Chapter 540: Arch Fire
After the private jet matter was settled, Lin Zuhui flew from Seattle to Vancouver with the two United States.
Vancouver is one of the key strongholds of the Lin Zuhui family, and it is currently arranged for Wang Zuxian to immigrate here, where she owns a villa worth 5 million Canadian dollars (about 40 million Hong Kong dollars).
As for other assets, they have not yet been purchased because there is a better investment direction.
For example, the 200 million cash given to Wang Zuxian last year bought all Microsoft shares, according to Lin Zuhui's prediction, these two investments will be returned by the end of 1999 40~5 billion Hong Kong dollars, and the rest of the women are the same.
Therefore, Lin Zuhui wants to get rid of nearly 25 billion US dollars of wool on Microsoft, including 2% of Hengjin Investment, about 1.2% of New Era Group, and about 1% of Seven Women.
Of course, he will not 'make the last penny', almost in August 1999, he will let the New Era Group take the lead in liquidating the position, and then Hengjin Investment and Seven Girls will slowly liquidate the position, only need to close the position in the first quarter of 2000.
Pine Cres Road, Vancouver.
The three of them returned to Wang Zuxian's villa, which is almost one of the largest villas in this area, and this area is a concentration of luxury villas in Vancouver, and the number is very large, not a thousand, but also hundreds.
In Vancouver, you can call a high-end villa, first of all, you have to consider the floor area, after all, this is a detached house, which is equivalent to a villa where most people live, and an apartment where a small number of people live.
Therefore, the distance between the villas, the floor area of the villas, and the geographical location of the villas are the evaluation of whether they are high-end villas in Vancouver.
Wang Zuxian's villa covers a large area, and there is a swimming pool (which is hardly needed in the weather here), a lawn, and a tennis court. Her villa itself is not worth $5 million, but it is so expensive because it cost millions of dollars to renovate it.
If it is in Xiangjiang, the value of the same villa needs 150 million ~ 200 million Hong Kong dollars, which is four or five times worse. It can be seen how expensive the property in Xiangjiang is.
Many high-rollers in Xiangjiang go to New York's Central Garden to buy high-rise apartments, adding up, they have to buy about 200 units every year, because the apartments there are not half as expensive as the luxury houses in Xiangjiang.
Lin Zuhui didn't understand why the property in Xiangjiang is so expensive, you say that it has a lot of small people, but there is a lot of undeveloped land and agricultural land in the New Territories.
Later, he found out that 'Xiangjiang's property is expensive' is like a big cake, which involves the interests of too many people, and if anyone wants him to fall, it is everyone's public enemy. And the largest group of this interest group is the citizens of Xiangjiang, these people either hold a lot of properties, or are speculating in real estate, or even citizens who own a house, will not let the real estate fall.
It's like a new team came to power in the previous life and launched an 85000 plan, but the relevant personnel of the Hong Kong government often received threatening letters.
To put it simply, half of the people in Hong Kong do not want real estate to fall, but to rise;
Probably less than 30% of the citizens want housing prices to plummet so that they can live in a house (in fact, if it has plummeted, most of them are afraid to buy it, thinking that it will fall again).
In this case, it is difficult to make real estate plummet without external factors. When the Asian financial crisis hit in the previous life, Xiangjiang Property would probably fall by 50% (on average), but in fact, it had risen several times in the early stage, so even if it fell by 50%, it fell to the level of 1993~1994.
Therefore, the biggest force in Hong Kong that does not want housing prices to fall is the majority of citizens, who either own properties or are speculating in real estate...... On the other hand, in the place before Lin Zuhui crossed, real estate companies thundered one after another, property prices 'should not fall', and the vacancy rate was so high, as if there was a big hand covering the sky, just not letting it fall.......
At this point, Lin Zuhui feels that Xiangjiang is still good, at least when Xiangjiang Real Estate should fall, it still plummeted.
In the oversized bathtub, Lin Zuhui was soaking in a hot bath, lying on top of the bathtub, and the four jade hands behind him were holding it just right, which made people extremely comfortable. Men don't have to go to An Mo's store to experience this feeling, and it's okay at home, provided that your wife is willing to give you An Mo, instead of beating you with her fist.
"Brother Hui, are you coming to Vancouver this time for work, or are you going to spend a vacation with the two of us?" Wang Zuxian asked curiously.
Lin Zuhui said: "Isn't it already on vacation with you!" Of course, tomorrow I have work. ”
"What about the day after tomorrow?" The two women asked in unison.
Lin Zuhui flipped over, leaned against the edge of the bathtub, and then motioned to the two of them, and then, the two mermaids fell into their arms, slippery and soft, which made people feel happy.
"There is a job the day after tomorrow!" Lin Zuhui said with a smile.
"I hate it! It's work every day, and you're so young, you look like an old man. Guan Jiahui said dissatisfiedly.
"That's it, what do you do with so much money!" Wang Zuxian also came up and said in a coquettish voice.
At this time, a man will not be indifferent, Lin Zuhui hugged the two, looked left and right, one was delicate, the other was charming, which made the man's heart move.
"Before returning to Hong Kong, I will definitely take a day to accompany the two of you!"
"Really?"
"That's pretty much it!"
The two girls excitedly arched in Lin Zuhui's arms, and the result was that they were on fire.
.......
At present, New Era Group has a big project in Canada: Gaohao Port Real Estate Project. This is by far the largest investment of New Era Group in Canada, although it only accounts for half of the shares.
Originally used as an industrial site for the Canadian Railroad, the industrial land on the south shore of Viagra was converted to residential and commercial use in the 1980s as Vancouver's economy transitioned. The land cooperated by New Era Group is 64 acres, which is equivalent to the land area of Taikoo Shing in Hong Kong. Of course, this is the construction of high-end residential apartments, so there are only 2,200 high-end residential units in number; In addition, there is a 2 million square feet of commercial space and a five-star hotel with 300 yacht berths.
For this project, Lin Zuhui's plan is to get all the property equity of the commercial and hotel before the completion of the project, and keep it for rent collection.
In addition to the real estate project, it was originally intended to acquire a chain store, but it was eventually abandoned for the simple reason that the cost was too high and the risk was too great.
Therefore, at present, the assets of New Era Group in Canada are mainly real estate and hotels, the hotel is a listed company in Canada, and it is also the largest executive hotel in Canada, with 7 third- and fourth-level executive hotels with a total of 1,600 rooms.
Lin spent two days inspecting existing Canadian businesses and listening to investment advice on this side, and finally came to the conclusion that his funds could not be 'wasted' yet. So for the time being, we don't consider expanding investment.