586 Hongkong Land's Grand Development
With a normal loan with no risk interest,In exchange for the opportunity to build a wholly-owned hotel in Shanghai in the future super first-tier city,It's really cost-effective,Not to mention,The loan itself is also a normal business for Hisense Bank,It's just because it's normal,It may not be so profitableγ
After Director Pan left with a satisfied expression, Chen Zhiwen immediately arranged for his subordinates to contact Dong Youwei, the person in charge of Hongkong Land, who was still in Hong Kong, and asked him to come to Shanghai immediately.
It's just that the order will come soon, but the efficiency is not so high, this era from Hong Kong to Shanghai planes do have, but very sparse, often only a few days of flights, not to say that Hong Kong or Cathay Pacific does not pay attention to the mainland, but from Hong Kong to the mainland, most of them are to Shenhai City or other places in eastern Guangdong, or to the capital Yanjing, other places, including Shanghai City, tourists can be said to be not much, that airlines will not be stupid to increase flights.
Fortunately, this matter is very important, but it is not very urgent, and at noon on the third day, Dong Youwei came to Shanghai, and Chen Zhiwen invited him to a light meal at the Peace Hotel by the way.
"Lao Dong, I decided to equip you with a plane!" Chen Zhiwen said suddenly.
"Huh? Plane? Dong Youwei was taken aback after hearing this, it is normal for the company's high-level to be equipped with a house and a car, but with a plane, or have you never heard of it? is their own boss, bought a private jet, before this incident appeared, Hong Kong's business giants did not have such an operation, that is, the former richest Chinese Bao Yugang or the Keswick family members of the Jardine Matheson Group or Taipan, etc., are also in a normal commercial plane, at most there is money to do first class, and when it is urgent, just find Cathay Pacific to charter a plane, but it is generally very rare, unless it is a group dispatch.
Chen Zhiwen's worth far exceeds that of the former wealthy family in Hong Kong, and it is not outrageous to buy a plane, but it seems a bit too extravagant to equip his subordinates with a plane, right? Dong Youwei, Zhou Jiayang, Lei Shengli and others have only taken the boss's private jet.
"Don't be too surprised, it is not common for senior executives of large companies to have private jets in Hong Kong or Asia, but it is normal in the United States and Europe, especially in the United States, many of the world's top 500 CEOs have their own airplanes." Chen Zhiwen said: "This is mainly because your people's time is very precious, if you take a commercial plane, sometimes you may need to wait for a few days for a flight in a hurry, and you need to wait for a few hours at the airport.
Besides, an airplane is not for one person, not only the CEO, but also those of the company's top department heads or shareholders can use it, as long as it is used more, if it is evenly spread, plus the time saved, it is not expensive.
For us, there is more than one company, in addition to Hongkong Land, Hutchison, Midea, Red Bull, Hisense Bank and even Wharf Hong Kong Electric can be used, Hong Kong can be said to be half an island, where you need to fly, it is really very efficient to use. β
"That's true, what Chen Sheng said makes a lot of sense." Dong Youwei nodded, he suddenly received an order from the boss, and hurriedly arranged for someone to buy a ticket, but the next flight was three days later, and there was no ticket, or the assistant spent a little relationship, entrusted the insider of Cathay Pacific to contact the passengers who had bought the ticket, and then bought a second-hand business class ticket at a high price, otherwise, he could only wait a few more days, or go to Shanghai by land.
This is too much time for the CEO of a large company, that is, Hongkong Land, a company whose main business is rent collection, is currently busy with the development of several plots of land, many trivial matters of Disneyland, and the Mandarin Place project above the Admiralty Xindiwang. It's worth wasting a week because of traffic problems. Global companies such as Midea and Red Bull are busier and need to travel more frequently.
"It's just a trivial matter, after you go back this time, find Lei Shengli, Zhou Jiayang, and a few people to discuss it together, to see what type of aircraft to buy, it is more convenient to buy a few models, now many international business aircraft companies, the general range is two or three thousand kilometers, this distance, with Hong Kong as the center, can basically cover most of Asia, and a little farther in the middle of the refueling, it may not be convenient to go to Europe and the United States." Chen Zhiwen said again.
As an executive of a large enterprise, as long as the results are good, but it is not enough to buy a Boeing 747 like yourself, from a practical point of view, a flight range of two or three thousand kilometers is enough, and such a small plane is much stronger than the 747 in terms of portability, and any small airport can take off and land.
As for going to Europe and the United States, in fact, it is not impossible, it is just a little tossing on the road, and besides, going to Europe and the United States are planned in advance, and it is really not possible to do commercial flights.
"Okay, no problem." Dong Youwei agreed, this in itself is also a good thing for them, who doesn't fantasize about having a private jet or a private yacht! As a part-time worker, even if the income is very high, maybe you can buy a yacht, but it is basically not suitable, it is too high-profile, but the airplane is not a pure enjoyment tool, it also has commercial value in business, the boss buys it, and they can use it conveniently.
"Well, how are the talks at Disneyland?" Chen Zhiwen asked again.
Hongkong Land's most important task at present, is still the cooperation with Disney, even if it is to build a hotel in China, the importance is not comparable, the hotel can be built at any time, at most it is a matter of making a little more and making a little less, but Disneyland needs to negotiate as soon as possible, because Hong Kong's real estate market, once it really starts to explode, the more it goes to the back, the more unfavorable it is to Hongkong Land and Disney, and the Hong Kong government will inevitably be able to sit on the ground and start the price.
"At present, the site has reached an agreement with the Hong Kong government, and it is set in Sai Kung District, close to Kwun Tong, and it is not very far from the seaside, and people on Hong Kong Island can also go directly to the location of our future park through the Hung Hom Harbour Tunnel, which is not a very detour, and the same is true in the New Territories." Dong Youwei said: "There are still some problems, the land area we need has been negotiated with the Hong Kong government, almost 1.1 square kilometers, but Disney has not yet finalized which projects to build in Hong Kong."
The second is the price issue, we also want to try our best to reduce the price, the Hong Kong government naturally also wants to increase the land price, there is still a gap of almost 600 million, we try to control the price within 2 billion Hong Kong dollars.
The third is some traffic problems, mainly Disney, they are not very satisfied with the surrounding traffic, and hope that the Hong Kong government will repair the roads leading to Disneyland in many parts of Hong Kong or expand new roads, which will have a certain financial pressure on the Hong Kong government, so it is still being discussed. β
"In terms of roads, you don't really have to ask the Hong Kong government to repair all the roads, just cover most of the Hong Kong people, and those places with inconvenient transportation, where you live, are unlikely to be potential customers of Disneyland, so you don't have to worry too much about these, and in the future, if the economy of these places is really good, then the local traffic will naturally be able to improve." Chen Zhiwen thought for a while and said.
If the increase in land prices in the future is not very large, then Chen Zhiwen is not in a hurry, just talk slowly with the Hong Kong government, but now, there is no need to affect watermelons for some small sesame seeds.
"Okay." Dong Youwei nodded and agreed.
"If the price of land is to be set as soon as possible, if it is not within 20, then try to control it within 22." Chen Zhiwen said: "There is no need to continue to delay for the sake of these 200 million, the park will be built as soon as possible, and we can also make a profit as soon as possible." β
In 2010, a buyer bought a house, and finally lowered the price for 50,000 yuan, and the seller did not let it, but the next day, the house price rose by 100,000, and the buyer was anxious, and finally gave 150,000 more than the price on the first day, which once became one of the top ten jokes on the Internet in the mainland that year, but it was a real event, and I don't know how many times it happened in the mainland at that time.
Today's Hong Kong is about to enter such a stage, Chen Zhiwen doesn't want this kind of thing to happen, and losing money is still regarded as a joke. In fact, if it weren't for the fact that Huaying was still negotiating for Hong Kong last year, he would have invested one step earlier.
"Understood, Chen Sheng." Dong Youwei said with a smile: "But if we give in a little, I want to negotiate with the Hong Kong government again, and take advantage of the situation to get another piece of land near Disneyland, so we can't lose anything." β
"Okay, you can do it, in short, you have to solve it quickly." Chen Zhiwen said with a smile, this is actually a step down, just like when you can't pay a bargain when buying vegetables, you can only take a few garlic by the way. Business negotiation may be a little more advanced, but it's all about human nature.
"Then it's up to Disney's side to decide, and I'm not too easy to ask about this part." Dong Youwei said again.
"Well, I'll go to Eisner about this. However, how to build the interior of the park is our internal matter, first take down the land, and give the whole project down, so as not to have too many dreams at night. Chen Zhiwen said.
"Okay, then after I go back this time, I will reach an agreement with the Hong Kong government as soon as possible." Dong Youwei said.
"Hmm." Chen Zhiwen nodded, and said: "Before on the phone, I have also told you about the matter, Shanghai has reached a new agreement with me, Mandarin Oriental Hotel can be wholly owned in Shanghai, then our previous strategy, in other places remains the same, but in Shanghai, to invest heavily, do you think, Shanghai can build a few of our five-star hotels?" β
"With the current number of international tourists in Shanghai and the internal demand on weekdays, it is not a problem to have 10 seats, but it is not possible to build all of them, I think, building 5 is about the same." Dong Youwei said in an analysis.
"Actually, it's about the same, but I'd like to be able to build more." Chen Zhiwen said with a smile: "Double, we have built ten hotels in Shanghai, now it is indeed a little more, but I believe that in ten years it will be completely different, the number of international tourists here will increase exponentially, and if the entire domestic economy is strong, the number of internal tourists will be very large." Our hotel is definitely not at a loss.
It's similar to Hong Kong in the 60s, when you said that we built 10 office buildings in Central, Tsim Sha Tsui, and you might think you couldn't rent them out, but in fact, after 10 years, the business was completely full. β
Now in Shanghai, it is not possible to build office buildings for outsiders, otherwise Chen Zhiwen will come to invest in 30 buildings, which will not be too much in the future, and can only build hotels, because there is competition between hotels, they can only be scattered, so the number is much smaller, plus Shanghai itself will have many other hotels, and it is impossible for Chen Zhiwen's family to eat alone in this field.
"There is such a possibility, but in this way, the consumption of our funds is very large." Dong Youwei said: "Unless we build a smaller hotel. β
In the past, Chen Zhiwen's requirement for the Mandarin Oriental hotel in the mainland was to be as luxurious as possible and have more rooms, not only to invest in real estate first, but also to open up the popularity of the hotel, and to take advantage of the blank market in China to win everyone's awareness first.
Originally, the relevant budget, Hongkong Land has also been prepared, 20 open cities in the country, they will carry out 4-5 a year, and then each is a joint venture, plus now that Hong Kong real estate is rebounding, Hongkong Land's credit line has also increased, in the case of using loans, the demand for funds can be controlled, and now suddenly there are ten new wholly-owned hotels, and the pressure is completely different.
"It's okay, I will inject capital into Hongkong Land separately for big projects in China, just like Disney." Chen Zhiwen said.
Although Hongkong Land is large, it will not be able to withstand so many large-scale projects at once, and Chen Zhiwen is also specially raising funds from accounts in foreign tax havens to return to Hong Kong for Disneyland and domestic hotel investment plans.
After all, with so much money saved, it is a trivial matter to need to pay interest to others, and it is a big deal not to be able to cope with inflation. In the past few years, Chen Zhiwen has also been slowly transferring these funds to the Japanese market, where there will soon be a feast of capital, but some of them will also be given to Hongkong Land or Hutchison to invest in the mainland.
Although generally speaking, the return on investment in the mainland is certainly not comparable to that of Japan in the next five years, some high-quality projects can still be surpassed, such as the highways with the largest traffic in the future, the future super-large ports, the Yanjing International Trade Center, etc., or, today, luxury hotels can be built in the core of Shanghai.
"Then if that's the case, there's nothing wrong with Hongkong Land." Dong Youwei said again: "Can you go to Shanghai and agree?" We build 10 hotels at once? β
"There is no need to build ten buildings at one time, that's crazy, the central government will not necessarily agree, build three buildings first, and then speed up, open within two years, I don't think the business will be bad, so that the next few buildings will be built, before 90 years, all the projects will be implemented." Chen Zhiwen said.
A few decades later, there were less than 100 five-star hotels in Shanghai, and it was enough to occupy 10 by yourself.
The quantity is not the most important thing, the location is, which is why we are here to invest in Shanghai now. (End of chapter)