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Wong Kwong Yu Big City Shoes City Listing For Sale

2010/9/8 15:55:00 215

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It is reported that in the vicinity of Kaiyang bridge near the South Ring Road in Fengtai District, Beijing, the construction area of the big Kang shoe city adjacent to Beijing South Railway Station is 150 thousand square meters.

Wong Kwong Yu

Legal representative.

Recently, there is news that the

Letao

For sale, but there is no offer.

According to one industry insider, the most commonly used valuation method for commercial real estate, which has been put into operation, is the average annual rental level *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.

The overall price calculated by another calculation method is up to 2 billion 500 million.

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

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 understood that

Dacom

Shoe city's current legal representative and chairman is Wong Kwong Yu.

In June 03, Wong Kwong Yu joined the other two shareholders to form a joint venture of Beijing DAC international shoe city limited. 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 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.

However, in April this year, two other shareholders sued for the dissolution of the big Kang shoe city limited on the grounds of "bad management of Wong Kwong Yu". Peng ran real 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.

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

A person in charge of Peng run estate said.

Wong Kwong Yu said that the funds raised by the big Kang shoe city were limited. The Wong Kwong Yu family has been selling Gome business for the last two years. The valuation of Gome is about 6 billion.

After entering the September, the business of Tai Kang shoe city merchants began to improve, but they did not know that shoe city had to be listed for sale.

"Seasonal factors have led to better business."

Mr. Zhang, director of Da Kang shoe city, said that the court's decision has come down. After the liquidation team has taken inventory of assets, the company will cancel it.