road project. But the two projects, which were initially priced at 3.6 billion yuan, are now estimated at more than 10 billion yuan. According to this calculation, Pan Shiyi in Shanghai six months of investment, carrying at least "earn" more than 5 billion yuan, more than the purchase price doubled.　　The latest monthly report from Zhongyuan Real estate shows that, influenced by inflation, large sums of money are flowing into the Shanghai office market, making the recent rise in office prices.　　Twice a year? Soho China's acquisition of the Waitan and Fuxing Road project has not been a long time. Soho China issued a June announcement that 2.25 billion yuan to buy 90% stake in the company, thus indirectly obtained the company's name of a project company 90% Equity. The project, which was favored by Soho China, is located at the southern end of the Shanghai Waitan region, according to the announcement.　　According to the calculation, Soho China indirectly obtained the construction area of about 131,000 square meters. In October this year, Soho China entered into an agreement with the gorgeous family to buy about 48.5% per 1.2 billion of the Shanghai Luwan Project.　　The project for commercial and office use, the total planning area of about 137,400 square meters. Yesterday, Soho China, the sales staff said, as the office market heating up, the above Waitan project and Fuxing Road project total amount of more than 10 billion yuan.　　The price is said to be the company's expectation. China Real Estate Information Group analyst Scherkingshon said the quote reflects the current market offer. DTZ Office of East China director, Director Yang-da revealed that within the inner ring sales office price of 40,000 ~5 million/square meters has been very common, 60,000 yuan/square meters of office space has also appeared, as part of the sales of the quality of office buildings have been catching up to even more than the rental type of Grade A office, So the price of Shanghai office is being continuously broken.　　Office prices are expected to rise further next year. According to him, the 2008 financial crisis, the construction area of Shanghai's office space greatly reduced, which ledSupply fell sharply.　　The number of office buildings sold in Shanghai this year is 30% lower than last year, objectively resulting in the scarcity of office space within the inner ring of Shanghai. The return on office rents in Shanghai has also been improved. In the financial, securities companies pulled, the second quarter of this year began, office rent stopped to maintain a stable, to 8 ~ September, other such as bio-pharmaceutical, beauty apparel and other industries also began to gradually active in the Shanghai office market, led to a small increase in rents.　　As of the end of December, the level of Shanghai office rents reached 7.14 yuan per square metre per day, up about 15% compared with the 6.2 yuan at the beginning of the year, while the vacancy rate of office buildings in Shanghai market fell to 7.61%. Under such circumstances, even the office buildings in suburban Shanghai are selling well. In 2009, office space outside the outer rim accounted for 36% of Shanghai's city, a figure that rose to 42% in 2010.　　In July-August this year, outside the ring office transactions even accounted for the month of Shanghai office total volume of half.　　Avoid inflation money again?　　However, data from China real Estate Information Group show that the driving force behind the rise in the price of office space is not the rise in rental returns, but it is most likely the embodiment of the influx of large numbers of inflation-avoidance funds. According to statistics from the institutions, the total area of office space sold by Shanghai this year has fallen 30% from the same period last year, from 2.02 million square meters last year to 1.3959 million square meters this year. The transaction price from last year's 19997 yuan/square meters, slightly fell to this year's 19978 yuan/square meters. In addition to April this year, the Office of the monthly deal area reached 193,000 square meters, the other months of the deal area of 100,000 square meters.　　The real show of fiery signs is this month, as of 22nd, Shanghai office space has reached 150,000 square meters.　　In the rise in turnover, Shanghai office supply suddenly blowout, from last month's 125,000 square meters, expanded to December 243,000 square meters. The major institutions generally attributed to the end of the year the root cause of office prices to avoid the inflation of private funds influx. Yang-Da revealed that inflation expectations and residential investment is blocked, the huge private capital to invest in the total price, cost-effective outside the Outer Rim Office property in order to increase the value of assets.　　After the introduction of the "limit order", overseas funds to Shanghai office of the new pursuit, is also seen as the Shanghai office market will be hot one of the reasons. Domestic real estate private equity rise or expand demand before DTZ, the joint director of China's investment department Ye Jiancheng revealed that the domestic real estate private equity fund has just completed, is planning to enter the real estate market acquisition of property. And by the impact of residential control policies, the above funds more locked commercial class properties.　　In addition, it is likely to become the next year's real estate market acquisition of the main and is allowed to invest in real estate soon life insurance funds. The dynamism of the funds is already apparent.　　At the beginning of December, there was news that Pacific insurance was seeking to buy the century trade plaza, which was sold by Li Ka-shing in 2008. andRecently, there are a number of private private equity funds to find the "Daily economic news" reporter, hoping to provide them with relevant property information, including a more than 100,000 yuan/square meters of high price budget, to buy in Shanghai Jingan, HUANGPU and other regions of the highest quality office property. These funds are clearly the focus of the "PR" of the property developers. Yesterday, the daily economic news reporter found one of the private equity funds, briefed him on Soho China's door-to-door sales and sent information about sales executives wishing to meet them, but was told that their current holdings of property information were dozens of, and that they took a project in Nanjing East Road, is now in competition with Soho China.