Hengda Group won two plots in Beijing within eight days and spent a total of 3.99 billion yuan.
On April 23, Evergrande spent 1.85 billion yuan to acquire a residential land in Liangxiang Town, Fangshan District, Beijing. Township FS04-0100-6056 and other plots R2 second-class residential land, B11 retail commercial land, the land area is about 56727.74 square meters, the construction control scale is about 133882 square meters, the starting price of land transfer is 1.39 billion yuan. The premium rate of Evergrande’s land parcel was 33.09%, and the comprehensive floor price was 10,560 yuan per square meter.
According to the content of the land transfer document, the parcel is the land for competitive housing. The average price of housing sales does not exceed 35,344 yuan / square meter, and the maximum unit price of sales cannot exceed 38,878 yuan / square meter, and the residential floor area ratio is 2.0 and 2.5.
It is worth mentioning that this is Evergrande ’s bid for land in Beijing again after acquiring land in Beijing ’s Miyun Economic Development Zone on April 16.
On April 16, Evergrande Group won the A1 plot of the third phase of Miyun Economic Development Zone for 2.14 billion yuan, with a premium rate of 15.68% and a floor price of 11093 yuan / Square meters.
The data shows that the name of the plot is A2, MY00-0302-6010, Miyun Economic Development Zone, Phase III, Miyun District, Beijing. Land for education. The land is located in the 0302 block of Miyun New City, Beijing, with a construction land area of 1.216 million square meters and a planned construction area of ≤192922 square meters. The land type is R2 type II residential land and A33 basic education land. The starting price is 1.85 billion yuan. The current land There are no new houses for sale around.
Since Miyun District is a non-hotspot area, there are not many companies signing up for the auction. On the same day, there were only Evergrande, First Opening + Living Manager + Lujin Consortium The home gets the main body to offer the card quote.
According to the land transfer document, this transfer land in Miyun District has set a reasonable upper limit price for the land. When the bidding price reaches the reasonable upper limit price for the land, no more changes will be accepted. The high quotation is transferred to the on-site bidding procedure for reporting the area ratio of the self-owned commercial housing of the enterprise. At the same time, the transfer parcel has a preset ratio of the area of the enterprise ’s self-owned commercial housing.High standard commercial housing construction program submission procedures.
In 2013, Evergrande took land for the first time in Beijing.
In July 2013, Evergrande included the Changping Shahe plot in Beijing with a total price of 3.56 billion yuan. As of the end of 2013, Evergrande had harvested a total of three plots in the Beijing market, with a total investment of 12.7 billion yuan.
In 2014, Evergrande won the Beijing Guangying self-contained housing project and the Daxing Huangcun plot; in 2015, Evergrande sold 1.57 billion yuan after 43 auctions. The land was acquired by means of self-contained housing for all living areas of Yuanhe. The average selling price of self-contained homes was 17,500 yuan per square meter, and the premium rate reached 41.4%. But since then, Evergrande has no land on the open market in Beijing. In 2016, Evergrande acquired the Evergrande Palace project located in the central villa area of Shunyi District through acquisition.
At China Evergrande (03333.HK) ’s 2019 performance meeting, Evergrande proposed the development strategy of“ high growth, scale control, and debt reduction ”.
Specifically, high growth means making full use of the huge advantages of Evergrande ’s land reserves and online house sales to achieve rapid sales growth; scale control refers to controlling the scale of land reserves, Achieve negative growth in land reserves. From 2020 to 2022, the total land reserve plan will be reduced by an average of about 30 million square meters per year. Debt reduction means ensuring that the total debt and the debt ratio will be greatly reduced. The goal is to strive for 2020 to 2022. Reduce by 150 billion yuan.
According to the plan of Xu Jiayin, the chairman of the board of directors of Evergrande Group, in the next three years, it is hoped that the land reserve will be reduced by 30 million square meters every year, and the total land reserve will be controlled at about 200 million square meters The annual increase of land reserves is about 40 million square meters, and the reduction of land reserves can reduce debts.
Xia Haijun, vice chairman and president of Evergrande ’s board of directors, made a calculation at the performance meeting. “In terms of land reserves, if we reduce the land reserves by more than 20 million square meters, the company may be able to have a cash balance of about 200 billion yuan in scale growth and control of the land reserves every year. We plan to reduce interest-bearing liabilities of 150 billion yuan every year. This year, we strive to reduce 200 billion yuan. Through such orderly control of scale, we will increase sales and reduce liabilities. This will allow us to reduce the company ’s total debt to less than 400 billion yuan and the debt ratio to a low level in the same industry in 2022. Level. “