Wah European Shopping Mall Exits Storm, Both Sides Insist On Each Other, Wahaha Reiterates Cross-Border Operation

< p > Wahaha disputes with property parties are being fermented.

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< p > recently, Wahaha's first commercial real estate project in Qianjiang New Town, Hangzhou, Hangzhou, wa a href= "http://www.91se91.com/news/index_c.asp" > shopping mall < /a > was sold by the property side Zhejiang Zhejiang Europe Real Estate Co., Ltd. (hereinafter referred to as Zhejiang Europe real estate). The rent has been defaulted for half a year to 10 million yuan, and it has been difficult to continue to operate because of continuous losses.

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"P" Wahaha commercial Limited by Share Ltd issued a public statement yesterday. In the statement dated June 9th, Wahaha said that its termination with Zhejiang Europe was mainly due to its failure to fulfill its contractual obligations, but Wahaha's argument was once again refuted by Zou European real estate.

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< p > < strong > Wahaha: breach of contract / < /strong > /p >

< p > according to the information from the previous "daily economic news" reporter from Hangzhou's Europe shopping mall property side, Zhejiang and Europe, it signed a 16 year lease agreement with Wahaha. Now Wahaha has already defaulted half a year's rent, a total of about 10000000 yuan.

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< p > it is learnt that in May, Wahaha had unilaterally proposed the lifting of the lease agreement.

According to Zhejiang Europe's home ownership, if waits are officially terminated, Wahaha needs to pay a penalty fee of about 18 million yuan.

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< p > it is understood that in the first place for the introduction of Wahaha, Zhejiang European real estate offered a rent lower than the market price. However, since the opening of the business for a year and a half, the European and European shopping malls have passed on to the outside world mostly dismal and sustained losses.

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Less than P, Wahaha seems to be unacceptable about the EU's home ownership.

In the public response issued by < a href= "http://www.91se91.com/news/index_c.asp" > Wahaha < /a >, it said that the termination of the agreement with Zhejiang Europe was mainly due to the failure of the other party to fulfill the relevant obligations of the contract.

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< p > according to Wahaha's theory, it began to enter the commercial field in 2012. In July of that year, it signed a lease contract with Zhejiang European real estate, leasing the company's property in Jamo building, Qianjiang New Town, Hangzhou, for the opening of "Europe shopping mall".

"Because the opening time is relatively tight, and Zhejiang European real estate is in financial crisis, it requires our company to pay 70 million yuan rental margin, in order to provide financing."

Wahaha pointed out that the rent standard offered by Zhejiang European real estate is not low, and there is no rumor of "70% below the market price".

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< p > according to it, Jamo has not fulfilled many substantive provisions in the lease contract after the above building was leased.

For example, the contract stipulates that Zhejiang European housing needs to provide relevant certificates of fire and other acceptance certificates when delivering the leased property.

Due to the limitation of property pattern, the use of some properties is still limited by fire problems, for example, the ground floor can only be used for furniture sale.

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< p > Wahaha pointed out that Zhejiang European real estate has not yet fulfilled its contractual commitment to deliver 300 parking spaces, which has affected the normal operation of the shopping mall in Europe.

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According to Wahaha, P has repeatedly requested rectification, and has written to Zhejiang Europe to consider reconsideration of the relevant provisions of the original contract, but failed.

Based on the above factors, it had to write a letter to Zhejiang European real estate, and put forward proposals for the two sides to discuss the issue of cancellation.

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< p > < strong > Zhejiang Europe home and Wahaha stick to each other / < /strong > /p >

Less than P, Zhejiang Europe's home purchase does not accept Wahaha statement.

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< p > Zhejiang European real estate official told the "daily economic news" reporter, the other side mentioned that there is no evidence to borrow money from the lease guarantee, and there is no such claim in the contract.

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< p > the person in charge rebutted Wahaha's statement in the statement.

According to it, the rental fee charged by Wahaha in the first 8 years is far below the general level of the market.

"8 years on average, less than 2 yuan, now we have to rent 3 yuan more than one square meter. Next year, subway line 4 will be opened to traffic. The rent is already very low."

He said that although the rent would increase over the next 8 years, the actual rate would be modest.

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< p > for Wahaha's argument on the ground floor fire, the person in charge also pointed out his special reasons.

Previously, the evacuation passageway at the ground floor was connected with the subway, but the subway was not opened at present, so the wall was not opened.

It means that the area involved is very small.

"The first floor we rent to him is only 9000 square meters, only 6000 square meters, they can completely avoid this area."

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< p > as for parking spaces, Zhejiang European home buyers denied that parking spaces were reserved, but Wahaha did not pay for the total parking fee of 2 million 800 thousand yuan for two years because of lack of customers.

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< p > the reporter noticed at the shopping mall that there are two floors in the shopping mall, except for B1, which is a furniture exhibition. B2 and B3 are tagged as Wahaha parking spaces.

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"P >" Zhejiang Europe home "once again said that it does not rule out the legal solution to this problem, but Wahaha does not want to do so.

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< p > "I hope the two sides can solve their problems as much as possible by negotiation, and refund the deposit of Wahaha as soon as possible, and solve the problem that is not necessarily the maximization of the interests of both sides through legal channels."

Wahaha pointed out.

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< p > < strong > Wahaha intends to continue to operate commercial real estate / < /strong > /p >

< p > entangled in the issue of Wahaha and Zhejiang European real estate, or a game between the two sides.

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< p > Senior retail expert Ding Haozhou told reporters that although Zhejiang European real estate gave Wahaha lower rent, but as a new district's property, the price of less than 2 yuan per square meter per day is not very low actually.

Wahaha, for its own reasons, is not pretty.

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< p > in the view of Ding Hao Zhou, Wahaha proposed the termination of the contract is based on two considerations, one of which is really want to evacuate.

However, Ding Haozhou said that the biggest problem of this approach is that the deposit can not be collected, and the way to terminate the contract ahead of time may face some penalties.

"Another possibility is Wahaha or want to reduce rent in this way."

Ding Haozhou said that whether it was exit or litigation, it would be bad for both sides, and once the lawsuit was prolonged, the property of Zhejiang Europe property would be more difficult to rent.

"Although the adjustment of rent is not mentioned in the lease contract according to the law, the owner will consider it in a particular case."

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< p > > a href= "http://www.91se91.com/news/index_c.asp" > Wahaha < /a > it is not known why the withdrawal is for what reason, but in the view of the industry, it is not a good choice to continue to operate the Hangzhou Europe mall.

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< p > in the eyes of analysts, Wahaha has done too much crossover in commercial real estate itself, and lacks professional talents. The possibility of success is too small.

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< p > but Wahaha's statement again emphasizes the determination of its cross-border commercial real estate.

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< p > "it is undeniable that since Wahaha entered the commercial field, it has indeed made some detours, and in some respects it has not progressed smoothly. Wahaha is also actively learning and adjusting."

Wahaha said its commercial projects in Yichang, Tianjin, Nanchang and other places are being promoted to varying degrees, while Hangzhou's shopping mall projects are also trying to pform, "Wahaha will continue to go firmly in this field".

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