Chapter 197 [Co-built Commercial Building] (Ask for a monthly pass!) Ask for a subscription! )
In the afternoon, Lin Zuhui came to the VIP club of Sha Tin Racecourse.
"Uncle Tong! Brother Chun! ”
Zheng's father and son are really close, they are together wherever they go, Lin Zuhui couldn't help but think in his heart, could it be that the beauties are also together?
But what is certain is that Zheng Kar-chun will never favor his mother in this regard!
Don't look at Zheng Kar-chun, who is usually very low-key, and there were no scandals after acquiring ATV in his previous life, but he hooked up with Da Liu's ex-girlfriend Lawyer Wang in a big way, and also gave birth to an illegitimate child.
That Wang Yingyu is really ugly!
In fact, when it comes to Zheng Kar-chun's status, beauties are at your fingertips, and on the contrary, you can begin to accept some soulful and talented women.
Although Wang Yingyu is ugly, others will not interfere in Zheng Kar-chun's family affairs and will not make trouble; The important thing is that she is a barrister herself, and she is still of some help to Cheng Kar-chun.
So, it's understandable. Moreover, Zheng Jiachun also wrote Wang Yingyu's children on Zheng Yutong's obituary, which shows that he really likes others, and Wang Yingyu also took over the legal affairs of New World.
"Ah Hui!"
As soon as they met, they greeted them warmly.
After a while, a few more people came to this circle, Pan Disheng, Lin Jianyue, etc.
But it's very strange that everyone took the initiative to give up the main position to Zheng Yutong and Lin Zuhui, as if to say that these two are the ones who are in the same position.
Lin Zuhui naturally accepted it as a matter of course, if these second generations want to have a coffee position with themselves, they must at least take over the shift.
And Zheng Yutong usually likes to bring up the juniors and play with the juniors.
After everyone sat down in the restaurant of the clubhouse, they chatted while drinking afternoon tea.
"When I read the newspaper in the morning, it was full of news about you, and you are now Weishui Xiangjiang!" Zheng Yutong said appreciatively.
Lin Zuhui is very modest: "The media are just fighting for attention, I am about to become the king of debts, and the bank almost sent people to squat on me 24 hours a day, and I dare to be proud there." ”
Zheng Jiachun said with envy: "It's less than forty percent of the debt, what are you worried about, this time you bought two high-quality properties (ACN Center), what are you afraid of when the debt is high!" ”
Zheng Yutong looked at his son with the same eyes, and said warningly: "You can't learn from others, Ah Hui can find money elsewhere!" ”
He has two characteristics: one is that he doesn't like to buy other people's companies, thinking that this is a way to make money; The second is that I don't like to owe too much debt to the bank, and I feel that it is always not good to owe people money. Of course, it is true that Zheng Yutong likes big projects, and the New World Center and the Convention and Exhibition Center are now projects worth more than 5 billion.
However, there are exceptions, and Zheng Yutong was unusually positive on the issue of acquiring Hongkong Land in his previous life.
When Zheng Yutong heard Lao Tzu's words, he had to nod his head and agree, he was his Lao Tzu's follower, and he took his Lao Tzu's words as a holy decree.
In fact, the small universe in his heart was just hidden in his heart, and as soon as he came to power, (in his previous life) he immediately began to make hostile acquisitions and borrowed heavily to buy properties. Zheng Yutong, who was hiding behind him, thought to himself, if he had just retired and returned to power, wouldn't he not give his son any face, wouldn't he have lost face if he had cultivated a successor for so many years, and how to take over in the future could only be up to Zheng Jiachun.
After chatting for a while, Pan Disheng said with a smile: "Ah Hui, didn't you invest in Lukfook Jewelry, it seems that you really like Uncle Tong and plan to be a jewelry tycoon!" ”
was obviously ridiculing, Lin Zuhui replied: "What, are you planning to sue me too?" ”
It turned out that Pan Disheng recently had a lawsuit with Chen Shengze of Henghe Jewelry, and Chen Shengze was originally unknown, just a medium-sized jeweler, and his fame has recently exploded.
"Cut, I don't dare to mess with you!"
Everyone laughed, Lin Zuhui is indeed a bit of a 'slam of notoriety', but everyone knows that Lin Zuhui's 'notoriety' comes from normal competition in the mall.
Lin Zuhui inadvertently looked at Lin Jianyue, a little fat man, and couldn't help but feel sad for him; Although he did not have a grudge against Lin Zuhui, and even the two were friends, Lin Zuhui had already occupied his woman and family business.
Of course, this is to save the Lin Baixin family!
In the previous life, ATV and Furama Hotel made the family lose a lot of money, and Lin Zuhui was bound to win the crocodile shirt.
He remembered that the crocodile shirt was purchased by the Lin family in September next year, and Lin Zuhui only needed to complete the layout in the first half of next year! The main reason is that he is now short of funds, and can only wait for the settlement of the year-end futures index contract before starting the layout again.
It can be expected that don't look at how much money he makes, he spends money very much, I'm afraid he really can't save a few dollars!
The crocodile shirt alone needs more than 1 billion acquisition fees, and if it wants to develop, it has to come up with 1 billion, and it is 2 billion to come and go!
Of course, Lin Zuhui still chooses leverage operation this time.
Anyway, before the '87 stock market crash', as well as in the stock market crash, he could make a profit of more than 5 billion, and he was not afraid to spend money a little more.
After watching Marseille, when Lin Zuhui and the others were about to leave, a dashing man with glasses greeted them.
"Uncle Tong"
"It's Zhiming!"
Lin Zuhui also recognized the person, it was Ye Yuqing's brother Ye Zhiming, this is a celebrity in Xiangjiang. It's not that he has a lot of wealth, but his legendary experience is very talked.
Ye Zhiming speculated and leased yachts in Saigon in 1960, and later made wigs and sold them in the United States, earning more than one million; After that, he started an oil business, and as a result, he lost money completely.
In the 70s, he spent 40,000 yuan to make "BANG-BANG" jeans, established a kingdom of more than one billion, and in 76, he started BANGBANG Film Company to produce films such as "Jumping Ashes"; However, within a few years, BANGBANG's turnover was not working, and Ye Zhiming had to sell to Qiu Degen and Chen Songqing.
In 1981, the Beihai fishing village made a profit, and then raised tens of millions of dollars to build Qiaozui Island Resort; And this Qiao Tsui Island resort is not doing well now, and it is estimated that it will not be sold for a million.
It can be said that Ye Zhiming belongs to the ups and downs of the business circle, and he can be called a business hero in the entertainment industry.
Ye Zhiming also has a characteristic, that is, he played pai gow with Zheng Jiachun and Zhao Zengguang back then, and he didn't care about winning or losing millions, and he can be described as a character who regards money like dung.
"Mr. Lin, hello, I'm Ye Zhiming!" As soon as Ye Zhiming saw Lin Zuhui and Zheng Yutong walking together, the rest of the people such as Zheng Jiachun and others could only be one position behind, and they didn't know who was so young that they had this card.
"Ye Sheng, I've heard of you, you've been defeated and fought repeatedly, it's legendary!" Lin Zuhui quoted a sentence from "Zeng Guofan", which is a must-read for those who have become a big event.
After Ye Zhiming heard this, he really felt very honored, and happily took out his business card.
Generally speaking, Lin Zuhui would not give people his business card, but I don't know why, he took out his business card and gave it back to Ye Zhiming today.
"Let's talk another day!" Lin Zuhui said politely before leaving.
"Okay Lin Sheng, you're busy!" Ye Zhiming was even more polite.
Although he is twice as big as Lin Zuhui, Xiangjiang only looks at his wealth, Lin Zuhui is rich and powerful, and now he is at the level of the top ten chaebols and the heads of the four major families.
At this time, Lin Zuhui's achievements have long surpassed the achievements of Da Liu in his previous life, and it is enough to enter the top ten chaebols before the stock market crash. At least you can squeeze out the Shao Lao Liu and Chen Zengxi families and rank in the top ten.
Lin Zuhui controls five listed companies, with a market value of nearly 10 billion, which can be described as Weishui Xiangjiang.
At the same time as his financial resources are growing, Lin Zuhui's power is also expanding, and using Wanhui Media, he has joined the core of many social organizations and made friends with important people in the Hong Kong government.
After Ye Zhiming left, Zheng Kar-chun reminded: "If he asks you to take over the resort, you have to think about it carefully, I have lost a lot of money there!" ”
Lin Zuhui smiled and said: "Naturally, I am not interested in his resort, but I fancy his strength in the entertainment industry!" ”
When Pan Disheng heard this, he asked: "You have DreamWorks Film Company, and the box office this year is as high as nearly 90 million, and you can still afford his film company." His film company makes some small productions, don't you look down on small productions the most? ”
DreamWorks was only handed over to Debao for management, and the actual boss was Lin Zuhui, who could take back the management at any time, so Pan Disheng said so. And Pan Disheng spent 30 million to buy forty percent of the shares, and he has already earned a lot back with "The True Colors of Heroes 2" and "Rich and Powerful", so he really admires Lin Zuhui.
"DreamWorks can try to develop the record industry, and then it's time to cooperate with everyone, and then Brother Pan, you can discuss it together!"
"Okay, no problem!"
Doing business with Lin Zuhui is a steady profit, and there is a saying in the Xiangjiang industry.
The group walked and chatted, and then found a restaurant to have dinner before parting ways.
Zheng Yutong also did not dislike a group of children, and chatted happily with everyone.
......
A new week begins.
Lin Zuhui's influence continues to be hot, with six of his listed companies rising sharply, and the Hang Seng Index also breaking through to 2,500 points, and the stock market is booming.
Even the market value of 'Cathay Pacific City Hotel Management', which was once sung down by the industry, has returned to 600 million, and the market outlook is strong.
No one questions Lin Zuhui's earning ability anymore, and the annual profits of New Era Real Estate and Chinese Real Estate have silenced everyone.
In the office of New Era Real Estate, Lin Zuhui is waiting for his subordinates to report to work.
After a while, Chen Bin, who was in charge of developing the real estate business, came to Lin Zuhui's office.
Chen Bin is in the prime of life, before Lin Zuhui entered the New Era Real Estate, he was responsible for the development of the real estate business of the New Era Real Estate; However, at that time, the new era real estate is in turmoil, and all its real estate projects are unfinished due to financial problems, and even Chen Bin is in a state of unemployment.
After Lin Zuhui became the owner of New Era Real Estate, he essentially looked down on the original management, but Chen Bin was very smart to lean over as soon as possible and assisted Lin Zuhui in controlling the company.
With this credit, Chen Bin has risen in recent years and is responsible for the development of real estate in the new era; You must know that there are now 12 real estate projects under construction in the new era and 3 cooperative real estate projects, and the annual supply of residential buildings can be ranked among the top ten real estates. (The market value can definitely be ranked, but the market value of real estate in the new era is very sufficient)
Chen Bin saw the boss slowly tasting tea, he also tasted the tea made by the boss's assistant first, and then said unhurriedly: "Boss, I'm here to learn from you, next year, the number of real estate we will invest in, is it a few percent, I can make a plan?" ”
The general direction of the company is in the hands of the boss, so Chen Bin's move is right and wrong, and Lin Zuhui will not blame him for not having a sense of leadership.
"Thirty percent, be a little conservative, anyway, you can increase or decrease it according to the situation in the later stage!" Lin Zuhui quickly had an answer.
If after the '87 stock crash', Xiangjiang Real Estate temporarily fell into a real estate slump, Lin Zuhui would not hesitate to order the company's real estate to be sold at a reduced price, and it would not hurt to 'top the bad market' a little, as long as the general profits were released, and the return of funds was the first element.
Chen Bin nodded and said, "Okay, then I'll make a plan for the new year, our real estate start!" When the time comes, I'll show it to you. ”
"Yes. After our 600 million yuan of funds to buy land and old buildings, I may seek a loan next year to continue to buy land and real estate to ensure that our industrial raw materials are sufficient. ”
"The boss is smart, our current debt ratio is only less than 30%, and we can indeed take out another loan!"
Chen Bin thinks about it and feels that the boss is very powerful, at this time, the asset value of the new era real estate is as high as 6 billion, and the debt is only 1.7 billion; Although the debt limit has not decreased, the debt ratio has been greatly reduced.
After Chen Bin left, Lin Zuhui suddenly remembered that the real estate department of the new era really had a way to reduce the debt before the stock market crash.
That is: before the stock market crash, sell the shares of Chinese Estates and Cathay City.
For example, New Era Real Estate currently holds 49% of the shares of ACN and Cathay Pacific, and can sell 19% of the shares.
In this way, there is no need to worry about someone sniping, the reason is very simple, after the stock market crash is over, it will be enough to take back a part of it, and it is enough to maintain it below 45%.
In the same way, ACN and Cathay Pacific can also reduce their weight before the stock market crash and pick it up after the stock market crash.
In this way, it is very profitable to sell and buy!
......
In the afternoon, Wang Qilin took his son Wang Jinchu to Lin Zuhui's office.
"Uncle Wang, eldest brother, do you have nothing to do but go to the Three Treasures Palace?" Lin Zuhui sat on the sofa with the two and chatted.
Wang Jinchu is his eldest brother, who has been back in Hong Kong for almost a year and has been studying in Gaosheng Real Estate. Speaking of which, Wang Jinchu was able to give up the outside world of flowers and return to Hong Kong to help him Lao Tzu, as well as Lin Zuhui's credit.
After returning to Hong Kong, Wang Jinchu no longer misses abroad, and Lin Zuhui also introduced him to Pan Disheng and Zheng Kar-chun, a group of rich second generations, which can be regarded as squeezing into the top second generation circle.
Wang Qilin said: "Do you remember the land I used to merge with the building on Electric Road in North Point? ”
"Do you remember, I worked on that project for a few days!"
The project itself was proposed by Lin Zuhui, and if it weren't for Lin Zuhui's proposal, Wang Qilin would have lost a commercial building if he didn't do it well.
Wang Qilin nodded and said with a smile: "After nearly two years of hard work, all the owners of the electric road have agreed to sell!" The site was originally 15,000 square feet of residential land, but now the electric road has been successfully merged, and 18,000 square feet of commercial land has been added. We only need to apply for the conversion of residential land to commercial land on Wang On Road, and we can build a Grade A office building with more than 20 storeys and a 500,000 square feet of rent-collecting property. ”
Lin Zuhui nodded, the number of floors of the office building, and the proportion of the floor area, are all decided according to the planning department; However, the planning office made the decision based on various factors such as the buildings in the vicinity.
There is no problem with building a 500,000-square-foot Grade A building on that piece of land, because three sides are streets, which is equivalent to unobstructed, and the plot ratio can be appropriately improved. In the building regulations, unilateral, bilateral, and trilateral means the question of the amount of the plot ratio, and the unilateral is that only one side is an unobstructed building.
There is also a situation where the land in Central can be infinitely taller, with buildings next to each other. For example, Lin Zuhui's Entertainment Building, which covers an area of only 5,800 square feet, means that the area of one floor can reach about 5,800 square feet, and it can be repaired to 32 floors. Otherwise, the highest value of this building in the previous life would not be as high as 8 billion.
The location of the entertainment line is a place with high customer traffic, which also affects its value.
"So, are you interested in participating in the joint construction, our two companies will work together to build a first-class building, and then use it to collect rent!"
Lin Zuhui's face was happy, although the office buildings in North Point are not as good as Central, Wan Chai, Causeway Bay and other places, but it is also a 500,000 office building.
"Of course it's no problem, I can't ask for it!"
Wang Qilin nodded and sighed: "If it weren't for your reminder, I wouldn't have decided to spend nearly two years to merge the buildings, and I might not even think of merging the buildings on the electrical road." Although it was a lot of difficulties, I almost didn't fall asleep all night after the merger. ”
However, after the successful merger of Electric Road, its value may be nearly ten times that of the residential part of Wang On Road.
A high-quality building is the dream of real estate developers!
Wang Qilin has been a real estate developer for many years, especially so.
Now he has not only become a medium-sized real estate developer, but his wealth has more than doubled compared to before he met Lin Zuhui, and he can soon own a headquarters building.
He not only regards Lin Zuhui as his son-in-law, but also regards Lin Zuhui as a nobleman!
"This building will be the headquarters building of Gaosheng Real Estate in the future!" Lin Zuhui said with a smile.
Wang Qilin nodded and said, "Yes!" Looking for you to cooperate, it is also taking into account the land and construction costs of this project, which requires an investment of almost 500 million, and the exclusive construction is too risky. ”
There is no risk at all, but Wang Qilin is a veteran real estate developer who likes to diversify his investment; One project loses money, and several others make money, so it's foolproof. What's more, this is a commercial building for rent, and the payback period is very long.
Next, the two sides briefly discussed the proportion of cooperative shares, with New Era Real Estate accounting for 30% of the equity and Gaosheng Real Estate accounting for 70% of the equity. The two parties first formed a company, and then injected funds proportionally to buy Wang Qilin's land, and then the new company paid for the land and undertook the construction.
As for the construction costs, naturally, they are settled through loans for the time being!
However, because it is used for rent collection in the later stage, both companies have to arrange funds to repay.
This is also the reason why Wang Qilin is willing to share it, a project with an investment of 500 million yuan cannot be sold, and it is really difficult for him to bear.
In fact, let's say a 33,000-square-foot commercial site in North Point would be worth more than $200 million.
Today, even if the land compensation fee is added, the total cost of this land is less than 150 million, which can be described as a great deal.
No wonder Lee Shau Kee likes to merge buildings so much, and some even took more than four or five years to succeed.
Lin Zuhui has already thought about this project, and New Era Real Estate will participate in the cooperation, and after it is completed, he will sell it to the Chinese Real Estate at a high price for the purpose of collecting rent.
After Wang Qilin and Wang Jinchu left, Lin Zuhui called Chen Bin, who happened to come back from outside, and informed him of the project.
"At the moment, our company has no experience in developing commercial buildings, and this time we have learned from this experience and assembled a strong team. Because, soon, we will also have our own skyscraper completely. ”
As a real estate developer, only big projects have a sense of achievement, Lin Zuhui thought in his heart.
Skyscrapers, commercial complexes, convention and exhibition centers, and large housing estates are all goals of Lam Cho-fai in recent years. Of course, when his foundation is solid, he doesn't mind investing his money in some technology industries, provided that he has enough strength to 'wave'.
Chen Bin said with a little excitement: "Well, I will form a team as soon as possible!" ”
He is a professional in architecture, and compared with Lin Zuhui, I am afraid that he regards architecture as a part of his life.
Lin Zuhui nodded and said, "Next year, we should also have our own construction company!" ”
Chen Bin's face was full of surprise, the boss said this, he must have chosen the target acquisition, but he didn't know which one!
He didn't ask too much, it was too much of a secret.
"The company is getting bigger and bigger, and we are even going to enter the mainland. Two years ago, we were a real estate company on the verge of liquidation, which is incredible! ”
Lin Zuhui smiled surgingly and accepted the flattery with peace of mind.
"It's all the result of everyone's hard work! This time I'm going to ask the HR department to recruit some senior staff to expand your development property department. ”
"Yes!"