Agenda:
Registration & breakfast: 7.30-8.00am
Presentations: 8.00-9.30am
Q&A session: 9.30-10.00 am
Closure: 10.00 am
1.The Advantages and Disadvantages of Purchase versus Leasing
Capital and rental fluctuations Renewal of leases or use rights How to allow for future expansion Liquidity of assets and flexibility within leases Relocation issues Purchase and lease documentation
2. Land Use Rights and Title in China
Granted land Collective land Allocated land Strata title
3. Transactions
Buy the asset or buy the entity holding the asset?
Licensing requirements Environmental impact assessments Securing title of buildings, individual units or land
4. Financing options
Types of finance typically used and currently available
Registration of loans
James Shepherd, Chesterton Petty
Chesterton Petty is a leading provider of property-related services in Mainland China and Hong Kong, offering a complete range of professional property services to major corporations, investors, developers and government entities as well as independent advice to both owners and tenants of commercial and residential property.
Established in Hong Kong in 1972, Chesterton Petty now employs 250 staff and has wholly owned offices in Hong Kong, Beijing, Shanghai and Guangzhou. In Southeast Asia, the company is also represented in Singapore, Thailand and Vietnam. Chesterton Petty also has a global service capability provided through an alliance of international property groups. Our focus is to support the operational needs of multinational occupiers seamlessly throughout the world.
John Cole, Simmons & Simmons
Simmons & Simmons Shanghai office was founded in 1995 and is one of the largest licensed foreign law firms in China with over 30 staff including two resident partners, a consultant and over twelve other associate-level professionals. The office specialises in foreign direct investment, cross-border M&A and capital markets on behalf of leading corporates and banks. We also have a leading construction practice and frequently advise multinationals on property-related transactions in China.
Our Shanghai office is part of Simmons & Simmons integrated network of 20 offices around the globe. Our network has over 1,000 legal staff worldwide and a total headcount of over 1,900. The Global Counsel 3000 World Rankings 2004 ranked Simmons & Simmons in the top 10 firms worldwide for performance across all major practice areas based on the views of in-house counsel at over 5,000 companies across 80 jurisdictions. We also ranked 1st for client service in the Client Satisfaction Survey 2004 published by Legal Week in the UK.
PPlease enroll online (see bottom of this page) or complete the below reply form and return it by fax to the Chamber office at 021 6385 2381 before 12 noon on Monday August 29th.
REPLY FORM
The European Union Chamber of Commerce in China Breakfast Seminar
Commercial Real Estate in China at Radisson Hotel Shanghai New World (Wednesday, August 31), 7:30 am (Registration)
Please fax your response to the European Union Chamber of Commerce in China by Monday, August 29th 2005, noontime. Please note that we require 24 hours notice for cancellations. Only written confirmations and cancellations will be accepted. No-shows who fail to cancel before this time will be invoiced for the event. Persons without prior confirmation will only be allowed entrance if space permits. Fees will be collected at the entrance.
The following person(s) will attend:
Name of attendees (Please write in capital letters):
1)__________________________________ 2)_________________________________
3)__________________________________ 4)_________________________________
Company: ___________________________ Job title: ___________________________
Phone: ______________________________ Fax: _______________________________
Signature: ___________________________
Member of the European Chamber ________ Non Member of the European Chamber____