The beginning of March, Manhattan, New York.

Futura Property Investment Management Co., Ltd. has moved to its own property, 245 Park Avenue.

In the conference room, Lin Zuhui looked at the senior staff and felt that this configuration was very good; Many of the senior staff of foreigners in it are the management of the former Olympia York Company, and the introducer in Richman joined Futura Real Estate Investment Management.

"Let's start the meeting, let's talk about the project goal of the 'Fuli No. 1' investment!" Lin Zuhui said calmly.

In late February, New Era Group successfully privately raised a $500 million commercial real estate fund, which Lin Zuhui handed over to Fuli Real Estate Investment Management Company for management. Of course, Lin Zuhui is personally laying out the investment direction.

Larry (Larry), Vice President of Investment Management of Futura Properties, reported: "BOSS, according to the company's general investment direction, we have found a good project. ”

Lin Zuhui nodded, and then motioned to continue. The so-called general direction investment is to give priority to commercial properties around NYU, and preferably retail properties, i.e., shopping malls and shops. He plagiarized Warren Buffett's idea, believing that if the school can't move away, then the surrounding retail properties will naturally boom quickly.

"RTC Group (the American Restructuring Custodian) revealed last month that a retail property in College City, New York City, was intended for sale, and the property is currently unleveraged at a yield of 10% (i.e., purchased without a loan)," Larry reported seriously. ”

The yield of 10% without a loan is actually low, which means that if it is a loan purchase, minus the interest expense, the yield may be lower!

Just when Lin Zuhui felt that it was not particularly ideal, Larry's next words made his eyes light up.

"Through our survey, we found that the largest customer of this retail property occupies 20% of the rental area, but they only pay $5 per square foot, compared to the average rent of $70 per square foot for other tenants."

This is the practice of pulling traffic, and the biggest customer must be a large enterprise with its own traffic, so the original property owner made such concessions. This situation is very common in commercial real estate.

For example, several office buildings in the early stage of the Canary Wharf project in London also have a large number of ultra-low rent tenants, which is a necessary operation to drive the prosperity of the whole project.

Of course, Xiangjiang doesn't need it, and it is already a big concession to give a 20% discount to large enterprises. Rents in Causeway Bay are twice as high as in Manhattan's Fifth Avenue.

Lin Zuhui immediately asked: "When will the contract of the largest tenant end?" ”

Larry said: "Nine years to go"

At the end of nine years, it is impossible for this largest tenant to move out, after all, long-established old customers are a great asset. Then, if the rent is based on 2001, the yield can be increased to about 35% in this nine-year period, because the rent of other tenants is also rising during this period.

$70 per square foot per month, which is too cheap, and the shops in Causeway Bay are already about $200~300, once the US economy turns around (it should be the beginning of this year), the rent of retail properties near the university town can naturally increase.

Lin Zuhui nodded and said, "Go on, I'm very interested in this project!" ”

Larry nodded happily and introduced the location, total area, and total selling price of this property.

The total is 90,200 square feet, and the price is in the range of $400 million ~ $420 million.

Very desirable price! If it weren't for the economic erosion of Europe and the United States for three or four years, it would be so cheap there.

Lin Zuhui has always been decisive in his work, and immediately asked: "Among you, those who have experience in retail property management, please raise your hand!" ”

A group of Futura senior staff raised their hands, as high as about 70%, and it seems that all of them are senior staff with rich experience in commercial real estate management. In fact, the commercial real estate management experience of Chinese Real Estate has also grown into a world-class team, which has not only introduced foreign management experience in recent years, but also formed its own management system according to local conditions.

Lin Zuhui nodded and said, "Okay, Vice President Larry will take the lead immediately and form a team to complete the acquisition of this transaction." The deal can be borrowed 50%, and when the time comes, we will reset the mortgage loan to optimize the profit margin. ”

Larry nodded happily and said, "Okay, we'll do it successfully!" ”

Next, Lin Zuhui arranged for everyone to continue to search for commercial real estate projects in Manhattan and discussed the management content. During this period, Lin Zuhui's professionalism opened everyone's eyes, and he secretly sighed that Lin Zuhui deserved to be the founder of the world's largest real estate company.

For the US$500 million 'Fuli No. 1' private equity fund, Lin Zuhui's purpose is to increase the influence of New Era Group and himself in Heungjiang, and the rate of return does not need to be too high, and more than 15% per year can satisfy everyone. Many of the shareholders in this fund, including government officials and business celebrities, occupy the absolute core strength of Hong Kong.

If there is no accident, 40% of the 500 million US dollars of Fuli 1 have already been spent (50% of the loan), and the remaining 60% of the funds only need to be invested this year. In the latter projects, Lin Zuhui asked everyone to expand the scope of retail properties on Fifth Avenue, Manhattan office buildings, and retail properties around universities. can be considered, but it needs to be discussed and approved.

At the end of the day's work, the company of beauty is naturally indispensable, Lin Zuhui and Monica came to a hotel in Long Beach for dinner.

During the banquet, Monica always looked at Lin Zuhui with affection, her eyes were so hot, her eyes were a must, like she would seduce people; At this time, Monica is still full of girlishness, but there is already a trend towards X sense.

Lin Zuhui took the menu and ordered, and soon it was a high consumption, during which the waiter couldn't help but remind 'Is it too much', which made Monica laugh.

"Thank you, we won't waste it!"

"Yes, sir!"

After the waiter left, Monica said enviously: "Hui, your English is awesome, it feels very official!" ”

Lin Zuhui couldn't help but laugh and said, "I forgot, you speak rural English!" After speaking, he couldn't help but learn Monica's earthy English, which suddenly provoked the beauty to squeamish.

This woman is very clingy, and she is very dedicated to her feelings, she doesn't care about Lin Zuhui's romance, she only cares about whether her one-third of an acre of land can be cultivated two or three times a month. This made Lin Zuhui can't help but think that Monica's husband in her previous life cheated, and this woman was willing to give birth to a second child for him. It seems that women in all countries are the same.

Monica suddenly said, "Hui, how many languages do you know?" ”

Lin Zuhui thought for a while and said: "There are almost ten languages, there are seven or eight proficient ones, and the others can only communicate simply." Of course, I should be able to speak Italian by now! ”

Monica immediately grasped the key point and said: "If I am not mistaken, when we first met, your Italian language was still only basic, and it was relatively stiff. We have been dating for 2 years and your Italian is already excellent. ”

Lin Zuhui nodded proudly, but the next words made him almost squirt.

Monica continued: "You are fluent in seven or eight languages, is that what I can understand as you have been with lovers from seven or eight countries. After all, you are so busy and you will go to learn foreign languages, it must be because of women! After speaking, she looked at Lin Zuhui funny,

"I'm not going to lie, I'll tell you the truth, you're the only foreign lover I have. I prefer to study because I don't want to waste my talents. So, do you understand? ”

I'm not lying!

Monica immediately believed it, of course she wouldn't know that Lin Zuhui's lovers were all Chinese, except for her.

"Actually, I have had such similar troubles, since I was a child!" Monica said seriously.

Lin Zuhui began to hold back a laugh, which immediately aroused Monica's dissatisfaction, and said coquettishly: "What do you mean, I haven't finished my words yet?" ”

"Haha, no, no!" Lin Zuhui still didn't hold back, he was an honest person, and he would not give up this kind of honest and high character for women.

"There must be! Tell me about it, or you won't want to touch me today! Monica crossed her arms and hugged her, just like a little girl.

At her age, it is the time when she is young and beautiful, and in a few years, she will develop into maturity and X-sense, which makes people feel like they are buying one and delaying two.

Lin Zuhui said frankly: "In my opinion, you are just beautiful, the most beautiful on the earth, you can be called a 'ball flower'." As for wisdom, we have an ancient saying in China, called 'X big brainless', which is probably described as you. ”

Monica is really not smart, let's be honest!

But Lin Zuhui also wants to say that Monica actually has no connotation, only good-looking skins, at least for now. She originally studied law in college, but she went to be a model, and when she was a model, she wanted to act, but her first play was criticized as incomplete. At present, nothing has been accomplished, and because of this, there was a late blooming "Legend of Sicily" in the previous life.

Seeing that Lin Zuhui was so honest, Monica was not angry, and asked, "Then do you like me?" ”

Lin Zuhui naturally nodded honestly, he likes to be beautiful, as long as he is not the kind of woman who likes to cause trouble for her, regardless of whether she has connotation or not, just a skin.

Monica laughed contentedly, and then recounted how she was very troubled when she was a child because she was too pretty.

This made Lin Zuhui admit that he had seen photos of Monica when she was a child, and she was indeed very beautiful, and now she is naturally even more beautiful.

After dinner at the hotel, the two went straight back to Monica's villa in Long Beach. She doesn't usually live there, but Lin Zuhui arranges for someone to clean and maintain it for her, so she can come and move in at any time.

As soon as the two returned to the villa, they immediately hugged each other, and they were not often together, so every time the two of them were together, it was almost a night and a spring supper, and they had a very good time.

took off Monica's coat, and saw that she was wearing a very X-sense sundress inside, and her good figure was visible at a glance.

Lin Zuhui's hand was on her lap, gently pulled up the black stockings, and then released, full of elasticity.

"Yesterday was the innocent Monica, today is the sexy Monica, you are a versatile stunner!" Lin Zuhui approached Monica and said.

When Monica heard the compliment, she lowered her hand honestly, and then said a few centimeters away from Lin Zuhui's lips: "You will always be so strong!" ”

"If I'm not strong, how can I conquer Monica!"

"I love this title, honey, love me!"

A thousand words, all turned into power!

Monica has four treasures: lips, bears, cheeks, and legs, and Lin Zuhui tries these advantages very seriously, and he is very gentle at first, as if he is appreciating a work of art; Although he liked the artwork very much, he could maintain his 'gentlemanly demeanor'.

He really likes this artwork so much, but it's not exactly 'his' yet, so what can he do?

The gentlemen of London will tell you - rob! Wild Man's Snatch!

Fight for her, she belongs to you!

Therefore, when Lin Zuhui found that this artwork did not fully belong to him, he had no choice but to tear off the gentleman's disguise and fight for the tiger of Yeman.

"Tear"

This is the sound of broken stockings, and this is also the sound of a gentleman tearing his face.

Then, there was the sound of cannons and guns—lying on their stomachs, more violent than a storm.

(End of chapter)