据LINK REIT披露，其于6月4日订立买卖协议，以人民币32.047亿收购位于广州市天河区珠江新城中心内的太阳新天地购物中心。
新天地太阳购物中心位于天河区马场路36号，土地使用权于2039年7月11日到期。物业估值为33.50亿元。8层高商业发展物业连同4层停车场，供月90,113.41平方米总楼面零售面积（可租用零售总面积50,360.82平方米），停车场面积10,077.67平方米，800个停车位。
该项目当前拥有198份租约，出租率70.03%。将于2021年至2023年期间到期的零售租约占该物业零售面积的基本租金收入的68%。
BrookField(博枫)以14亿美元自ADIA(阿布扎比投资局)与Macquarie（麦格理）合资的公司收购收购了上海悦荟、青岛悦荟、西安悦荟、重庆东原·悦荟·新新Park，以及另一处由北京物业由与万科的独立合资企业经营的项目。
悦萃由Pradera Retail Asis管理，Pradera Retail Asia成立于2016年9月，由两家全球顶尖的行业巨头合资成立，致力于在亚洲范围内提供整合、优质的资产管理服务。公司的投资方之一是拥有雄厚专业实力与卓越零售资产管理能力的Pradera，另一方为在大中华区有逾20载地产事务经验的麦格理基础设施及有形资产（MIRA），双方强强联手开拓亚洲市场。在中国，Pradera Retail Asia为MIRA旗下的四个零售地产(上海悦荟、青岛悦荟、西安悦荟、东原·悦荟·新新Park)提供完善的资产优化服务，管理租赁总面积达20万平方米。
3月2日，杭州西站枢纽站城综合体项目所涉及的两宗地块均以底价成功出让，总建面高达128万平方米，由杭州市西站枢纽开发有限公司与融创、中国铁建等多家公司组成了两个联合体拿下，成交金额共计约53.77亿元。
根据规划，北侧地块将用于建设商业、酒店、娱乐康体、影视文化中心等，建筑最高约399米，建成后将取代钱江南岸310米高的杭州世纪中心，成为崭新的杭州“第一高楼”。
这个TOD项目将在今年内开工、7年后交付，操盘手正是已在杭州拿下诸多大体量商住项目的融创，以及拥有多个高铁站综合体成功项目的鹏瑞利。
3月2日上午9点15分至9点30分，仅经过一轮报价，该项目一北一南两宗地块便完成了挂牌出让：融创+西站枢纽开发联合体以25.04亿元竞得北侧地块，鹏瑞利+西站枢纽开发+中国铁建+大铁路投资联合体以28.73亿元竞得南侧地块。
出让文件显示，北侧地块出让面积7.55万平方米，容积率7.9，建筑面积59.62万平方米，限高400米，楼面价4200元/平方米，将建成7幢高层建筑（含日后的杭州“第一高楼”），预期在今年9月开工。
南侧地块出让面积9.69万平方米，容积率7.1，建筑面积68.82万平方米，楼面价4175元/平方米，将建成多栋高层建筑，总建面8万平方米的云城展示窗口“云门”地上部分将在今年7月开工。
按照规划概念以及高铁站房“站城一体化”理念，将以杭州西站枢纽为核心，覆盖酒店、商务办公、公寓、文娱、会展、科创等业态，利用枢纽南北两侧传统车站广场，同时促成土地开发强度提高、解决城市发展短板、提升城市空间品质，实现铁路运输和城市综合服务的多重功能复合，即站城融合。
其中，商务办公方面拟引入以云计算为代表的数字科技创新等资源，为人才创业、产业发展提供平台，总建面超50万平方米；引入至少2个五星级以上酒店、总建面超13万平方米，以及满足高端商务、会务、会展需求的国际交流中心1.5万平方米；配置新商业的商业文化服务15万平方米，同时规划服务公寓——可销售、可分割转让。
− Transaction involves acquisition from Sincere Property and two entities of China Ping An totalling 84.6% interest in a Chinese tech park developer for RMB 850 million; CDL will also assume its proportionate share of shareholders’ loans
− Combined transaction will accord CDL an effective 55% stake in a tech park in Shenzhen which has been independently valued at RMB 8.8 billion
− Tech park located at the technology hub of Greater Bay Area in southern Chinadeveloping 413,634 square metres of gross floor area over four phases
City Developments Limited (CDL) said today it has entered into agreements to acquire from Sincere Property Group (Sincere Property; 协信远创) – its joint venture investment in China – and two entities of China Ping An (Ping An; 中国平安), equity interests which will accord the Singapore real estate conglomerate a combined 55% effective interest in a Shenzhen technology park.
In its first major corporate action since forming a special working group to improve liquidity of Sincere Property, CDL said it has acquired from the three entities a total of 84.6% equity interest in Shenzhen Tusincere Technology Park Development Co. Ltd. (“the Holdco”; 深圳启迪协信科技园发展有限公司) for RMB 850 million (approximately S$174 million1) and will assume existing shareholders’ loan proportionately. Sincere Property will continue to hold the balance 15.4% equity interest in the Holdco.
The Holdco controls 65% equity interest in Shenzhen Longgang Tusincere Tech Park (“the Project”; 深圳龙岗区 启迪协信科技 园) which has been valued at RMB 8.8 billion (approximately S$1,805million1) by independent valuer, Cushman & Wakefield. The remaining 35% equity interest of the Project is held by Shenzhen Longgang District state-owned enterprise (深圳龙岗区商业服务集团有限公司).
This asset acquisition will reduce the gearing of Sincere Property which has faced liquidity issues since the onset of the COVID-19 pandemic and tighter rules imposed by China related to borrowings of real estate developers. The operating and regulatory environment in China has been evolving rapidly since the Group invested in Sincere Property in April 2020.
The acquisition is the first action by the CDL special working group announced on 4 January 2021 to improve liquidity of its JV equity investment in Sincere Property.
To date, CDL’s total investment in Sincere Property remains at S$1.8 billion as announced inOctober 2020. The Group has not provided any further liquidity support or corporate guarantees to Sincere Property since.
Mr Kwek Leng Beng, CDL Executive Chairman, said, “In executing this asset acquisition the CDL working group is accelerating efforts to implement the restructuring of Sincere Property. Our focus is to improve liquidity while limiting any additional financial exposure by CDL to the investment in Sincere Property.”
领展(LINK REIT)宣布，根据日期为2021年2月24日之框架协议及目标股权转让协议书，领展（透过买方）已同意向卖方收购目标股权。 目标股权占目标公司股权之50%。
待落实成交后，领展将透过持有目标股权与持有剩余50%股权之其他股东成为目标公司之共同拥有人。
买方已与其他股东订立合营企业协议（将于成交日期生效），以规管买方与其他股东（作为目标公司之股东）之间的关系。
目标公司为该物业（称为七宝万科广场，位于中国上海市闵行区七宝镇620街坊5/3丘）之唯一拥有人。该物业为五层高商业发展物业连同三层地库，共同组成零售面积约148，852.84平方米，提供购物、休闲、观光、餐饮、娱乐及文化体验，及设有1，471个泊车位的停车场。
按经调整资产净值调整后之代价为相等于人民币64亿元（即议定物业价值）之50%。 于估值日期，根据独立物业估值师之估值报告，该物业之物业估值为人民币65.8亿元。
框架协议载有成交条件。 收购事项之成交须待有关成交条件获达成或（倘适用）豁免后方可作实，其可能会或不会进行。 基金单位持有人及领展之潜在投资者于买卖基金单位时务请审慎行事。于落实成交时，又或倘由于成交条件未获达成以致成交并未进行时，管理人将会作出进一步公告。 管理人亦将会宣布买方或卖方作出之任何调整付款。
2月23日下午，港资房企嘉里建设（00683.HK）与合作方以60.14亿元的价格，竞得上海浦东新区浦兴社区一幅综合用地。
公开资料显示，该地块紧邻轨道交通6号线、12号线巨峰路站，土地面积约6.6万平方米，起始平均楼面价约2.37万元/平方米，住宅部分起始楼面价约4.4万元/平方米。
进入现场竞价环节后，经过 12轮竞价，卓赏有限公司、Brilliant Return Limited、RECO IROKO PRIVATE LIMITED联合体竞得这一地块，楼面价约2.38万元/平方米，溢价率0.2%。
卓赏有限公司由嘉里建设下属投资控股公司卓澄有限公司控制，与嘉里联手的合作方或为GIC（新加坡政府投资公司）。
嘉里建设公告称，其于二零二一年二月二日，卓赏与RECO订立框架协议，据此，订约方同意组成财团，并于竞买成功后成立项目公司，以购买、持有及发展项目地块。 于二零二一年二月二十三日，财团接获上海局方的成交确认书，确认已成功竞买，并且将项目地块之土地使用权授予财团。 因此，卓赏及RECO将订立股东协议以成立项目公司，其中40%及60%股本权益将分别由卓赏及RECO拥有。
项目公司将与上海局方订立土地出让合同。 竞买订金1，435，500，000港元已于提交竞买时支付以符合订金要求，而代价余额将根据土地出让合同予以支付。 订约方将按照各自于项目公司之股权比例，向项目公司提供总额不超过承担金额之股东资金用以支付代价及有关税项。
预计项目公司亦会考虑从金融机构及/或银行取得所需资金及/或融资，以用作该项目之营运资金需求。 项目地块指定作住宅、办公室及商业用途，总占地面积约为66，059.5平方米。 项目地块之住宅、办公室及商业用地土地使用权年期分别为70年、50年及40年。 住宅部分将用作出售，而商业及办公室部分将保留作为由项目公司管理及营运之物业。
[ CICT = CMT + CCT ]
Merged entity (CICT) will be the largest S-REIT and one of the largest REITs in Asia Pacific with an asset base of S$22.4 billion
Singapore, 29 September 2020 – Unitholders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) have voted resoundingly in favour of the proposed Merger of CMT and CCT to create a diversified commercial real estate investment trust (REIT), to be named “CapitaLand Integrated Commercial Trust” (CICT) following completion of the transaction. More than 3,000 unitholders voted by proxy at CMT’s Extraordinary General Meeting (EGM) and CCT’s EGM and Trust Scheme Meeting held via electronic means today.
All five resolutions at the three meetings were duly passed and well supported. At CMT’s EGM, approximately 98.89% of the total number of votes were in favour of the proposed Merger by way of the Trust Scheme; while approximately 98.88% of the total number of votes were in favour of the issuance of new CMT units as part of the Scheme Consideration for the Merger. Pyramex Investments Pte Ltd, Albert Complex Pte Ltd, Premier Healthcare Services International Pte Ltd, CapitaLand Mall Trust Management Limited and their associates abstained from voting on these resolutions. For purposes of good corporate governance, Mr Jason Leow, who is concurrently the President, CapitaLand Singapore & International of CapitaLand Group, and Mr Jonathan Yap, who is concurrently the President, CapitaLand Financial of CapitaLand Group and a director of CapitaLand Commercial Trust Management Limited, also abstained from voting on these resolutions.
At CCT’s Trust Scheme Meeting, the resolution on the Merger by way of the Trust Scheme received approximately 90.31% approval by headcount representing approximately 98.23% in value of the total number of CCT Units held by CCT Unitholders who voted. The CCT Manager, the CMT Manager’s concert parties, as well as the common substantial unitholders of CMT and CCT, abstained from voting on the Trust Scheme Resolution at CCT’s Trust Scheme Meeting.
The resolution on the CMT Trust Deed Amendments at CMT’s EGM and the resolution on the CCT Trust Deed Amendments at CCT’s EGM were approved with approximately 99.75% and approximately 96.04% of the total number of votes respectively.
Mr Tony Tan, CEO of CMT Manager, said: “We are heartened and humbled by the resounding support given by CMT Unitholders for the Merger. To receive a strong mandate amidst the uncertainties of COVID-19 to deliver the transformative merger is an honour and a responsibility we do not take lightly. Underpinned by leadership and resilience, the Merged Entity will be in a stronger position to seize the opportunities across retail, office and integrated developments in our focus market of Singapore. We remain firmly committed to delivering sustainable distributions and long-term returns for our unitholders, something we have been doing in CMT and will continue to do in CICT. We thank CMT Unitholders for your trust and support as we embark on this new journey as CICT.”
Mr Kevin Chee, CEO of CCT Manager, said: “We are encouraged by the decisive vote that CCT Unitholders have given for the Merger. The unwavering confidence and trust that CCT Unitholders have placed with us over the years and for this Merger is received with humility and gravity, and we are truly grateful. The Merger is an important milestone in our journey through evolving market trends and a changing real estate landscape to deliver sustainable returns to CCT Unitholders. The Merger with CapitaLand Mall Trust to form CapitaLand Integrated Commercial Trust will put us at the forefront to seize opportunities, create value and weather uncertainties and challenges. We remain resolute in our commitment to CCT Unitholders to deliver long-term sustainable returns through the new Merged Entity.”
CICT is expected to be one of the largest REITs in Asia Pacific and the largest REIT in Singapore by market capitalisation (S$12.7 billion) and total portfolio property value
(S$22.4 billion). It is also expected to be the largest proxy for Singapore commercial real estate with a diversified portfolio of 24 strategically-located and high-quality retail, office and integrated developments in Singapore and overseas.
Under the Trust Scheme, CMT will be acquiring all the units in CCT held by CCT Unitholders in exchange for a combination of new units in CMT and cash. The consideration for each CCT Unit under the Trust Scheme (Scheme Consideration) comprises 0.720 new CMT Units (Consideration Units) and S$0.2590 in cash (Cash Consideration).
Subject to obtaining the necessary approvals, the Merger is expected to become effective on Wednesday, 21 October 2020. CCT’s last day of trading is expected to be Friday, 16 October 2020.
(Singapore, 6 May 2020)
Perennial Real Estate Holdings Limited (“Perennial”) has through Perennial Shenton Investors Pte. Ltd. (“PSIPL”), a Perennial-led entity comprising a consortium of investors, entered into a share purchase agreement (“SPA”) with a subsidiary (“Alibaba Singapore”) of Alibaba Group Holding Limited(“Alibaba”), a company listed on the New York Stock Exchange and the Hong Kong Exchanges and Clearing Limited, for the sale of a 50% stake (the“Sale Shares”) in Perennial Shenton Holding Pte. Ltd. (“PSHPL”) and the transfer of 50% of the shareholders’ loan outstanding (the “Loan”) to Alibaba Singapore based on an agreed property price of S$1.68 billion (the “Agreed Property Price”) (the “Sale”).
PSHPL indirectly owns AXA Tower, a 50-storey landmark Grade ‘A’ office development with a retail podium sited within Singapore’s Central Business District (“AXA Tower”). Perennial currently indirectly owns an effective 31.2% stake in AXA Tower.
Concurrently, Perennial has together with the same consortium of investors formed a new entity, PRE 13 Pte. Ltd. (“Perennial Newco”), and through PSIPL, transferred the remaining 50% equity stake (the “Balance Shares”) in PSHPL and 50% of the Loan Outstanding (the“Share Transfer”) to Perennial Newco. Perennial will indirectly own a 20% stake in Perennial Newco and an effective 10% stake in AXA Tower.
Upon completion of the Sale and the Share Transfer (together, the “Transaction”), which is expected to take place around June 2020, subject to the conditions precedent being satisfied, Perennial Newco and Alibaba Singapore will enter into a joint venture agreement for the redevelopment of AXA Tower.
Perennial’s share of the net proceeds following the Transaction is expected to be approximately S$196.4millionand its share of the divestment gain is approximately S$45million. The balance proceeds, after Perennial’s reinvestment into Perennial Newco, is expected to be approximately S$137.6 million.
AXA Tower currently has an existing gross floor area (“GFA”) of approximately 1.05 million square feet (“sq ft”). Based on Urban Redevelopment Authority’s Master Plan 2019, AXA Tower has already secured an approved uplift in its gross plot ratio which would increase the development’s existing GFA from approximately 1.05 million sq ft to approximately 1.24 million sq ft. Approval has also been obtained to further increase AXA Tower’s GFA to 1.55 million sq ft should it integrate hotel and residential usage under the CBD Incentive Scheme.
Mr Pua Seck Guan, Chief Executive Officer of Perennial, said, “The divestment of AXA Tower aligns with our capital recycling strategy to deliver a divestment gain, while retaining our involvement to create value via the redevelopment of the prime property which is strategically sited within the Greater Southern Waterfront with breathtaking sea views. Alibaba is already an anchor tenant at AXA Tower, and we are pleased to have their support in creating an iconic landmark in Singapore’s CBD.”
Brief Details on the Transaction
The consideration for the Sale Shares is based on the net asset value (“NAV”) of PSHPL as at closing, calculated based on the Agreed Property Price, and subject to certain adjustments for the NAV of PSHPL as at closing. The consideration for the Sale Shares was determined after arm’s length negotiations between PSIPL and Alibaba Singapore, taking into consideration the current market value of AXA Tower. The consideration for the Loan will be 50% of the principal outstanding under the Loan as at closing.
Within the prescribed period after the execution of the SPA, a deposit of S$16 million will be paid into an escrow account which will be retained by PSIPL on closing. The balance consideration for the Sale Shares and the Loan will be paid in cash, once such computation has been derived based on the agreed terms in the SPA. The completion of the Sale is subject to the satisfaction or waiver of the condition that Perennial Shenton Property Pte. Ltd. secure financing for a principalamount of not less than 65% of the Agreed Property Price and other customary conditions precedent.
The consideration for the Balance Shares is based on the NAV of PSHPL as at closing, calculated based on the Agreed Property Price, and subject to certain adjustments for the NAV of PSHPL as at closing. The consideration for the Balance Shares was determined after arm’s length negotiations between PSIPL and Perennial Newco taking into consideration the Agreed Property Price. The consideration for the Loan will be 50% of the principal outstanding under the Loan as at closing.
The proceeds received by PSIPL from the Sale and the Balance Shares will be upstreamedproportionately to Perennial and the consortium members in accordance with their shareholding in PSIPL. Perennial will then utilise a portion of such proceeds to reinvest in the Perennial Newco.
June. 11, Singapore
CapitaLand Retail China Trust Management Limited (CRCTML), the manager of CapitaLand Retail China Trust (CRCT), today announced that CRCT has entered into an agreement with a subsidiary and associated companies of CapitaLand Limited to acquire 100% interests in three companies that hold three malls in China –CapitaMall Xuefu and CapitaMall Aidemengdun in Harbin and CapitaMall Yuhuating in Changsha. The accretive acquisition will diversify CRCT’s footprint in China from eight cities to 10 and enable it to gain exposure to two rising provincial capital cities with strong economic fundamentals and long-term growth potential, namely Harbin in Heilongjiang Province, north China and Changsha in Hunan Province, central China.
The acquisition of the three companies is based on an agreed value of RMB2,960 million (about S$589.2 million) for the three malls held by the companies. CRCT’s total acquisition outlay is estimated at S$505.4 million, subject to post-completion adjustments. CRCT intends to finance the proposed acquisition via a combination of debt and equity with an objective to achieve accretion. The financing plan details will be decided at a later date. The transaction, which is conditional upon CRCT unitholders’ approval at an extraordinary general meeting, is expected to be completed in 3Q 2019.
With a total gross floor area (GFA) of 248,282 square metres (sq m), the three multitenanted malls with established anchor tenants and specialty retail mix will expand CRCT’s portfolio GFA by 30.7% and boost the number of leases in its portfolio by 52% – thereby enhancing CRCT’s portfolio diversification and creating new synergies among its multitenanted malls. At 99.0%, the occupancy of the three malls is well above the market average, reflecting their popularity with retailers and entrenched market leadership.
2019年2月12日，苏宁易购董事长张近东在新春团拜会上宣布，苏宁易购正式收购万达百货有限公司下属全部37家百货门店，构建线上线下到店到手全场景的百货零售业态，为用户提供更丰富的数字化、场景化购物体验。
这是苏宁2019全场景零售布局的重要落子。苏宁一直致力于构建全场景智慧零售生态系统，实现从线上到线下，从城市到乡镇的全覆盖，为用户搭起随时可见、随时可触的智慧零售场景，满足在任何时间、任何地点、任何服务的需求。而此次收购万达百货，毫无疑问在快速锁定优质线下场景资源的同时，进一步推进商品供应链变革，更能够为上市公司带来收益增厚。公开资料显示，万达百货在全国的37家门店大都位于一、二线城市的CBD或市中心区域，会员数量超400万人。近两年，万达百货销售规模稳中有升，净利润水平持续提升。
苏宁的收购，将为万达百货注入全新的数字化变革。这家互联网巨头拥有强大的大数据、人工智能等技术手段，将会通过对百货行业的整体数字化改造，进一步提升服务体验。诚如苏宁易购董事长张近东说过的那样，“实体零售业的繁荣，绝不能再靠传统模式，需要运用互联网技术提升效率与体验，让用户感受到品质与快乐！”
对苏宁来说，此次收购万达百货，更是其全场景零售能力全面输出的最新案例。苏宁将通过输出智慧零售CPU能力，突破传统百货概念，从数字化和体验两方面改造供应链，打造全新的百货核心竞争力，补强百货这一重要拼图，进一步完善全场景、全品类布局。
同时，此次收购，也是苏宁业态融合创新的全新探索。过去数年，苏宁不断创新业态场景，打造全场景的零售生活方式体验，创新性的推出了“苏宁极物”、“苏鲜生”、“苏宁小店”、“苏宁零售云”等丰富业态，品类从家电、3C逐步拓展至超市快消、母婴、家居等领域。苏宁原有的丰富业态，以及背后强大的八大产业资源，都可以与百货进行模块化对接，交互创新，创造出更多更创新的前沿业态，为用户提供全方位的服务体验。