The New World Store Opens A Year And A Half And Developers Need To Cancel The Purchase Contract.

　 　 Xie Department stores say developers default

According to the announcement today, the real estate development Co., Ltd. (hereinafter referred to as "mark"), on the grounds of delay in payment of purchase by the department stores, called for the lifting of the commercial housing sales contract and the supplementary agreement signed with the company to purchase the commercial property in the A District and B District of the world trade center.

In this regard, the department stores said that after the two sides entered into force, the company has paid the total purchase price of 673 million yuan; the second phase of the purchase price of 76 million 762 thousand and 100 yuan because of failing to meet the payment terms and the existence of other breach of contract, the company did not pay.

　　 Xie The "breach of contract" by department stores is an indicator that fails to run the property certificate according to the contract. According to the department store, it is necessary for the standard company to run the property certificate for the company by May 2012. But so far, it has not yet been completed.

In addition, the department stores also said that according to the purchase contract, the car should be put into use in March 2012, but it was not until April 2014 that the parking lot was accepted and put into operation. Moreover, there are still some engineering and equipment facilities that have not yet reached the design standard after rectification.

Lawyer of the legal department of the department store, the lawyer, thinks that the two housing sales contracts and supplementary agreements are legal and effective. The listed companies have paid the purchase amount on schedule as agreed in the contract, and the purchase property has been delivered to use. There are no legal and factual basis for the bid to terminate the sale and purchase relationship.

　　 project It has invested more than 700 million yuan.

Despite the advice of lawyers, the Department of commerce still preferred the "negotiated solution". The company will continue to negotiate with the bid manager, and strive to resolve it through consultation, he said. If no agreement can be reached between the two parties, the company will bring a lawsuit to the court.

As a matter of fact, the World Trade Center Shopping Center project has been losing money since it was put into operation.

Statistics show that in December 2010, the department store bought a total of 6095.85 square meters of real estate in the west city square with a total construction area of 110 million yuan. Since then, the Department Store issued a fixed increase plan in February 2011. The company intends to issue shares of not more than 706 million yuan for the purchase of commercial real estate fees, decoration fees, equipment purchase fees, initial liquidity and unforeseen expenses. In March 30th of the same year, the company announced the purchase of 640 million square meters of real estate with a total construction area of 49 thousand and 900 square meters.

Reporters noted that the Department Store intends to pass the above investment to create a new world department store. According to the company's original forecast, the new store can officially achieve its business income of 800 million yuan (10 years average) and net profit of 69 million yuan.

However, due to the slow growth of the domestic consumer goods market, the new world store did not show strong profitability after its opening in late 2012. In 2013, the department store, a wholly owned subsidiary of the department store, operated 147 million of its new world business and a net profit loss of 11 million 151 thousand and 800 yuan. In the first half of this year, the company's operating income was 80 million 406 thousand yuan, and its net profit was 5 million 851 thousand and 400 yuan.