The spring of industrial real estate is coming: Guangdong industrial land has the same right to rent and sell!

On September 1 day, the Guiding Opinions on Improving the Supply System of Industrial Land and Promoting the Supply-side Structural Reform (Trial) issued by the Guangdong Provincial Department of Land and Resources was officially implemented for a period of three years. This opinion reduced the service life of industrial land to 20 years, and took the lead in trying out the "lease-purchase and equal rights" for industrial land.

Prior to this, on August 24, the Guangdong Provincial Government issued "Several Policies and Measures to Reduce the Costs of Manufacturing Enterprises and Support the Development of the Real Economy in Guangdong Province", which was called "Ten Articles of the Real Economy". It stipulates that "the industrial property rights of manufacturing enterprises are allowed to be divided according to fixed units such as buildings and floors for introducing industrial projects of relevant industrial chain partners"; High-standard factories can be divided, registered and transferred according to fixed boundaries such as buildings and floors.

The opinion clearly stated that "for industrial land leased through public transactions, land users can handle relevant planning, construction application, land registration and other procedures with the land lease contract and payment voucher signed with the competent department of land and resources. During the lease period, the above-ground buildings, structures and their ancillary facilities can be subletted and mortgaged. "

In other words, corporate clients who lease industrial real estate also have the right to lease property rights and dispose of property, which is undoubtedly a historic and major reform, and is of great significance to the choice of financing and asset disposal for enterprises entering the park and the innovation and improvement of the service and operation system of the park.

The "Opinions" also pointed out that "industrial projects that supply land by means of transfer or lease shall, in principle, not exceed 20 years; It is used for national and provincial major industrial projects and strategic emerging industrial projects. It must be approved by the people's government at the prefecture level and sold within the approved transfer period, with a maximum of 50 years. "

These two new land use policies have their profound logic. Yang Lin 'an, deputy director of the Guangdong Provincial Department of Land and Resources, said that the average life expectancy of enterprises in China is only 3.7 years, of which the average life expectancy of small and medium-sized enterprises is only 2.5 years, and the average life expectancy of group enterprises is only 7-8 years. Setting the transfer period of industrial land to enterprises as 50 years not only increases the initial land cost of enterprises, but also promotes the "light assets" operation of enterprises and reduces the land use efficiency.

For those who use the land by renting it first and then letting it, a "2+3+N" land transfer contract shall be established, which clearly stipulates the two-year infrastructure lease period, three-year production lease period and n-year transfer period. In principle, the total service life shall not exceed 20 years, and each service period must pass the acceptance evaluation before entering the next service period.

This is to solve the worries of enterprises leasing industrial land: reduce the initial cost of enterprise land, promote the operation of "light assets" and effectively improve the efficiency of land use.

The land price at the time of renewal can refer to the price agreed in the original transfer (lease) contract, combined with the benchmark land price of industrial land in the area where the land is located at the time of renewal, and determined through comprehensive evaluation, but it shall not be lower than the lowest price standard of industrial land corresponding to the area where the land is located at the time of renewal. In line with the province's priority to develop industries and land intensive, it can be implemented at not less than 70% of the lowest price standard for industrial land corresponding to its land.

In order to support manufacturing enterprises to open up the upstream and downstream of the industrial chain, this policy of Guangdong Province specifically stipulates that "the industrial property rights of manufacturing enterprises are allowed to be divided according to fixed units such as buildings and floors for introducing industrial projects of relevant industrial chain partners", which directly breaks the problem that industrial property rights are difficult to transfer in the past, and allows manufacturing enterprises to transfer their original industrial properties to upstream and downstream partners of the industrial chain according to their own development needs, forming a "forest" of industrial ecological clusters, which will also give birth to another kind.

At the same time, the opinion also pointed out the policy of "on the premise of conforming to the plan and not changing the use, if the underground space is rebuilt, expanded and used to improve the floor area ratio and building density, the land price difference will not be levied", so as to promote the market players to actively improve the floor area ratio and building density of industrial and storage land.

This is the first time that Guangdong Province has put the storage land into the category of not collecting land price difference after revitalization, and the future development of storage land can be expected.

This new policy puts forward that "high-standard factories can be divided, registered and transferred according to fixed boundaries such as buildings and floors", and the large-scale sales of standard factories will become profitable! At the same time, this new policy sets the "floor" as the smallest division unit, that is, it is not allowed to divide according to "suite" and "room", so as to raise the threshold for speculating industrial real estate and prevent Guangdong's industrial competitiveness from being damaged by rising factory prices.

However, at the same time, we should be soberly aware that the original business model of supporting rent by selling industrial real estate is also facing challenges and adjustments. With the rise of industrial land lease and the promotion of "lease and purchase with the same right", the service life of land is greatly shortened, and the entry threshold of industrial real estate will be greatly reduced, but the difficulty of profit will be greatly increased. Some brand-new models will subvert the original pattern, and major reshuffle and changes are inevitable.

As far as the dimension of industrial real estate is concerned, although some provisions of the New Deal will bring a lot of shocks and challenges in the short and medium term, in the long run, it is completely conducive to the efficient allocation of resources and sustainable development of the industrial real estate industry in the Pearl River Delta.