Chapter 274: Emperor Land (Part II)

To buy the wasteland in the eastern part of Tseung Kwan O in the southeast of the New Territories, Xu Cun spent 210 million Hong Kong dollars. Pen, fun, and www.biquge.info

To buy the Queen's Building and the entertainment store, Xu Cun spent 216 million Hong Kong dollars.

To buy the Shin Kong Theatre and the 28-storey Kiu Fai Building, Xu Cun spent 415 million.

To buy the Yau Ma Tei Cinema and the adjacent Yau Ma Tei Pumping Station dormitory, Xu Cun spent HK$6.5 million.

rented the Lee Stage and the Jade Pearl Theater, Xu Cun paid 21.5 million Hong Kong dollars (the rent of the Li Stage for two years is 18 million Hong Kong dollars, and the rent of the Jade Pearl Theater for one year is 3 million Hong Kong dollars, and the owner of the Jade Pearl Theater also asked Huangtu Real Estate for a deposit of 500,000 yuan. )。

In total, so far, Xu Cun has spent a total of 869 million Hong Kong dollars.

Even if you add it, Xu Cun gave him the team that he invited from the United States to design the cinema and Chen Yaoqing prepared 30 million Hong Kong dollars.

That Xu Cun also spent less than 900 million Hong Kong dollars.

And Xu Cun prepared 2.6 billion Hong Kong dollars for this once-in-a-lifetime opportunity.

In other words, Xu Cun still has 1.7 billion Hong Kong dollars in his hands.

How is Xu Cun going to spend this money? Do you want to use them to build Xu's film and television empire in the east of Tseung Kwan O?

Of course...... No, 1.7 billion Hong Kong dollars is far from enough to build the film and television empire in Xu Cun's heart, and Xu Cun can't throw all the 1.7 billion precious cash into that wasteland at this time.

Xu Cun just took out 100 million Hong Kong dollars as a deposit of the 1.7 billion Hong Kong dollars, and asked Chen Yaoqing to find the best design team in the world to help Xu Cun design the blueprint of the empire that Xu Cun wanted.

What is Xu Cun going to do with the remaining 1.6 billion Hong Kong dollars?

Early last year, three consortiums led by Hang Lung won the development rights of the properties above nine MTR stations along the Hong Kong Island MTR.

Mrs. Thatcher's visit to Beijing kicked off the negotiations between China and the UK on the future of Hong Kong.

Among the nine MTR station superstructures acquired by Hang Lung, the Cotton Tree Building at Murray Road in Central District is nearing completion, and plans are underway to commend the Heung Hills Building at Admiralty 2.

The planned new Heung Shan Building covers an area of 69,000 square feet, with a total floor area of 1043,000 square feet. According to the requirements of the British Government of Hong Kong, Hang Lung needs to pay the land premium of $182 million, and the deadline is to complete it within 28 days.

Due to the sharp drop in land prices, Hang Lung had no choice but to propose to the British Government of Hong Kong to reduce the land price to the $1.4 billion level, but unfortunately the British Government of Hong Kong did not agree to it at all.

At this critical juncture, the Japanese bank, which had signed a contract to lend a maximum credit of RMB1.5 billion to Hang Lung, temporarily withdrew its commitment.

Now, after applying to the British Government for another extension of land premium, Hang Lung is ready to withdraw from the development of the Admiralty 2 superstructure and postpone the superstructure work of the remaining subway stations.

If this is the case, the consortium headed by Hang Lung will not only "return empty-handed to Baoshan", but will also lose 400 million yuan in deposits, and the blow will definitely be not light.

The location of Admiralty 2 is excellent, second only to Hongkong Land's "land king" on the waterfront of Hong Kong Island, which was won by Hongkong Land at a high price of 4.755 billion yuan at the beginning of the year.

In the last generation, after the signing of the joint declaration between China and the UK, the Hong Kong real estate market began to go out of the trough, and the Hong Kong and British governments took advantage of the situation to launch the second section of Admiralty for bidding, which was won by the consortium headed by Sino and developed into the Financial Plaza, which later became the Benda Center, making extremely rich profits.

Of course, Xu Cun didn't know the details. However, Xu Cun knew that Hang Lung had to lose a deposit of HK$400 million when he returned empty-handed, and Sino had earned more than HK$10 billion from the Benda Center built by the second section of Admiralty.

According to Xu Cun's original intention, he was going to eat alone with more than 10 billion Hong Kong dollars.

However, after Xu Cun came into contact with Mr. Chen Zengxi, the chairman of Hang Lung, Xu Cun finally dispelled the idea of eating alone.

Hearing that Xu Cun was about to take over the second section of the Admiralty, Chen Zengxi asked Xu Cun: "Mr. Xu, do you have three or four years to build the Xiangshan Building with the corresponding personnel?" ”

Xu Cun was really asked by Chen Zengxi - let's not talk about the time that Xu Cun designated, let's talk about the personnel, let Chen Yaoqing, a pure newcomer in the architectural industry, lead people to build Xu Cun's film and television empire, and the tallest building in that empire is only more than ten or twenty floors, but let Chen Yaoqing build a forty or fifty-story Xiangshan Building, Xu Cun really can't believe it!

Seeing that Xu Cun seemed to be moved by what he said, Chen Zengxi suppressed the excitement in his heart and said: "Everyone knows that the second section of the Admiralty is a good piece of land, but if you want to turn it into wealth, it will take a long process, and if you want to get through this long process smoothly, you must have an experienced, reputable, and responsible team...... If Mr. Xu knows anything about Hang Lung, he should know that Hang Lung has all of the above qualifications. ”

After pondering for a while, Xu Cun said: "Then please ask Mr. Chen to say a feasible plan for the younger generations to hear." ”

If we can't grasp this opportunity, Hang Lung will have to enter Baoshan empty-handed and lose 400 million yuan in deposits, so Chan Tseng-hee said very sincerely: "We have already negotiated with the government, due to the sharp drop in land prices, we only need to pay 1.5 billion Hong Kong dollars to make up the land price to get the land in Admiralty 2...... Mr. Xu, if you take out 1.5 billion Hong Kong dollars to keep the land of Admiralty 2, the land will belong to you, Mr. Xu, and we at Hang Lung will contribute the money for the construction of the Xiangshan Building and be responsible for the construction of the Xiangshan Building, and after the completion of the Xiangshan Building, you will account for 50%. ”

It will not be operated in advance, but even the construction of the Xiangshan Building will cost at least 2 to 3 billion Hong Kong dollars. In addition, the three consortiums led by Hang Lung have invested HK$400 million. On top of that, Hang Lung is also responsible for the specific construction. Therefore, the conditions given by Chen Zengxi are quite reasonable.

After thinking for a while, Xu Cun bargained: "I will pay 1.4 billion, and the rest will be done according to what you say." ”

Seeing that Xu Cun didn't open his mouth, Chen Zengxi secretly breathed a sigh of relief!

Although he is usually known for his calculations, this time Chen Zengxi was unusually happy - as soon as Xu Cun's words were finished, Chen Zengxi nodded directly and said, "That's it!" ”

……

Excluding the 1.4 billion Hong Kong dollars that won the second section of Admiralty, Xu Cun still has 200 million Hong Kong dollars in his hands.

With these 200 million Hong Kong dollars, how is Xu Cun going to use it?

Needless to say! Naturally, I bought a villa and a luxury house!

With the wrestling of the Iron Lady, not only the British and G riches ran away, but even many Chinese and G billionaires who had no confidence in the mainland also ran away.

Therefore, villas, especially holiday villas, are so cheap that they are almost equivalent to giving away for nothing -- some small holiday villas that are very good in all aspects can even be bought for only 500,000 or 600,000 yuan, 2 or 3 million can buy 4 or 5,000 square feet of luxury villas, and tens of millions of dollars can buy 10,000 square feet of mansions, like the 23,000-square-foot mansion that Xu Cun bought for his daughters in Repulse Bay is now worth 30 million Hong Kong dollars at most.

Xu Cun has a lot of wives and children, of course he has to prepare more places for his wife and children to live!

Therefore, after more than a month of selection, Xu Cun spent more than 200 million Hong Kong dollars to buy more than 140 villas and mansions in Mid-Levels, Waterloo Road Hill, Repulse Bay Road, Lantau Island and other places in the name of Huangtu Land.

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(To be continued.) )