Investment expertise to maximize the value of your property. Experts choose experts.
|
Location (City) |
Asset Type |
Transaction Date |
Size (Sqm) |
Value (USD) |
|
Shanghai |
Office and Retail | Q4 2021 | 18,596 | Confidential |
Buyer: Domestic Investor
Seller: Sanxiang Impression Co Ltd
Services provided: Brokerage
The Challenge
Colliers was appointed by the acquirer to procure Hongqiao Sanxiang Plaza in Shanghai’s Hongqiao Business District.
As the acquirer was looking to buy part of the area for hotels, part of the area for office, and retail as well as for self-use, Colliers had to provide detailed investment consulting services during the acquisition process.
The project was located in the heart of Shanghai Hongqiao business district, and was a new vacant building, surrounded by lots of competitive office buildings. Potential acquirers as well as occupiers had a variety of choices, which could bring rental risk to this project.
The Strategy
With in-depth understanding of what the acquirer was looking for, Colliers got down to being very familiar with Hongqiao Business District.
In a short period of time, Colliers identified suitable projects for the acquirer, eliminating the acquirer’s various concerns through the systematic research of the Hongqiao business district market and hotel market.
Colliers additionally provided assistance throughout the whole process – assisting the acquirer during inspection, business negotiations, and financing, which not only strengthened the confidence of acquirer, but also sped up the progress of the transaction.
The Solution
By providing quality investment consulting services, Colliers provided both the acquirer and the seller with information on the surrounding markets, property valuation and provided hotel/office usage strategies and solutions, while also assisting both parties in negotiation of a sale and purchase agreement, ultimately helping both parties to successfully close the deal.
The Result
Through the cooperation and collaboration of many departments, Colliers has provided a full range of services to the acquirer which led to the acquirer and seller having successfully signed an agreement.
Through this transaction, Colliers has further strengthened its leading position in the DBD market, as well as its long-term relationship with the acquirer.
Connect with our Capital Markets and Investment Services experts today to find out how we can accelerate the success of your real estate investment.
View more of our client success stories and expert thought leadership here.
