BBMG Corporation is one of the largest building materials manufacturers in the PRC, and a large-scale property investment and management company and leading developer in Beijing. BBMG was listed in the Hong Kong Stock Exchange in July 2009.
Appointed as an independent property valuer, we participated in BBMG’s corporate restructuring leading to its IPO in Hong Kong. Savills was required to provide advice on BBMG's property assets during the restructuring process, and to provide independent valuation of all properties held and leased by the client, within a listing timetable of six months.
We deployed our valuation team to complete inspections and field-work of the client's vast portfolio comprising over 900 buildings and properties with a total area of over 1.9 million sq m, and 66 land parcels with a site area of over 3.5 million sq m across China. We advised on the portfolio’s market value, provided a full set of valuation reports and documents for listing purposes, and addressed our client's questions relating to property issues raised by the regulatory bodies and the Stock Exchange – all within the required time schedule.
How we added value
BBMG Corporation was successfully listed on the Hong Kong Stock Exchange in July 2009 raising total funds of HK$6 billion.
Valuation and Professional Services
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