"Build all industrial office buildings?" Li Jiacheng shook his head and said: "Xu Sheng, this method doesn't work!"

Xu Zhi asked, "Why?"

Xu Zhi remembers that before the real estate crisis in '82, industrial office buildings had been very hot, and although they were not as good as the residential market, if they were operated well, the profits would not be low.

Li Jiacheng said: "First of all, the area of this land in Hung Hom is too large, if all industrial office buildings are built, even if the plot ratio is only 2-3, the completed area is as high as 2 million square feet, so many industrial office buildings together impact the entire market, I am afraid the price will fall."

Although industrial office buildings are currently selling well in Xiangjiang, they are far worse than commercial demand and residential demand, and more than 2 million square feet are commercial or residential, which does not matter, but industrial office buildings are not.

Second, the industrial rent in Hung Hom is expensive because the business here is becoming more and more developed, and there are few industrial office buildings, and the Hong Kong government originally planned to relocate the industry to the New Territories. ”

Xu Zhi also understood, and said: "Then we can use the second method, Hung Hom has a good geographical location, if it can be built into a commercial area, it will inevitably attract countless capital, what I mean is to collect funds from some other real estate developers, make up the difference, and then change the land to commercial land, and then according to the prior agreement, part of the land will be allocated to these real estate developers."

The advantage of this is that we don't need to raise so much money, and another 800,000 square feet of land, even if we make a difference in price alone, we can't afford so much money for subsequent development, so we can kill two birds with one stone!"

Li Jiacheng thought for a while and said: "Xu Sheng, your method is indeed operable, but in this way, our profits will be reduced a lot." Moreover, so many real estate merchants buy scattered land, if they can't form a good business plan, I am afraid they will not be able to get the best results. It's better to wait a few more years, we can develop it alone, and the profits will inevitably be more, Xu Sheng is less than 20 this year, and I, an old man, can wait a few years, isn't Xu Sheng okay?"

Xu Zhi said with a smile: "Li Sheng, your Changjiang Industry has tens of millions of square feet of land reserves, and I intend to enter the real estate industry, so I can't just hold on to a piece of land and wait for it to appreciate! If Li Sheng is really unwilling to develop it now, it is better for us to negotiate a price, I will buy this land with full proprietorship, or I will buy the shares in Li Sheng's hands at a premium now, and when the Jingzhou Yingxiao Company is in hand, I will transfer the cement plant to you, how about it?"

"This ......" Li Jiacheng hesitated!

"Let you pretend to say that it is not for the land!" Xu Zhi was quite happy when he saw that Li Jiacheng was speechless, Li Jiacheng may really want to buy the cement factory, but if it is not for this land, pigs can go up the tree!

"Li Sheng?" Xu Zhi reminded in a friendly manner.

"Oh, I'm sorry......" Li Jiacheng reacted, now he has indeed encountered an embarrassing moment, he has actually coveted the land of Jingzhou Yingxiao for a long time, but he has been busy with the affairs of Wharf some time ago, and it is finally over, but he met Xu Zhi, a newly rich man, who started in advance!

In his mind, he had already figured out how to develop this land, but the current situation was that the other party held the main shares, and the purpose was this huge land.

If you don't cooperate, everyone will probably have to break up, and of course you can go back and continue to cooperate with the Kane family, but his original intention is to develop this land by himself!

As long as Xu Zhi agrees not to develop it for the time being, he is sure that he will completely annex this land in the future, but now it seems that the other party wants to develop it immediately!

Xu Zhi said with a smile: "Then Li Sheng, I still have one last method, this piece of land is 800,000 square feet, if we can't reach an agreement on how to develop it, then we will directly say that this land is divided into two, everyone is responsible for their own, how to develop how they want, how?"

"This, that's okay!" Li Jiacheng frowned and said, "But how to divide this land?"

"I'm six, you're four!" Xu Zhi said: "I am a major shareholder in this acquisition, so I will ask for one percent more, which is not too much!"

Li Jiacheng said with a smile: "Xu Sheng, whether this matter can succeed or not depends on who has more shares, and no one can do it if there is less in this action, I think it is more fair to have one person and half." ”

Xu Zhidao: "Li Sheng, your Changjiang Industry owns more than 10 million square feet of land, do you care so much about this share, not to mention, everything pays attention to the first come, first served, but I launched the acquisition first." ”

Li Jiacheng smiled and said: "Okay, then it depends on Xu Sheng, this first cooperation, you should make Xu Sheng a friend!"

Xu Zhi smiled and said, "Then I'll act according to the plan tomorrow!"

……

The next morning:

The stock market has just opened, and Dolly sent a message that Evergrande Group entrusted it as a securities dealer to acquire the shares of Jingzhou Yingxiao at a premium of 60%, and the acquisition is a limited acquisition, once the acquisition goal is reached, it will be stopped immediately!

When the news came out, the stock market, which had been silent, immediately became popular, and the stock of Jingzhou Yingxiao skyrocketed instantly.

Many stock commentators are quite embarrassed, just yesterday, they kept preaching on TV that the acquisition has ended, and Xu Zhi, the newly rich man, has been completely defeated.

But the slap in the face came soon, and it was still very loud!

In the office of the president of Jing Zhou Yingxiao:

William Kane is the fourth-generation head of Jingzhou Yingxiao, and their family has broken the traditional saying that the Chinese are only rich for 3 generations, and the trick is to keep their own business and not invest in their own unprofessional industries!

Although it is a bit of a stick, the company has been doing well.

However, the husband is not responsible, and he is guilty.

The cement plant's huge land bank still attracted attention, and after years of operation, the company has lost its full controlling stake.

Looking at the newspaper in his hand, William asked the assistant beside him, "Have you contacted Standard Chartered and Kowloon Bank, and when will their funds arrive?"

Because of the hostile takeover by external capital, although the company has increased its shareholding voting rights to 38% through capital operation, in Xiangjiang, without 49.9% of the equity in hand, it is not absolutely safe.

Therefore, for the sake of safety, the Kane family decided to use all of their shares as collateral and borrow enough cash from Standard Chartered to prepare to raise the stake to 49.9% of the safety line.

"Standard Chartered replied to the news, if you want to get it today, the interest must be increased by another 3 points!" said the assistant with confidence.

"Damn!" William slapped the table angrily, his face was hideous, but after a while, he still said resentfully: "Promise them." ”

If it weren't for the threat to his own property, how could he be willing to accept such a thing, in fact, when Evergrande first proposed the acquisition, he contacted several major British companies and banks, including Swire and Jardine Matheson, but Jardine was busy with Wharf, and Swire took the opportunity to propose to acquire the land in Hung Hom.

And the only one who didn't make any excessive demands was the Chinese-funded enterprise Cheung Kong Industrial, and Li Jiacheng just asked for land development together!

However, William certainly did not believe the other party, but urgently needed funds to maintain the family's control of the company, and after Li Jiacheng accepted a series of conditions, William agreed to the other party's shares.

Originally, using the other party's funds, he has obtained nearly 40% of the equity, under normal circumstances, the acquirer should know the difficulty and retreat, because even if there is still a glimmer of opportunity, but for the acquirer, it will pay a greater price!

However, as a William who is addicted to industry, he never thought that the old site of his cement factory would be a big piece of fat.

Xu Zhi naturally knew that the later Li Jiacheng used this land to develop the Hung Hom Crane Garden, which was sold for as much as HK$4,000-6,000 a foot when it was opened in the 90s, and the total market value of the property was close to HK$10 billion.

So no matter what the price is now, this land is a must-win!

Read them all