Chengdu Project Rents Rose Substantially Beyond Expectations

Last week, there were only 2 trading days. During the Qingming Festival, the management released some favorable results such as QFII expansion. The first trading day (April 5th) market also responded positively, but it could also be seen that the volume of the index was not enlarged effectively until April 6th, but the market transaction was still rather slack. In strategy, prudent investors can still be concerned about the undervalued buying opportunities of big blue chips, while small and medium sized stocks with expected growth in 2012 are more likely to provide excess returns.

At this morning's meeting, Shenyin recommended Haining's Leather City (002344). Chengdu After the launch of the Haining leather city investment rules, the rent level of the project was significantly higher than the expected 100%. In fact, in November last year, this column was also concerned about the growth expectations brought about by the expansion of Haining's skin city and recommended it. At present, the price of the two tier market in Haining city has increased by more than 20% from the end of last year, while the technology side is still in the long run. Investors can still pay close attention to it.

In March 31st of this year, Haining Leather City announced the "Chengdu Haining leather city merchants detailed rules" on its official website. It is reported that the investment is still taking. Rent sale Combined mode, the total investment area is 160 thousand and 700 yuan, of which, the sale of 14 thousand and 700 yuan, rental 146 thousand. The tenancy period is three, from August 1, 2012 to May 31, 2015. The time of registration is from from April 9 to 13, 2012 to from April 27 to 29, 2012. Shenyin Wanguo learned that due to the large number of names of the forecast, Haining leather city took qualification examination to the rented merchants.

The rental level is the key point to observe the profitability of the project. It is understood that the rented tenants need to pay the rent and the rentals. Among them, the central rental fee is rentals, the first rent is 675 yuan / year, second yuan rent is 1200 yuan / year, third yuan is 1100 yuan / year, fourth yuan rent is 1100 yuan / year. The annual rent is 40 percent off. After that, the rent increase is not more than 25%. The rents fee is the right cost for the tenant to renew or sublet the rent. The first floor average rental fee is 1000 yuan /, and the average rental fee of second to the average level is RMB yuan. Shenyin Wanguo pointed out that the rent collection mode of "rent + tenancy fee" followed the four phase of the Haining Leather City headquarters. The rentals cost highlighted the resource value of Chengdu shops.

The above rent level is in fact surpassing the expectations of the previous industry. Shenyang Wanguo reckon that assuming that the Chengdu project is successfully inviting business and the lessee fee is divided into three years, the rent of the three shops of Chengdu Haining leather city is 52 yuan / month, 64 yuan / month, 85 yuan / month respectively, and the three installment of the lessee fee is 48 yuan / month respectively.

The average monthly rent of the announcement before Haining's leather city is 25 yuan / month, 58 yuan / month, 58 yuan / month respectively. If there is no accident, the proportion of the investment beyond the announcement is 300%, 93.1% and 129% respectively. At the same time, Shenyang Wanguo emphasized that the first phase rent of Haining Leather City Chengdu project was 50 yuan / month. market More than 100% is expected.

Shenyin Wanguo learned in the survey that although the specific investment has not yet begun, but judging from the hot degree of pre registration and the expected level of investment rentals given by Haining Leather City in the investment rules, it can be judged that Chengdu Haining leather city has been recognized by many Haining local ports, Chengdu local and other regional brand leather manufacturers, and the probability of successful project is very great.