In mid-August, Lin Zuhui led the team to New York again, because Olympia York's owner Riccherman was desperate.

The plan proposed by Richman and the advisory group at the 'bankruptcy protection' stage of Olympia York was not going well, and it was difficult to reach agreement among many bond banks.

At this time, Richman had to think about the worst, so he remembered the plan proposed by Lin Zuhui and decided to consider selling 8 skyscrapers in Manhattan to the New Era Group.

Therefore, as soon as Lin Zuhui arrived in New York, Richman immediately arranged for someone to lead the people of the New Era Group to inspect the eight buildings in detail.

Needless to say, the results of the inspection, at least in Lin Zuhui's view, the discount of 60% to 70% is not an exaggeration at all. The vacancy rate is over 20 per cent, and the buildings were built relatively early – two in the 40s, four in the 50s, and two in the 60s.

The age of the building means that it will have to be upgraded and renovated in the future, which is a very large investment.

Of course, even though there are many shortcomings and great risks, Lin Zuhui also plans to take it.

After all, it's a rare opportunity!

The so-called opportunity, of course, is because of Richman's cooperation, which is the basis of the discount transaction.

If it weren't for Richman's desire for Lin to contribute to London's Canary Wharf, he would have bankrupted the company and would not have sold the property so cheaply.

After the inspection, the two sides came to the conference room to negotiate.

Richman was the first to say: "Mr. Lim, if I sell these eight towers to you at a discount, are we going to sign a private agreement for the Canary Wharf project? ”

Lin Zuhui shook his head with a smile and said, "Mr. Richman, I think you should trust me, I am the richest man in China, and I have never done anything that damages my reputation." Importantly, I am very interested in the Canary Wharf project and will definitely invest in it." ”

What to do with that kind of agreement is more or less risky!

Richman looked at Lin Zuhui seriously, and then said jokingly: "Mr. Lin really has a good appetite, and he bought nearly half of my decades of achievements at one time." ”

Lin Zuhui spread his hands and said: "Win-win cooperation! I'm helping Mr. Richman make a comeback, not to mention the London project, but this deal alone may change the fortunes of Olympia York. ”

More than a billion dollars in revenue may make Olympia York's debt bank agree to some conditions, but it is not necessarily, although the odds are small, but Richman may be fighting for it.

Sure enough, the expression on Richman's face changed slightly, the reason why this was the case was that he felt that Lin Zuhui was too good at looking at people, and he did have this kind of luck.

Next, Richman said, "I want to sell these eight buildings for $160 per square foot. After all, they're my assets right now, and I don't want to be too cheap! ”

Lin Zuhui immediately said: "No one will buy this price for the next three years, and my team has investigated that large companies in Manhattan have moved away, and the economic environment in the United States has been affected." If there are no new opportunities, he will not be worth it for the next five years! If we weren't going to hold it for a long time, how could we be so risky! So, I'm hoping to close at $140 per square meter, and don't forget, you and I have strings attached. ”

The total is 11.8 million square feet of office space, which is almost the area of Chinese Estates in Xiangjiang (not counting the share of Hengjin Real Estate, but including the area under redevelopment).

Each of the eight buildings is equivalent to Central Plaza, with an area of 140~1.6 million square feet. But in fact, the height is not more than 200 meters, which is not a skyscraper, but the American building is 'strong' enough, with a floor of about 30,000 square feet.

The first floor of the 'Central Plaza' in Hong Kong is less than 20,000 square feet (78 floors, with a total area of 1.4 million square feet).

Because the area is large enough, Lin Zuhui also has to bargain seriously for the unit price per square foot! More than $150 per square foot, he won't buy it.

Therefore, the two sides went back and forth on the price, but they also took care of each other, and finally settled on $148.

This unit price is equivalent to $1.75 billion, or about $13.6 billion.

Therefore, in the end, Lin Zuhui said: "Since we have reached a preliminary intention, then both sides need to prepare next." Mr. Richman needs to convince the creditor banks, and I need to convince the lenders, that we can get the deal done in September. ”

Richman immediately said: "Our creditor bank must also be your lending bank, so that it will be easier to pass this deal." Mr. Lin, do you say yes? ”

Lin Zuhui thought about it and felt that this was really the case, the important thing was that Lin Zuhui had planned to take out loans from HSBC and Citibank.

"Yes, let's get this deal together together! To be honest, I would be more than happy to work with Mr. Richman on the Canary Wharf project. Of course, I mean that the project has to be led by you so that it can be completed as planned. ”

Seeing Lin Zuhui like this, Richman is also more touched, and he also attaches great importance to the project of 'Canary Wharf', which is much higher than the eight buildings in Manhattan.

In fact, another reason for Richman's failure in London is that his backer, Ms. Shansa, is no longer palmistry, so the subway project promised by the government has been stranded because the European and American economies have not been able to do so in recent years.

In Lim's view, if Richman redeems the project (from creditor banks), he is the second-in-command and major shareholder. Then, he can not only assist Richman in business layout, but also how to deal with the external environment, Lin Zuhui also has a good method.

For example, the first thing to do is to deal with the subway, which the London government also realized that the 'Canary Wharf' could not be shut down, because it was not good for the government's image;

You know, the Canary Wharf project will have 65,000 people coming to work in the future, you can imagine how huge the project is. Therefore, it is also very cost-effective to fund the London government with hundreds of millions of dollars.

"Thank you Mr. Lin for your trust, if there is a chance, I will definitely find you as the first investor!" Richman also knows that Lin Zuhui, an investor, is very good, and both of them are real estate company owners, so they must have a common word.

Of course, the Canary Wharf project is too large, and other investors are naturally indispensable.

New York, Citibank Headquarters.

Mr. Lin came to the office of Citigroup Chairman John Reed, the bank's second-largest individual shareholder, after Waleed. Of course, Lin Zuhui has no management power.

"Mr. Lin, are you here to care about Citibank's business conditions this time?" Reed said with a smile.

Although Lin Zuhui does not have the right to operate and manage, he still has the right to know about Citibank's experience. After all, as a shareholder, and a second shareholder, it's normal to know.

Lin Zuhui said with a smile: "Of course not, I believe that Citibank has gotten rid of all crises under the leadership of Mr. John, and I will hold it for a long time in the next ten years." ”

It can't be ten years, and he will definitely start to reduce his holdings in the first quarter of 2000.

The Internet bubble is also a blow to banks.

John Reed heard Lin Zuhui's praise and trust, and immediately became more comfortable. In fact, Lin Zuhui is not only a big investor in Citibank, but also an ally and important partner of Citibank, especially in Asia.

For example, in Xiangjiang, Citibank's headquarters building is the 'Citibank Treasure Center' in cooperation with New Era Group. Citibank has a two-percent stake, and the investment is also very profitable.

With a total area of 1.6 million square feet (two buildings), the value of the Citia Centre is likely to be worth more than 10 billion yuan according to the current price of office buildings in Xiangjiang, and it has doubled in value before it is put into use.

Reed said with a smile: "Thank you Mr. Lin for your trust!" ”

He knows that the share price of Lin Zuhui's personal investment is $12 per share, and it has not yet returned to its original capital; However, the investment of New Era Group has almost reached a rate of return of more than 25%.

Then, Reed asked, "So what happened to Mr. Lin this time?" ”

Lin Zuhui told Reed about the eight skyscrapers that he was preparing to take over the 'Olympia York Company'.

Reid was surprised to hear that almost no one was buying the office market in Manhattan now, and the market sentiment was very pessimistic. Lin Zuhui's opposite behavior surprised him very much.

However, he did not advise Lin Zuhui, after all, Citibank needs a loan business, and the real estate in Manhattan, New York needs someone to save it.

It can be said that as an American entrepreneur, the capital of Hong Kong is eager to come to Manhattan to buy properties.

In fact, in recent years, Heung Kong Capital has indeed been buying properties in Manhattan, but it is buying high-end apartments near Central Park, and there are a lot of buyers.

"We at Citibank are very supportive of this deal, both to improve the situation at Olympia York and to get a loan," Reid said. But how much does Mr. Lin plan to borrow? ”

Lin Zuhui said: "A total of $1.1 billion in loans is needed, and I plan to use Citibank and HSBC as the main lenders. ”

Reid immediately asked, "What mortgage?" ”

Lin Zuhui said with a smile: "How is the office building in Xiangjiang? At present, the real estate in Xiangjiang is booming, and the office buildings are very prosperous, which is believed to be the best collateral. ”

Reed believes that Citibank also attaches great importance to its business in Asia and hopes to return to the mainland based in Hong Kong.

"Yes! We are willing to take on a $500 million loan and are willing to close the deal! ”

"That's great! If this deal goes through, we'll have a bigger loan for you next year, but rest assured we have quality assets to secure. ”

"Haha, Mr. Lin said with a smile, we trust you very much. Your company is perfectly run and has a lot of assets, but very little loan. You're not the 'Canadian man', you're a truly gifted businessman. ”

Lin Zuhui's influence in the United States far exceeds that of Li Chaoren, especially on Wall Street. At present, Hengjin Investment is an investment company on the face of Lin Zuhui, holding shares in Microsoft, Nike, Starbucks, and Citibank, and is also well-known by Wall Street in the United States.

Of course, they know you well, but they don't know the specific amount of investment, after all, some of the investment has been processed by an offshore company.

As for the investment of family offices, they all use offshore companies and cross-shareholdings, which is very low-key.

In fact, Lin Zuhui's assets should be four doors: the first door of company shares, the second door of Hengjin investment, the third door of family office, and the fourth door of 'concubines'.

He has so many concubines and children, as long as it is not 'Adou who can't be supported' in the future, Lin Zuhui will support their '10 billion net worth' plan.

This is also more in line with the 'egg investment philosophy'.

After negotiating with Citibank, Lin Zuhui asked Buffett to have a party together.

As soon as the two met in the restaurant, Buffett gave a thumbs up.

"Mr. Lin, it is undoubtedly a very good time for you to invest in General Dynamics stocks this time!"

Lin Zuhui invited him to sit down, and then said: "Only invested 100 million US dollars, where are you bold, it is said that you added more than 3 million shares?" ”

Buffett did not deceive Lin Zuhui, but said directly: "Yes, but I invested after discovering that General Dynamics bought back shares, so the cost price is around $72." Your cost should be around $60, right? ”

Lin Zuhui also said truthfully: "Yes, about sixty-two dollars!" ”

Seeing that Lin Zuhui was so powerful, Buffett couldn't help but want to test Lin Zuhui's ability, so he asked: "Why did Mr. Lin choose to invest in General Dynamics?" Can you give me a reason? ”

It's cool to be able to teach the god to do things!

Lin Zuhui said calmly: "Since Anders became CEO of General Dynamics, he has obtained more than $1.2 billion from the sale of assets and laid off thousands of employees. And General Dynamics itself has a very good cash flow, plus another amount of cash, and the business has been determined to be the main business. So, Mr. Buffett guesses, how do they spend all this cash? ”

"Haha, Mr. Lin is the god of stocks! When they bought back the shares, I actually guessed that they were going to pay out ordinary dividends and special bonuses, so I invested more. ”

"So, if investors can get dividends and the stock price can rise, this stock is naturally worth investing in," Mr. Lin said. ”

In fact, Lin Zuhui is pretending to be a ghost and playing a big knife in front of Buffett.

The reason why he invested in General Dynamics was because he had seen Warren Buffett invest in this project in his previous life, and the purchase price was $72 per share, and then it rose to more than $110 in a year and a half.

Importantly, the dividend per share during the period was as high as more than $50, the ordinary dividend was more than $2 per share, and the special dividend was $50.

So Warren Buffett has a 110% return on this project.

Based on this, Lin Zuhui did not hesitate to choose to let New Era Group invest 100 million US dollars.

As for why he didn't invest himself, Lin Zuhui was not heartbroken at all, in his opinion, the New Era Group was his weapon and shield.

Without a strong New Era Group, his social status and wealth would not match, and he would be easily targeted at that time.

(End of chapter)