The global economy has been affected by the crown disease in the past few years. Many companies have fallen into financial dilemma. Among them, real estate developers in mainland China are now forced to sell properties and even partially taken over.Xiangqi Center is the property that has been taken over.

Comprehensive Ming Pao and online media "Hong Kong 01" reported that Xiangqi Group, a subsidiary of Shenzhen wealthy businessman Chen Hongtian, bought three properties with a company of approximately HK $ 7 billion (S $ 1.2 billion) in 2015 and 2016.The largest transaction was Hong Kong dollars at the Red Harbourgate East (now name Xiangqi Center) purchased from HK $ 4.5 billion, and it has been taken over last month.

Savills PLC was appointed as the exclusive agent to be responsible for the sale of Xiangqi Center.It is reported that this property consists of a super -armored office building and a shop, with a total floor area of about 279,000 square feet and equipped with 155 parking spaces.The property valuation provided by the original owner last year was about 7 billion Hong Kong dollars.

The first Taiping Davis said that the property was launched as a global bidding by the host, and the interruption date was August 28 this year.

Wen Wuzhong, chief director of the First Pacific Davis Investment Department, said that the property sold in this time is the headquarters of Yongming Finance, and the neighbor is the Guoshou Overseas Headquarters.It is proved that the property is highly sought after by large multinational enterprises in terms of its location, surrounding environment, and equipment quality. It is appropriate to invest in self -use. I believe that this sale will once again attract large enterprises.

Zheng Haoxian, deputy director of the investment officer of the first Taiping Davis Davis, added that the property rental rate sold for this time was 84%, and the rental return was stable.

Data show that this property is built from Huidefeng Real Estate and was completed in 2016. In the same year, the entire commercial building shop was purchased by the chairman of Shenzhen Xiangqi Group and a member of the National Committee of the Chinese People's Political Consultative Conference.The headquarters and long -term investment of the group in Hong Kong.The property was named Xiangqi Center, but was taken over by Hang Seng Bank earlier.