Li Jiacheng 5.8 billion pounds to control 30% of British electricity

A few days ago, China Zhongrong Group had intended to dump huge amounts of money to “recover the crystal palace” (Crystal Palace), causing the British media to be upset.

As the original site of the World Expo that glorifies the glory of Victoria's industrial age, the Crystal Palace was once the focus of world attention, and countless British people are proud of it. now,

The Chinese will come to "review the nightmare" for the British.

"The Chinese are coming!" This is a film title that the BBC has broadcast two years ago that reflects China's investment in Africa, South America and other places. Now, the Chinese are fully "attacking" England. According to incomplete statistics, since the beginning of this year, the Chinese have invested more than 8 billion pounds in investing in M&A projects in the United Kingdom. If you add some major projects last year, the amount is even more impressive. The scope of investment in mergers and acquisitions ranges from infrastructure to real estate, from retail to real companies, and the fields involved are so extensive that even the British media is sensationally using the title “China bought the United Kingdom” to carry Chinese capital into the UK. Reported.

It is also from the beginning of last year that Chinese companies have invested in Britain in the form of “blowouts.” A single large project worth more than a billion pounds is often heard. Careful statistics of the "entering" of Chinese companies in the United Kingdom are even more precious. Huawei adds 1.3 billion pounds to expand its UK operations, Geely 11.04 million pounds to buy the London logo black taxi, Guangming Group to 700 million pounds to buy Vitamax, real estate company headquarters to 1.2 billion pounds to buy the Royal Docks, Ping An of China 260 million pounds to become a labor The new owner of Heshe Building, Dalian Wanda spent 700 million pounds to build a five-star hotel in London, and Li Ka-shing became a big infrastructure company in the UK. Of course, Sovereign Fund CIC and Ginkgo biloba is also one of the absolute main forces for China to invest in the UK. David M. Slater, head of trade and investment at the London Development Promotion Agency, said in an interview: “In the past few years, about 130 Chinese companies have come to discuss cooperation in London, accounting for 60% of the number of Chinese companies coming to the UK to discuss cooperation. China's overseas direct investment in London ranks among the top countries every year.” Not long ago, the British government announced that the 2012 London Olympic Games will create an economic value of nearly 10 billion pounds a year, including 20% ​​from China’s investment, accounting for overseas The bulk of capital investment. Chinese investors have indeed become the "sweet potato" of the British economy. In the next three months, Prime Minister Cameron, fiscal Osborne, and Mayor of London Johnson will visit China.

Real estate investment suddenly rises
Despite the dismal economy in the UK, its capital London, as the financial center of Europe and even the whole world, has always attracted the eyes of global investors. In recent years, buyers from Asia, the Middle East, and North America have invested huge amounts of money in commercial properties such as office buildings, shops, and hotels in London. And China’s sovereign funds are also taking over British commercial real estate at the same time.

From the Bank of China in the heart of the City of London in 2010, the Bank of England established a new headquarters for the London branch of the Street Purchase Building. By 2012, CIC spent 250 million pounds to purchase the “Winchchester Tower” of Deutsche Bank’s UK headquarters. The Chinese sovereign fund The momentum of entering the real estate market in London has drawn attention.

Ginkgo Tree Investment Co., Ltd., registered by the State Administration of Foreign Exchange of China in London, purchased a 40% stake in the University Partnership Project Company (UPP), which mainly manages and administers UK university student apartments, for the summer of 550 million pounds. Into the people's attention.

It is understood that as early as the beginning of last year, Chinese capital investment in London commercial real estate has already begun. Savills Hassan, head of the Transnational Investment Department of Savills, told the reporter: “Ginkgo purchased the headquarters of the Blackrock Group in early 2012. They were not long ago investors. , signing up for a new office building called Ropemaker Place."

The reporter found two buildings over 20 floors in the heart of the City of London and learned that Ginkgo Investment Company completed the purchase of the Black Rock collective headquarters building in May 2012 for 285 million pounds, and the Ropemaker Place Building For joint investment, the sale price was as high as 470 million pounds, and Ginkgo Investment Company participated in the investment.

Due to the impact of the financial crisis in 2008, British commercial real estate has been severely declining in recent years, providing global investors with the possibility of “bottoming out”. In 2012, the market began to stabilize, especially London's commercial real estate gradually showing signs of recovery.