346 Diwang Auction(1)
"The land of the bus terminal in the Central District?" Xu Zhi smiled, this is the best land that can be auctioned in the entire Xiangjiang at present, and it can also be said that it is the king of the land in Xiangjiang in the 80s.
The reason why this land is called the king of the land is not only because it is located in the center of the core business area of Central on Hong Kong Island, but more importantly, because this land area is large enough, with 144,000 square feet and a complete land of more than 10,000 square meters.
Although this land has always been the terminus of buses and minibuses, unlike the land owned by KMB, the Central area was the center of Hong Kong as early as the 19th century, and it was naturally impossible for the government at that time to allocate such a large plot of land in Central to China Bus Company, but to lend it to bus companies in a cheap way of renting.
During this period, property prices in Hong Kong fell, and the Hong Kong government decided to re-auction the land to stimulate the market, and intended to relocate the Hong Kong Stock Exchange to a new building built here.
As long as the exchange moves here, the whole building will not have to worry about no customers, and even the rental price can be increased by several floors, which is conceivably attractive to the real estate company in Xiangjiang.
Xu Zhi then asked, "Did the Hong Kong government say when the auction would be?"
"February 12th. Wang Liming replied.
Xu Zhi nodded and said, "Okay, then you reply, Evergrande Group will also participate in this auction." ”
"Okay, I'll go now. After Wang Liming finished speaking, he said goodbye and left.
After Wang Liming left, Xu Zhi pondered, this piece of land at the China Bus Terminus is actually the famous Exchange Square in the future, in the original history, Hongkong Land auctioned this land at auction for 4.725 billion Hong Kong dollars, according to the exchange rate, almost 1 billion US dollars, this transaction became the world's highest real estate auction piece of land, but also for the huge debt of Hongkong Land Group in the subsequent real estate crisis to provide a great boost.
After the real estate crisis, Hongkong Land invested another HK$3.2 billion to build 1233 buildings in Exchange Square, with a total building area of 2 million square feet.
In the 90s, Exchange Square was the top office building in Hong Kong, with a monthly rent of more than 100 yuan per square foot, and the annual income of the entire Exchange Square was as high as HK$3 billion at the peak of the year.
However, Xu Zhi does not plan to cut off the beard once, this land is a major part of Hongkong Land's future debt, and it is overshadowed by the entire assets of Hongkong Land.
……
Time flies, and it's fast to February.
Hong Kong's real estate has begun to show a sluggish state, and many auction prices have fallen a lot compared with the second half of last year, but many large consortia believe that this is just a short-term correction in the real estate market, and want to take advantage of this period to buy some land and commercial properties at "low prices".
In fact, the Hong Kong government's auction was also a few months late, if it was auctioned in October last year, then at the land price at that time, the transaction value of this land might reach 7 billion Hong Kong dollars, but now it is 2 billion less out of thin air.
However, the real estate market as a whole has not yet entered a state of "continuous decline", and many capitals are waiting and waiting and are hesitant, while others believe that housing prices in Xiangjiang will still rise in the future.
The land of the Central Bus Terminal has attracted the attention of many real estate tycoons, such as Li Ka-shing of Cheung Kong Industrial, Kwok Tak-shing of New World Group Corporation, Lee Shau Kee of Sun Hung Kai, Bao Fuda and Niu Bijian of Hongkong Land, Swire Group Swire Group, etc., these are the top 10 existence of Heung Kong Real Estate Company, and only these companies have the ability to take over such a large project as "Exchange Square".
Xiangjiang is not big, almost everyone knows each other, and Xu Zhi also chatted politely with Li Shauji, Guo Desheng and others.
"I remember the last time I saw Xu Sheng at an auction was in 79, almost 3 years ago. Li Jiacheng helped his classic black-rimmed glasses, smiled and shook hands.
"This auction can be said to be the largest auction in the history of Xiangjiang, how can I not participate in such a lively event?" Xu Zhi said with a smile, in the past few years, Evergrande and Hutchison have been developing their own land, and they have not paid too much attention to the auction of the Hong Kong government.
However, almost three years have passed, and except for some land that is not planned to be developed in the short term, the others have no development plans in the short term, and just a part of the land has made huge cash for the two companies.
As long as it takes a while for the real estate crisis to come, this cash will have a place to use.
Li Jiacheng looked around and asked softly, "Xu Sheng should also be interested in the land of the bus terminal, right?"
"Yes, what? Li Sheng is not interested?" Xu Zhi said with a smile.
Although Li Jiacheng has lost Hutchison Whampoa, with the help of HSBC, the investment in real estate in the past few years is even more crazy than the original history, and he has also continuously developed a large number of its land reserves, and obtained huge amounts of cash for Cheung Kong Industrial, but last year in 1981, Cheung Kong made a net profit of 800 million Hong Kong dollars, and its real estate under construction was as high as forty or fifty.
Li Jiacheng nodded and said: "Of course I am interested, but there are too many people who come here to covet this land this time, so I want to reach a cooperation with Xu Sheng, bid together, and then develop this project." ”
"Cooperation?So after Li Sheng takes this piece of land, the houses he will build in the future are ready to be sold?" Xu Zhi asked with a smile, if he held it, there would naturally be no need to cooperate.
Li Jiacheng nodded and said: "Yes, although this land is a prime location, it will take up too much capital, and Cheung Kong does not plan to hold this project for a long time." ”
Xu Zhi shook his head and smiled: "That's a pity, Evergrande is ready to hold it for a long time." ”
"Haha, the hero sees the same thing. Xu Zhi sounded a burst of non-standard Cantonese behind him, and when he looked back, it was Bao Fuda and Niu Bijian.
In a small place like Xiangjiang, there is often competition for this project, cooperation for that project, or fighting to the death today, and business cooperation together tomorrow. Therefore, although they are basically competitors who come here, they are basically polite, and Li Jiacheng, Xu Zhi, Bao Fuda, and Niu Bijian shook hands with each other and greeted each other politely.
Bao Fuda said with a smile: "Xu Sheng, it seems that this land Evergrande Group is determined to win?"
Xu Zhi said with a smile: "How can this kind of thing be 100% sure, and you will not know the final outcome until you get to the auction." ”
Bao Fuda saw that Li Jiacheng was pulled aside by Niu Bijian, so he said softly: "Xu Sheng, you and my supermarkets are fighting fiercely during this time, it's time to end this farce, right?"