This article is from WeChat public account:歪道(ID:wddtalk), original title: “Who is Lose your helmet and get rid of the Grade A office building? “, title map from: Visual China

2009 is the starting point of Wangjing, and the starting point for Pan Shiyi and SOHO China to become a dream for ten years. Before this, Dawangjing villagers still rely on the “tile economy” to make a living. The compensation for demolition of several million to tens of millions of nights makes the villagers rich, and many villagers sweep the light before the house price rises. The house around. This year, Pan Shiyi got a piece of land in Wangjing for 4 billion yuan, and Wangjing SOHO digs up.

But at that time, Wangjing was obviously not the main event of SOHO China. In 2010, the sales of a Galaxy SOHO was as high as 14.6 billion yuan, but Pan Shiyi did not expect that after a few batches of entrepreneurs with dreams came after 2012. Wangjing, they started the wave of mobile Internet, and also raised the rental price of surrounding office buildings. Wangjing SOHO earned a lot of money.

In this period of time, Zhang Xin often mentioned that SOHO China should surpass Vanke in five years. However, ten years have passed, and SOHO China’s list of assets for sale has been written on Wangjing SOHO.

This year’s autumn in Wangjing is strong, and a chill is already on the head. With the sale of Wangjing SOHO, it is not only the old dream of Pan Shiyi’s real estate.


“Sell” CBD Office

In 2016, Hong Kong’s property market was in a good position. As of the end of July, the vacancy rate of Grade A office buildings in Central Hong Kong was only 1.5%, and the vacancy rate of Hong Kong’s overall Grade A office buildings was generally low at 4.2%.

At that time, no one had thought that Yokohama’s landmark building, which was about 20 years old at Queen’s Road Central in Hong Kong, would be easy to change. As soon as the news of Li Ka-shing’s sale was announced, it caused great shocks in the real estate industry. In November, Li Ka-shing’s Cheung Kong Group agreed to invest in China’s Hong Kong, Macau, Taiwan, and Taiwan’s Pacific Development, with a price of HK$40.2 billion ($5.2 billion) The company sold its stake in the Central Center, which set a record for Hong Kong office transactions.

Before this, Cheung Kong Real Estate has just sold Shanghai Pudong Century Hui Plaza for 20 billion yuan.

There are many people speculating on the purpose of Li Ka-shing’s move. In fact, this is a sign. In the 2016 interim report, Li Ka-shing said that The Group’s revenue mainly comes from the real estate business in Hong Kong and the Mainland, and the future will focus on the two-site and overseas real estate business.