Chapter 595 Global Fund

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"Boss, this is the detailed operation information of Global Real Estate this year. ”

After Tang Wenfang finished speaking, he put the materials he had prepared in front of Guo Shouyun. He gave him a brief glance and nodded.

"You're doing a great job. ”

"It's also thanks to the financial backing of your boss and the right strategic development decisions you make for Global Realty. ”

Guo Shouyun waved his hand, "It should be your credit to you, don't deliberately compliment me." ”

He had already passed the stage where he was in a good mood after a few good words. Nowadays, the only thing that can really move him is the tangible benefits.

"Yes!"

"What are your plans for Global Real Estate's development this year?"

Tang Wenfang organized the language, "I hope to slow down the company's pace of commercial housing and real estate investment. ”

"Oh, why?" Guo Shouyun smiled slightly.

"At present, the real estate market in China, from a macro perspective, has been overheated. In particular, in the southeastern coastal cities, housing prices have continued to rise, exceeding the per capita of urban companies by two to three times, resulting in a large number of people not being able to afford housing, which directly affects the improvement of the housing conditions of urban residents, financial security and social stability. Moreover, the overheating of real estate has directly driven the prices of means of production to rise sharply, resulting in economic overheating at the macro level. ”

In addition, it is rumored that the central government is already discussing policies to curb housing prices, and it is likely to introduce measures in terms of financial loans and land management. Although these news have not yet been confirmed, the increasingly fierce housing price contradiction in China is indeed a fact. According to Huaxia's past handling model of various hot events related to social and people's livelihood, it is only a matter of time before the real estate market is administratively intervened. ”

Guo Shouyun nodded. It should be said that Tang Wenfang's sense of smell is very sensitive, and his speculation is completely correct. According to his memories of his previous life, in a few months, the state will officially introduce policies to control the amount of money issued and the scale of loans, strictly enforce land policies, prohibit the indiscriminate occupation of cultivated land, and clean up and rectify projects under construction and construction. A combination of punches has caused the first crisis of real estate enterprises in China, and many real estate enterprises that rely on loans to acquire land to build houses have collapsed. The most famous of them is Sun Hongbin's Shunchi.

You must know that if it weren't for this crisis, Shunchi might have surpassed Wang Shi's Vanke and become the No. 1 real estate enterprise in China at that time. But his luck was too bad.

In addition, as a pillar of the national economy, real estate has developed slowly, which has also caused a downturn and even bankruptcy of a large number of raw material enterprises. One of the most representative is Dai Guofang's iron book. A large private steel conglomerate, which was supposed to have a capacity of more than 8.4 million tons and rivaled Baosteel, disappeared like a meteor.

Tieben's death has left a question for China's private business community that no one can answer: What is politics?

However, Guo Shouyun has his own views on this, and the demise of this first privately-owned iron and steel giant means that at the end of the 20 th century, the end of the 'reckless era' of the private economy, and fewer and fewer entrepreneurs have made their fortunes through policies, and then there are fewer and fewer entrepreneurs who have risen to prominence; the highly educated, high-tech third-generation entrepreneurs represented by Ma Yun, Ma Huateng, and Li Yanhong have begun to become the new representatives of China's economic circles.

"Your analysis is indeed very prescient, and I agree. But do you think there will be a big drop in the real estate market in China?"

Tang Wenfang pondered for a moment and shook his head.

Guo Shouyun smiled, "Why?"

"The country's economic development will contribute to the continuous increase in the urbanization ratio. At present, the world economy is developing well, and although China's economy is overheating, there is no sign of economic crisis, and there is no possibility of economic regression. Therefore, the urbanization rate will continue to increase. At present, the urbanization rate of Huaxia in 03 is only 40.53%, which is still nearly half of the urbanization rate of 80% in developed countries. ”

“… How long it will take for this half to catch up is not mentioned for the time being. But at least until China's urbanization rate does not stagnate, the development of the real estate market will not stop. However, even if it continues to develop, it will not always be smooth sailing in the middle, and it is normal to have a few troughs in the middle. ”

"Like now?" Guo Shouyun interjected.

"Not bad. ”

"Your response is just what I said before, to suspend the scale of commercial housing and real estate investment?"

"This is just the first step. This policy adjustment is undoubtedly a heavy blow to real estate companies with tight capital chains. At the same time, there will also be a certain degree of decline in house prices. We can set aside valuable cash flow and take advantage of this opportunity to buy on dips. ”

Guo Shouyun pondered for a moment, then nodded with a smile.

"You've thought it through, and it doesn't seem like I need anything more. ”

"You've won a prize!"

"Don't be overly humble. However, I would like to warn you not to expect that housing prices in Huaxia will fall too much. So, you can slow down for a while, or even stop investing in real estate construction. But there is no need to stop investing in commercial housing. ”

From 2000 to 2019 before Guo Shouyun crossed, there have been four or five ups and downs in Huaxia real estate, but no matter how the state controls it, the housing prices that have risen have fallen back by more than 10%. Moreover, the houses in good areas such as school district housing, CBD, and the city center are almost not falling.

Therefore, for Global Real Estate, which mainly invests in commercial housing in excellent locations such as city centers and school district housing, there is no need to stop acquiring at all. Of course, it doesn't matter if it stops, after all, when the crisis comes, its price will not rise. Moreover, with fewer competitors, you can make some money. A house earns some money, and when the sand gathers into a tower, it is also a very objective income for Global Real Estate.

"I understand!"

Although Tang Wenfang had objections in her heart, looking at Guo Shouyun's expression, she nodded and didn't say anything. Because in the more than a year of contact, countless facts have proved the correctness of Guo Shouyun's decision.

Guo Shouyun nodded slightly, and beckoned to Wang Jue on the side.

"Boss!"

"Have you arrived?"

"It's already here, and it's currently arranged by Xiaojing in the conference room outside. Wang Jue replied.

"Let him in. ”

Guo Shouyun nodded and said.

"Yes!"

Not long after she turned around and went out, Xing Zhiping, who was dressed in a black suit, pushed the door and walked in.

Seeing him, Tang Wenfang's eyes instantly changed subtly. Of course, Xing Zhiping also had a similar performance, but he was prepared in his heart, so he was not noticed.

"Boss!"

"Sit down!" Guo Shouyun waved his hand.

After he sat down, Guo Shouyun's gaze quickly swept over the faces of the two of them, and said with a smile: "I think you all know each other, so I won't introduce you much." … Lao Xing, did I let you bring the things you bring?"

"Bring it!"

As he spoke, Xing Zhiping opened his briefcase, took out a thick document from it and put it in front of Guo Shouyun.

He opened it and flipped through it briefly, "I'll take the information back and look at it again, you can briefly talk about it first." ”

"Yes!" Xing Zhiping organized the language, "There are currently 5 projects of the Global Fund in Beijing, namely Zhongyu Building, Dongzhimen Donghua Plaza (Guosheng Center), Chang'an Street Haitian Plaza (Guangyao Oriental Plaza), Yindu Center (Fenglan International Center), and Gongzhufen Commercial Building (Guohai Plaza). At present, Zhongyu Building has been renovated, as the company's first commercial office building with complete property rights, it has a usable area of 58,000 square meters. At present, it has been renamed Global Building, and in addition to some of the company's own use, it has started to attract foreign investment. ”

"Tung Wah Plaza and Haitian Plaza have been under construction for half a year, but it will still take one to two years before they are actually completed. ”

Guo Shouyun nodded, he was not surprised, compared to the Zhongyu Building, which is only 58,000 square meters. With a staggering 510,000 square metres of gross floor area, Tung Wah Plaza features twin towers, office towers, hotels and apartments in addition to a shopping mall.

Although Haitian Plaza is not as large as Donghua Plaza, it has a construction area of 200,000 square meters. However, what is better about it than Tung Wah Plaza is that when the Global Fund bought it, the Haitian Plaza was close to completion. However, because of its backward appearance and interior design in Guo Shouyun's eyes, it had to be redesigned and rectified, which delayed its completion.

“… The construction of Yindu Center has been started for a month, and there are still half a year to a year before it is completed. The Gongzhufen Commercial Building has just completed the cutting of property rights and equity, and the construction officially started after the Spring Festival. ”

“… At present, the Global Fund has total assets of 9.35 billion Chinese dollars, total liabilities of 3.573 billion Chinese dollars, total revenue of 1.24 billion Chinese yuan and net profit of 12.03 million Chinese yuan in 2003. ”

Glancing at Xing Zhiping, Guo Shouyun smiled faintly. He understands that most of the so-called revenue of the global fund comes from the appreciation of fixed assets obtained by the company after the real estate price rises. Otherwise, when the investment of global funds this year is far greater than the income, the net profit will not be 12.03 million Huaxia dollars, but a negative number.

However, understanding is understanding. He didn't guard the crowd to break it. After all, everyone wants to save face.

"That's good! But I remember that the list you gave me at the beginning had more than a dozen unfinished building renovation projects. Except for the five we bought, what's going on?"

"Jinfei International Apartment, which was bought by Platinum Palace Construction Group. Guanghua Road Minyuan Building, I'm ready to give up. ”

"Oh, why?"

"The steel bars of the Minyuan Building are not up to standard, and unless it is completely pushed to reconstruction, there is a risk of collapse. If it is only reinforcement, the maintenance cost will be higher in the later stage. With the same input, we can find better investment targets. … In addition to these two projects, the remaining 7 have not yet had the strength to compete with us. ”

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。 m.