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Beijing Da Kang Shoe City Is Sold Without Sale.

2010/9/8 9:07:00 81

On September 8th, recently, Wong Kwong Yu, a legal representative of Beijing, was going to sell the big Kang shoe city.

Tai Kang shoes city construction

The building area is 150 thousand square meters, located near the Kaiyang bridge near Fengtai District Second Ring Road, Beijing, adjacent to Beijing South Railway Station.

An insider, who declined to be named, told NetEase finance that he had invested

Operate

The most commonly used valuation method for commercial real estate is the average annual rental level and *12 annual return on investment.

For Da Kang shoe city, if the rent per square meter per day is 2 yuan, the annual rent level is 110 million, and the overall selling price is about 1 billion 320 million.

Another method of calculation is based on the selling price. If the commercial property is calculated at 17 thousand per square metre in the lot, the whole city will be the whole.

price

Up to 2 billion 500 million.

However, the person also said that the valuation of commercial property often depends not only on the value of the building itself, but also on its rental and operation.

Big Kang shoe city is located in the southern Second Ring Road, the commercial atmosphere has been sluggish, has not yet formed a mature business circle, big Kang shoe city's vacancy situation is also more serious, so the price may not be ideal, optimistic about the valuation range between 13-25 billion.

It is reported that the current legal representative and chairman of the city is Wong Kwong Yu.

In June 2003, Wong Kwong Yu and two other shareholders jointly formed the Beijing DAC international shoe city Co., Ltd., the company invested 15 million 66 thousand yuan, and two natural shareholders invested 9 million yuan, another company invested 3 million 674 thousand yuan.

In 2005, Wong Kwong Yu pferred all the shares held by the big Kang shoe city to Peng run real estate holdings limited, which is the oldest Real Estate Company in Gome.

In May 2008, Wong Kwong Yu planned to inject about 18 billion yuan of real estate assets into Zhongguancun, a listed company.

At that time, the items included in the listed company included the big Kang shoe city.

However, the plan eventually aborted.

Unexpectedly, in April of this year, two other shareholders sued for the dissolution of DAC international shoe city limited on the grounds of "Wong Kwong Yu's poor management". Peng ran estate also believed that the company would continue to operate and would cause huge losses, so it agreed with the plaintiff.

The company was ordered to be dissolved by the Fengtai court.

Da Kang shoe city said in the lawsuit that the shoe city now only has more than 300 stalls, basically from last June, all tenants began to rent arrears, and daily operations were difficult to sustain, and shoe city's business was on the verge of closure.

NetEase finance and economics recently visited Tai Kang shoe city and learned that business began to improve in September, but they did not know that shoe city would be sold on sale.

"Seasonal factors have led to better business."

Mr. Zhang, director of the big Kang shoe city, told NetEase finance that the judgment of the court has already come down. After the liquidation group has taken inventory of assets, the company will cancel it, but there is no answer.

"At present, several projects of the company have indeed reached the key nodes."

Peng run real estate, a person in charge told NetEase finance.

Wong Kwong Yu said to NetEase finance that the capital of Da Kang shoe city can raise funds. The Wong Kwong Yu family has been selling Gome business for the last two years. The valuation of Gome is about 6 billion.