The other day, Osaka Mayor Ichiro Matsui held a regular press conference.In it, they announced that at least three of the four companies that had requested a real estate appraisal had agreed on the rental price of the land that the Osaka IR was supposed to bid on.
Press release
The Osaka Port and Harbor Bureau has already responded to media interviews on December 12 and clarified that it has not induced price agreements between contractors.Because of the lack of good performance in the past, each company had an opinion on this lot.
Three companies expressed the opinion that it is a complex of large-scale commercial facilities, and that the rent should be 428 yen (US$1 per square meter).Also, the value of the light industrial area where the property is located is half the price they agreed upon.
According to the lease plan, Yumeshima has 49 hectares of land.The lease plan is currently envisioned for the next 35 years, with an annual rent of ¥25 billion or US$1840 million.
At a press conference, Matsui explained: “This land was not originally for sale. The selling price was simply calculated as a basis for setting the rent. Unless the value of the land is known, the lease fee cannot be determined. They didn't want to sell the lot, they wanted to lease it, and they said they wanted the initial investment to be in the building, not the land."
Comparison with USJ
Regarding the price increase, there was an opinion that it is not much different from the amount borne by Universal Studios Japan, but what do you think?The mayor replied: “When USJ was first put on the market, it was cheap, but it went up as USJ grew. The land in Yumeshima will not be sold, but rented out. think.
First, make the land attractive. Same as what I did at USJ.If it becomes a central place where people gather, the value of the land will also increase.However, the first foundation must be appraised by an appraiser.This is also a location that is not affected by market principles. ”
"This decision is neither a directive from the government nor a personal one," he said.If there is any problem with this matter, the major will personally take responsibility and give up his full annual salary.He also said that in the unlikely event that he violated, he would take action against those responsible.
Osaka Prefecture's IR development plan was submitted to the government in April. The decision was made with the cooperation of MGM Resorts and Orix, and is currently awaiting national approval.The plan is to open in the fall or winter of 4.
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