Desun Real Estate Unit Wins Landmark Chengdu Media Complex Project and Signs Major Lease

The latest announcement is out from Desun Real Estate Investment Services Group Co., Ltd. ( (HK:2270) ).

Desun Real Estate Investment Services Group’s wholly owned subsidiary Chengdu Desun has secured a 10‑year project to operate a landmark media complex in Chengdu, intended to become a hub for “digital media + fashion and arts.” The project spans office property entrusted operation, commercial leasing and comprehensive property services, positioning the group to deepen its presence in mixed‑use commercial real estate and enhance its role in the city’s creative and media sectors.

As part of this project, Chengdu Desun will enter into a nine‑year lease for commercial premises with Dongan Smart Media, with delivery of the space expected on 30 June 2027 and the lease running from 1 July 2027 to 30 June 2036. Under HKFRS 16 the lease will be recognized as a right‑of‑use asset, and because the asset’s size exceeds key thresholds, the deal is treated as a discloseable transaction under Hong Kong Listing Rules, signaling a material but not transformational expansion of the group’s asset base and future operating revenue streams.

The most recent analyst rating on (HK:2270) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Desun Real Estate Investment Services Group Co., Ltd. stock, see the HK:2270 Stock Forecast page.

More about Desun Real Estate Investment Services Group Co., Ltd.

Desun Real Estate Investment Services Group Co., Ltd. is a Cayman Islands–incorporated company listed in Hong Kong that focuses on real estate investment services. Through subsidiaries such as Chengdu Desun, the group engages in office property entrusted operations, commercial leasing and comprehensive property services in mainland China.

Average Trading Volume: 7,875

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.43B

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