BCG HONG KONG FACTS AND ASSUMPTIONS
1.
GFA is
16,500 sqm assume 15,500 sqm GLA
2.
3.
41 office/residential car park spaces
4.
5.
6.
7.
8.
9.
10.
RFO 1.7.96 Rent savings to commence 1.10.96 in full.
36600 pa. or £3000 per annum per space.
127.55
Cost £2million includes fees and furniture.
@HK$
PTG Premium HK $1,000 p.a. to 30.6.97 rising to 3% of
rateable value wef 1.7.97 say £137,880 p.a. inches parking.)
Assume Rating Valuation based on 1993 rentals
Rental value alternative Class A offices in Admiralty District say HK $300 per sq m p.m. overall (payable monthly)
14,000 sq m @ HK $ 300 11.75 x 12 = £4,289,600 p.a.
Value of supply and installation of furniture Res/office.
Offere service charge in Option A includes estimated cost of building common services such as security.
as xcurity electrical and imiding engineers, maintenance and air-conditioning charges. Construction cost spread as MPG forecast.
1.
No allowance for contingencies in Option A
12.
ROE HK$ 11.75
=
£1.
13.
14.
Cost of Ingoings in rented alternative say £300 per sq m.inc.
Caffronmeters
7 x DS9 Flats @ £30,000 per unit ERV included in new build.
15.
TDR 6%.
Cannot be assessed at this stage but is
16. Liability to rates on buildings common to both options.
pcds3.630
No comments yet.
Private notes are available after approval.