November 29, along with the emergence of the lowest temperature in Beijing since winter this year, shivering in the capital markets, music has been burst out as Le Mans the entire sale of the building news.According to chain real estate Chaoyang Park staff Revealed that Le Music Building, located in the vicinity of Yaojiayuan, East Fourth Ring Road, covers an area of 20,000 square meters and costs 1.4 billion yuan.
It is learned that LeTV as property ownership of music as the non-listed system, LeTV Holdings, currently mainly used for the business unit of the public company system.However, analysts believe that the sale of LeTV building or involving complex disputes as early as November 2016, LeTV Holdings used to offset the building and entrusted it with a loan of 1.4 billion yuan from the tripartite Trustee to finance loan financing for Le Car Ecological Co. The mortgage is still in effect.
On March 10, 2017, Shanghai Sunac Real Estate Development Co., Ltd. agreed to acquire LeTV Holding (Beijing) Co., Ltd. Held by Shanghai Long Investment Management Co., Ltd. 50% stake in Shanghai Hongqiao Commercial Area to obtain the north floor of Longsheng Plaza, the property on the ground, through the sale of the land, music as temporary access to hundreds of millions of dollars in funds.
According to the latest news from Economic Observatory, this time in addition to the LeTV Building, the acquisition of the Shimao project is also urgently needed for sale.Related informed sources, LeTV Building and Shimao three commercial projects are music as the controlling assets, but property rights He also mentioned that LeTV had previously engaged with Vanke on the Shimao III project and hoped for a sale of 4 billion for sale, but the two parties eventually failed to reach a deal because of discrepancies in prices. ' Sale of real estate projects in the normal way ', the source believes that now LeTV Building real estate agents commissioned by the assets of the sale of some defective,' is entirely in dealing with non-performing assets! '
At present, out of overseas Jiayue Ting has been classified as dishonesty, music as the total arrears of more than 20 billion yuan, while recently entered the music of Sun Hongbin has drastically started to clean up the internal music, integrate high-quality assets, divest non-performing assets, Staff swaps a lot, but with the IPO fraud incident exposure, Music Watch shares cut, suspension, or even face the delisting risk.Industry analysts believe that 'Sun Hongbin stake in music, should be considered a miserable .Levision system exposed problems, it is clear So that Sun Hongbin unexpected, even the so-called music system quality assets, if not Sun Hongbin took over, the market will not be bought.
Now, music can survive, depends on the 'miserable' Sun Hongbin will continue to 'throw money', otherwise waiting for the music in front of only the fate of bankruptcy liquidation.