Correction to earlier comment: the ningbo golden center actually consists of two leases: the 6-storey complex expires in 2045 same as bund center, the smaller annex expires in 2033 as shown in the ar2016 table.
As can see, the total assets valuation is 1999 million, the book value is 427 million and the market cap is 580 million.
Correction to earlier comment: the ningbo golden center actually consists of two leases: the 6-storey complex expires in 2045 same as bund center, the smaller annex expires in 2033 as shown in the ar2016 table.
As can see, the total assets valuation is 1999 million, the book value is 427 million and the market cap is 580 million.
https://www.edgeprop.sg/property-news/capi...
Another china mall being acquired, valuation per sqm is higher than ningbo golden center as it is newer and lettable area is about 3.5 times larger.
If they do that, people will start to believe and take notice of its revalued surplus of NAV amounting to close to $2. even if there is no deal.