Chapter 381: Unfinished Project

This Lao Cao is the deputy director of the construction committee of the provincial capital, and Guan Yuntian naturally attaches great importance to the information he provides, but it is the first time Guan Yuntian has heard of such a thing as taking over an unfinished project, although Lao Cao, as a consultant of Changda Real Estate Company, must have put forward this suggestion after careful consideration, but with Guan Yuntian's steady character, he is still extremely cautious about this matter, and he will not easily express his position before he clarifies the actual situation.

However, the information provided by Lao Cao still made Guan Yuntian feel moved, and when the two were about to end the call, he asked, "Director Cao, you said that the location of the unfinished project is good, what is the location of the provincial capital?" After all, he has been to it many times, and Guan Yuntian has a basic understanding of the general situation of the provincial capital.

"The location is three blocks away from the downtown square, at the southeast corner of the intersection of Taoran Road and Haichuan Road, and our planning department also thinks that the location is good. "Lao Cao Dao.

"Yes, the location is really good, Director Cao, you inquire in detail, and we will discuss further according to the situation. It seems that Guan Yuntian seems to be not interested in the unfinished project, but he is a little tempted by the location of the project.

After ending the call with Guan Yuntian, Lao Cao brushed his thoughts, and he was going to let a few friends have an in-depth understanding of the situation of the unfinished project from multiple channels.

Two days later, Lao Cao received feedback from his friends, and after summarizing and analyzing the situation, Lao Cao learned that the name of the unfinished project was "Haitian Business Center", with a total construction area of nearly 60,000 square meters, invested by a listed company.

As Lao Cao had previously guessed, in the financial crisis that swept the world half a year ago, the stock market crashed, the secondary market financing was hopeless, the project's capital chain was suddenly broken, and the construction of the entire Haitian Business Center was stopped.

According to the information learned by friends, because of the arrears of material fees, project payments and construction workers' labor fees, the project representative has been hiding in Tibet all day long, and now, the project party has been sued by a number of material suppliers, and the contractor is preparing to go to the city government to petition because he cannot get the labor fees and cannot settle the wages of the construction workers.

Maybe he felt that he was useless and restless, but after learning about the specific situation, Lao Cao immediately called Guan Yuntian, and he even wanted to take time out of the weekend to go to the headquarters of Changda Real Estate Company in person to report the situation to Guan Yuntian in person.

"Director Cao, tell me the general situation on the phone, and when I finish the work at hand, I will go to the provincial capital to find you, and we will meet and talk in detail. "For this matter, Guan Yuntian's principle has been consistent, that is, to be active and prudent, pay attention, but not blindly.

After listening to Lao Cao's report, Guan Yuntian asked him to wait, and he would go to the provincial capital for an interview in a few days.

In Guan Yuntian's view, the unfinished project must involve many problems, not that he can't trust Lao Cao, but that Lao Cao knows that the situation may not be comprehensive and in-depth, so he dialed the phone of Deputy Director Su of the Provincial Development and Reform Bureau, intending to verify it from another level, he believes that with Lao Su's position and connections, the situation should be more comprehensive and thorough.

"Hello Su Bureau, I'm Guan Yuntian of Changda Real Estate, I'm sorry to disturb your work, is it convenient to talk now?"

"Mr. Guan, hello, hello! I'm in the office by myself, as long as I don't have a meeting, it's convenient to talk at any time, what's the matter? Lao Su looked very polite.

"That's right," Guan Yuntian informed Lao Su of the unfinished project of the "Haitian Business Center" mentioned by Lao Cao.

"Mr. Guan, what do you want me to do?"

"Su Bureau, according to my understanding, unfinished projects generally have a lot of unknown insiders, although Cao Bureau also knows some situations, but in the face of such a complex project, I think it should be from multiple angles,

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Do a deeper understanding of all aspects and avoid blind action. ”

"As far as I know, Haitian Business Center was originally set up in our bureau, which is a large-scale commercial real estate project in the provincial capital, and it should not be difficult for me to inquire about some inside information, but there are some secrets within the company, and it is impossible for people to tell me all of them. ”

"Do your best, how much can you know, the information you provide as the main decision-making basis for Changda Real Estate, as for the real inside story of the enterprise, when the two sides sit down to negotiate seriously, I believe that the other party will take the initiative to say it." "Guan Yuntian said.

"That's good, I'll call you back as soon as possible. ”

Lao Su himself is the deputy director of the Development and Reform Bureau in charge of the project, and has a wide range of social contacts, he confirmed from multiple channels that Haitian Business Center has indeed become an unfinished project because of the rupture of the capital chain, and he also learned through friends in the financial department that the project has completed 55% of the total investment, and at present, the arrears of the project are more than 15 million, the material is more than 20 million, and the wages of migrant workers are about 10 million.

I have to say that Lao Su has learned more about the situation, but there is one thing that is consistent with what Lao Cao talked about, that is, the project has become an unfinished project due to the rupture of the capital chain.

"Su Bureau, what is the background of the investors over there?" Guan Yuntian didn't want to deal with people with complicated backgrounds.

"This does not need to inquire, I checked their project filing, the investor is a listed company named Fangyuan Holdings in the provincial capital, the company is engaged in the machining industry, their main business profitability is not strong, in order to enhance the strength of the enterprise, through policy support, Fangyuan Holdings was able to go public, I wanted to raise a fund in the stock market, used to develop commercial real estate, get rid of the single business model of mechanical processing, who knew that the financial crisis broke out half a year ago, the stock market crashed, the stock market financing was reduced by 40% compared with expectations, the capital chain of Haitian Business Center was suddenly broken, and the project could not be carried out。 ”

"Su Bureau, do you know who owns the piece of land occupied by Haitian Business Center?"

"I forgot to mention that the land was the site of the original Fangyuan Machinery Factory, and they have now moved to a development zone 50 kilometers away from the city center. "Old Su Dao.

"So, does the value of this Haitian Business Center include that piece of land?"

"It should be included, otherwise, a building above the ground, now such a frame, is not worth a few dollars. Lao Su said with certainty.

"Thank you for what the Soviet Bureau has learned, let me think about it first, I may go to the provincial capital in a few days to discuss this matter with you. ”

Guan Yuntian asked Lao Cao to contact the project owner of Haitian Business Center and tell the other party of the intention of Changda Real Estate Company.

To take over the unfinished real estate project in the provincial capital, it is definitely a major event for Changda Real Estate Company, according to the articles of association of Changda Group, such a major event must be discussed and approved by the board of directors before it can be implemented.

Guan Yuntian convened a temporary board of directors to inform the board members of the situation of the Haitian Business Center, Changda Real Estate Executive Vice President Lao Xue has been busy in several real estate projects in Huayuan City, and does not know much about the situation of the provincial office, he first asked: "To the provincial capital not to do commercial housing development, but to do commercial real estate?"

"I didn't change to commercial real estate, because the bidding for commercial land in the provincial capital has to wait for a few months, and the consultant we hired just provided information about such an unfinished project, I think this is an opportunity to get involved in commercial real estate, so let them inquire about the specific situation, it turned out that the project was unfinished because of the rupture of the capital chain. ”

"Commercial real estate in big cities is a big business, and commercial real estate is sought after by many developers

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Taking over this Haitian Business Center is a good opportunity to get involved in commercial real estate. Ye Jiayi said.

"The project should be good, otherwise the business owner will not invest in development. But there is a problem, taking over this Haitian business center, naturally requires a large investment, if Changda Real Estate Company also wants to bid for commercial land in the future land auction in the provincial capital, the financial side will be tight. Lao Ding, the chief financial officer, reminded.

"Funds are indeed a little tight, but because of the needs of Changda Group's development, the brothers of financial institutions should give support, right? "Doing things now, Guan Yuntian is no longer like when he started his business, worrying about funds all day long.

"Mr. Guan, the price of commercial land in the provincial capital is not like the following counties and cities, which are millions of acres of land, so we have to be mentally prepared first!" Lao Ding, as the chief financial officer, always takes precautions for the flexible operation of corporate funds.

"Mr. Ding reminded me well, as long as I pay attention to anything in advance, I will not be helpless when the time comes, and I will say hello to friends in financial institutions in advance. What is your opinion about Haitian Business Center?"

The members of the board of directors knew that this incident was indeed an excellent opportunity for Changda Real Estate to intervene in commercial real estate, but some risks still needed to be clarified, and in addition, they could see that Guan Yuntian had already been tempted by Haitian Business Center, and all expressed support for it without giving sufficient reasons for opposing it.

With the approval of the board of directors of Changda Group, Guan Yuntian can devote a certain amount of energy and resources to contact the owners of Haitian Business Center.

A few days later, the project owner of Haitian Business Center replied to Lao Cao that they were willing to transfer the project, and Lao Cao felt that his communication in it would not only affect efficiency, but also could not fully convey the meaning of both parties, and after obtaining Guan Yuntian's consent, he suggested that the other party contact Guan Yuntian directly.

Sure enough, at about three o'clock in the afternoon of the same day, Guan Yuntian received a call from the provincial capital, "Are you the general manager of Changda Real Estate Company?" Listening to the voice, the other party looked like a middle-aged man who was nearly sixty years old.

"Yes, who are you?"

"Didn't Deputy Director Cao of the Municipal Construction Committee tell you? I am the owner's representative of Haitian Business Center, you must be younger than me, just call me Lao Chu. ”

"Oh, Mr. Chu, I'm glad I'll be lucky!" Guan Yuntian said.

"I heard Director Cao say that you are very interested in Haitian Business Center, is that true?"

"Mr. Chu doesn't know, we are a real estate company in Huayuan City, and we are preparing to enter the provincial real estate market, and it was Director Cao who recommended your project to us. ”

"Well, anyway, Lao Cao is our introducer. Mr. Guan, since I have been in direct contact with you, there is nothing to hide, open the window and say something bright, because the capital chain is broken, our Haitian Business Center has now become an unfinished project, if you are interested in taking over, we can have an in-depth conversation. ”

"Mr. Chu, without an in-depth understanding of the situation of this Haitian Business Center, I think it's too early to talk about whether he is willing to take over. ”

"Then what should I do? Why don't I go to you and let's have an interview?" Lao Chu was positive.

"The interview is the best, I'll go to the provincial capital to find you. "Guan Yuntian said.

"I'm not as busy as you, I'd better go find you. Lao Chu insisted on going to Changda Group to interview Guan Yuntian, on the one hand, he wanted to see if the other party had the strength to take over the Haitian Business Center, and on the other hand, Lao Chu was chased by a group of creditors and had nowhere to hide, so he also wanted to take this opportunity to go out and be quiet.

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