据LINK REIT披露，其于6月4日订立买卖协议，以人民币32.047亿收购位于广州市天河区珠江新城中心内的太阳新天地购物中心。
新天地太阳购物中心位于天河区马场路36号，土地使用权于2039年7月11日到期。物业估值为33.50亿元。8层高商业发展物业连同4层停车场，供月90,113.41平方米总楼面零售面积（可租用零售总面积50,360.82平方米），停车场面积10,077.67平方米，800个停车位。
该项目当前拥有198份租约，出租率70.03%。将于2021年至2023年期间到期的零售租约占该物业零售面积的基本租金收入的68%。
领展(LINK REIT)宣布，根据日期为2021年2月24日之框架协议及目标股权转让协议书，领展（透过买方）已同意向卖方收购目标股权。 目标股权占目标公司股权之50%。
待落实成交后，领展将透过持有目标股权与持有剩余50%股权之其他股东成为目标公司之共同拥有人。
买方已与其他股东订立合营企业协议（将于成交日期生效），以规管买方与其他股东（作为目标公司之股东）之间的关系。
目标公司为该物业（称为七宝万科广场，位于中国上海市闵行区七宝镇620街坊5/3丘）之唯一拥有人。该物业为五层高商业发展物业连同三层地库，共同组成零售面积约148，852.84平方米，提供购物、休闲、观光、餐饮、娱乐及文化体验，及设有1，471个泊车位的停车场。
按经调整资产净值调整后之代价为相等于人民币64亿元（即议定物业价值）之50%。 于估值日期，根据独立物业估值师之估值报告，该物业之物业估值为人民币65.8亿元。
框架协议载有成交条件。 收购事项之成交须待有关成交条件获达成或（倘适用）豁免后方可作实，其可能会或不会进行。 基金单位持有人及领展之潜在投资者于买卖基金单位时务请审慎行事。于落实成交时，又或倘由于成交条件未获达成以致成交并未进行时，管理人将会作出进一步公告。 管理人亦将会宣布买方或卖方作出之任何调整付款。
Link REIT (“Link”; Hong Kong stock code: 823), Asia’s largest real estate investment trust, today announced that on 12 December 2018, Link entered into agreements with a consortium led by Gaw Capital Partners to dispose of 12 properties, following a competitive sale process, for a total consideration of HK$12.01 billion (please refer to the list of properties at the end of the press release).
The consideration, the highest offered for the properties, represents approximately a 32.1% premium to the appraised value of the portfolio as of 30 September 2018 and a net disposal gain of about HK$2,787.6 million.
George Hongchoy, Chief Executive Officer of Link Asset Management Limited, the manager of Link REIT, said, “Despite recent market volatility, the property sale attracted overwhelming interest from leading international investors, including global and regional private equity funds, as well as local investors. The competitive bids and final sale price, at better pricing than those achieved in the past disposals, underline global investor confidence in Hong Kong’s economy and its real estate sector while further demonstrating Link’s ability in managing and enhancing assets.
“We are confident that with Gaw Capital Partners’ expertise and experience in asset management, they will continue to create value for stakeholders by further enhancing the operations of the disposed properties,” added Mr Hongchoy.
Following the disposal of the 12 properties and the acquisition of Beijing Jingtong Roosevelt Plaza as announced earlier on 26 Nov 2018, Link will have about 90.1% of its assets in Hong Kong and 9.9% in mainland China. Total portfolio value will amount to about HK$204 billion.
Proceeds of the sale will be used for new investment opportunities in Hong Kong and first-tier cities in mainland China, in addition to general working capital purposes including debt repayment and, where appropriate, unit buy-backs. Completion of the disposals will take place on 13 March 2019.
Link is one of the world’s largest retail-focused REITs and a constituent stock of the Hang Seng Index. It has a portfolio of about 9 million sq. ft. of retail space, around 61,000 carpark spaces and a Grade-A commercial tower with approximately 0.9 million sq. ft. under development in Hong Kong as of today. In mainland China, its portfolio includes nearly 4 million sq. ft. of retail and office space housed in four properties in Beijing, Shanghai and Guangzhou.
Link Asset Management intends to communicate with tenants, nearby residents and other stakeholders to keep them informed on matters relating to the transfer of ownership of the 12 properties, and the purchaser’s assumption of the obligations set out in the Hong Kong Housing Authority covenants.
HSBC and Cushman & Wakefield were the advisors for both the portfolio review and the disposal exercise.
The 12 properties sold, pending completion of the transaction on 13 March, 2019, are as follows:
Ap Lei Chau Property
Chun Shek Property
Fortune Property
King Lam Property
Lei Tung Property
Ming Tak Property
Shan King Property
Siu Hei Property
Tai Ping Property
Wah Ming Property
Wah Sum Property
Wang Tau Hom Property