In the past two months, the turnover of the three major commercial properties exceeded 65.2 billion yuan

Fortune REIT (778) sells “Wo Fu Hui” with a single issue of $ 2 billion as one of the spotlight deals, but even more noteworthy is that In the last two months, at least 3 listed companies have sold commercial real estate projects, involving a total amount of about 65.2 billion yuan. As the end of the year and the beginning of the traditional off-season, a new round of resale or will come.

Last month alone, there were two transactions. On November 1, Cheung Kong (1113) suddenly announced that it will dispose of about 75% interest of the entire Central Building for $ 40.2 billion. Breaking Evergrande’s $ 12.5 billion acquisition of Want Want Mansion in Wanchai in 2015 has become the highest-priced commercial transaction in Hong Kong.

On the 28th of the same month, LCL (823) announced that it has sold 17 shopping mall and parking lot properties to a consortium led by GEG Capital for a total consideration of $ 23 billion. It is the largest transaction since the listing of LMCL and the price is HK $ 9 billion this year The valuation at the end of the month is about 52% high.

As can be seen from the above three transactions, the atmosphere of the commercial real estate market is very hot and the demand is strong to support the high price transaction. According to the past experience of Hong Kong, once the continuous and highly anticipated dealings have taken place, the upsurge will not be dampened for a short period of time, that is, there may still be high-priced deals coming out in the short term.