Tencent acquires commercial financial services and R&D land in Haidian District, Beijing for 6.42 billion yuan

According to Guanguan.com, Tencent Technology (Beijing) Co., Ltd. successfully acquired A, B, and C and J plots include B4 comprehensive commercial and financial services land and B23 R&D design land. This transaction amount shows Tencent Technology’s strong strength and investment willingness in the fields of commercial financial services and R&D design.

The total area of ​​the land is 70,601.065 square meters, and the planned construction area does not exceed 285,523 square meters. The floor area ratio is 5/3.5, the height limit is 80 meters, and there are temporary planning requirements for three connections and one level.

The land purchased by Tencent Technology (Beijing) Co., Ltd. will be used for research and development, design land and commercial land. Among them, all the above-ground and underground construction scales of the R&D and design land must be self-sustained, and the self-sustaining period is the maximum land transfer period. For the commercial land part, a bus station of 7,000 square meters needs to be built free of charge.

Tencent responded that the transaction is mainly used to meet the company’s office space needs and provide employees with stable and centralized office space.

According to our understanding, this is not the first time Tencent has acquired land in Beijing. As early as 2019, Tencent had already acquired the land parcel at No. 10 Xibeiwang East Road, Haidian District, and built the Tencent Beijing headquarters building, which was put into use in 2019.

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