Chapter 479: [Big real estate buddy! 】
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Chapter 479【Real estate friend! 】
In April, a newspaper published the top ten real estate companies out of Hong Kong Island, which immediately attracted the attention of Hong Kong Island residents and aroused the discussion of GF;
"No, the top three are Wu Chaoren's real estate companies? Land Company is actually not in the top three?"
"I think the analysis made by this reporter is very reasonable, and Land Land cannot be ranked in the top three; look at the following, the analysis is justified and well-founded."
I saw that the newspapers and periodicals were very clear, which made people clear at a glance;
The first place, Cheung Kong Holdings, a listed company, with a market value of up to 5.5 billion Hong Kong dollars, accounting for 9% of the total market value of the Hong Kong stock market, surpassing Jardine Matheson and becoming the company with the highest market value on Hong Kong Island;
The properties owned by Changjiang Industrial are as follows:
1. Hong Kong Yangtze River Center commercial complex (property area of 2.51 million square feet), the annual rent reached 88 million Hong Kong dollars in 1970;
2, Singapore's Changhe Central Commercial Complex (Property area of 3.1 million square feet, excluding hotels.), the annual rent is expected to reach 45 million Hong Kong dollars.
3, Hong Kong New World Center commercial complex (property area of 2.2 million square feet, excluding hotels.), is expected to be completed in 1974.
4. Six Grade A office buildings in the central ring of the island (with a property area of 2.6 million square feet). It is estimated that the rent will reach 100 million Hong Kong dollars in 1971.
5. The land reserve is about 2.6 million square feet, and there are 16 sites under development, totaling about 500,000 square feet, with an annual profit of 20 million Hong Kong dollars.
6, 3 industrial buildings (property area of 50 square feet), the annual rent reaches 8 million Hong Kong dollars.
Summary: Cheung Kong's annual profit can reach about 250 million Hong Kong dollars, the rentable area reaches about 11 million square feet, and the financial situation is good.
The second place, Wharf Group, a listed company, has a market value of up to HK$3 billion. After the Wu family took power of the Wharf Group, investors have been optimistic about the development of the Wharf Group, so the stock price is still strong, which is 300 million HK dollars higher than the total market value of Land. (After the loss of Dairy Farm and Wharf, Land and Jardine’s share price began to fall.)
The properties and assets owned by Wharf Group are as follows:
1. The Wharf, with a total area of 11.8 million square feet, is estimated to be about 3.5 million square feet of commercial development rights; the deep water terminal, warehouse, ocean terminal, and harbour city (under construction) are all important on this land Property.
2, Star Ferry
3, Hong Kong Tram (holding 35%)
4. The land of the main island and the New Territories pier
Summary: The Wharf Group has a large amount of land reserves at the ‘Land King’ level, and now it has been replaced by a family that is not short of money. The future development is promising!
Third place, Cheung Kong Real Estate Company, a non-listed company; as a non-listed real estate company, it ranks ahead of Land, and the author thinks there is also a reason;
The approximate assets of Cheung Kong Real Estate are as follows:
1, Universal Tower and Cheung Kong Tower, two top buildings in Central, with a property area of 800,000 square feet, and rents of up to 4.5 Hong Kong dollars per square foot per month.
2, Star River Center (3 buildings) under construction on Salisbury Road, Kowloon, with a land area of 133,000 square feet, which is the "king of land" in Kowloon.
3. The Cheung Kong Building under construction in the reclamation area of Central District, with a land area of 53,000 square feet, is the "king of land" in Central.
4. Star Building, on the west side of Salisbury Road in Kowloon, and close to the Star Ferry Pier, is a rare commercial building.
5. Dairy Farm owns a 31% stake in the Dairy Farm. Dairy Farm owns a large amount of land on the island, 1.2 million square feet in Causeway Bay, 1 million square feet in Pokfulam, and a number of scattered land, which can be described as the “big landlord” of the island.
6. Several high-quality land plots, estimated to be around 1 million square feet of land (Author's note: 5 old commercial buildings in Central Ring, 50 high-quality properties and land, with a land area of 1.28 million square feet.)
Summary: As Wu Chaoren’s private real estate company, there are only a lot more specific assets!
When Wu Guangyao saw this newspaper, he couldn't help but touch the bridge of his nose;
"I'm still struggling towards the'Wu Bancheng' on Hong Kong Island. I didn't expect the strength to be so strong! Hey, how lonely is invincibility!" Wu Guangyao said to himself.
Although this newspaper has raised Wu Guangyao very high, Wu Guangyao knows that there are still many real estate projects and he needs to intervene;
For example, the land reserve owned by Hutchison Whampoa is one of Wu Guangyao's more important values;
Just in time, Qi Dezun has become obsessed with stocks in the past few years. In two years, the stock price plummets and Hutchison Whampoa will carry a lot of debt;
At that time, Wu Guangyao will be staying in Hutchison, which is of course a matter of course!
At that time, not only HSBC is willing to support itself, even Qi Dezun himself is willing to support Wu Guangyao;
Wu Guangyao's various conditions are much better than Li Chaoren in his previous life!
In addition to Hutchison Whampoa, Wu Guangyao still has many companies and projects that need to be involved.
Sir Zhou Xinian, Chairman of the Milk Company, took the initiative to come to Wu Guangyao's office. Wu Guangyao seemed to be a little guessing about his arrival!
"Guangyao, I don't know if you are interested in the 15% milk shares in my hand?" Zhou Xinian said in a slightly dispirited tone.
Zhou Xinian had a very sad time during this period. Although the chairman of the dairy company is still himself, with the addition of the Yangtze River and the Land Department, he can have a bit of say in the milk and ice business, such as Xin The established real estate company is completely controlled by the Yangtze River Department and the Land Department!
In addition, the stock price of Dairy Farm is good now, so Zhou Xinian has the idea of retiring!
Zhou Xinian knew that the reason why the two sides still respected him a little was because he had accumulated some contacts in official circles in the past few years;
But as time grows, these influences will gradually weaken, so I might as well cash out early!
Wu Guangyao nodded and said: "Since Mr. Zhou feels aggrieved, I won't keep you! Now cash out, you at least not lose money; now the milk company's stock price is 19 Hong Kong dollars per share, and you own 15% of the shares (total The share capital has become 25.5 million shares), how about I purchase your shares for HK$72.67 million?"
"Naturally, I have no objection! Speaking of it, I am still taking advantage. Now the market is at its peak, you don't need to spend such a big price!" Zhou Xinian exclaimed.
Xinian Zhou was right. Wu Guangyao planned to buy more shares in the dairy company when the stock market crash came;
But now Zhou Xinian took the initiative to propose, Wu Guangyao also has no reason to refuse;
Because Zhou Xinian took the initiative to give up the chairmanship, this is the most important condition for Wu Guangyao;
If Zhou Xinian has been occupying a position, Wu Guangyao is not easy to get started!
After all, everyone is Chinese, and Wu Guangyao promised him beforehand that he would retain the chairmanship of the dairy company.
Since he takes the initiative to let the virtuous now, there is no reason for him not to cherish it;
After Wu Guangyao owns 46% of the shares in the milk company, he is only one step away from privatizing the milk company;
I believe that Land Land will be very interesting to sell its shares in the past two years;
Because Hongkong Land will also worry that once the stock price drops, Wu Guangyao will force the privatization of the milk company;
At that time, they will not only lose profits, but also lose stock prices.
When the transaction between Wu Guangyao and Zhou Xinian was public, the people of Hong Kong Island shouted: "Wu Chaoren, great friend of Hong Kong Island Real Estate!"
And Henry Keswick urgently convened a high-level meeting of Land.
"No wonder Wu Guangyao is only willing to develop some small plots in the newly formed Dairy Real Estate. It seems that he has calculated that Zhou Xi will withdraw from the Dairy Company. At this time, he owns 46% of the shares and is only one step away from privatization!" Henry Cather K said.
All the executives are very curious. Even if Wu Guangyao owns 46% of the shares, it will cost at least HK$260 million to privatize the shares of the milk company. Isn't such a large price worth the loss?
Only New Bijian said: “Taban means that the land market and stock market on Hong Kong Island are in danger of falling again?”
Everyone suddenly thought, Wu Guangyao originally had this idea!
Henry Keswick said: "This is not clear, but Wu Guangyao can wait! And we can't wait, because we can't give our destiny to Wu Guangyao and wait for him to privatize the milk company at a low price."
A group of people nodded. There is really no need to participate in the milk company. Taking advantage of the high stock price, it is reasonable to cash out quietly!
(End of this chapter)
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Chapter 479【Real estate friend! 】
In April, a newspaper published the top ten real estate companies out of Hong Kong Island, which immediately attracted the attention of Hong Kong Island residents and aroused the discussion of GF;
"No, the top three are Wu Chaoren's real estate companies? Land Company is actually not in the top three?"
"I think the analysis made by this reporter is very reasonable, and Land Land cannot be ranked in the top three; look at the following, the analysis is justified and well-founded."
I saw that the newspapers and periodicals were very clear, which made people clear at a glance;
The first place, Cheung Kong Holdings, a listed company, with a market value of up to 5.5 billion Hong Kong dollars, accounting for 9% of the total market value of the Hong Kong stock market, surpassing Jardine Matheson and becoming the company with the highest market value on Hong Kong Island;
The properties owned by Changjiang Industrial are as follows:
1. Hong Kong Yangtze River Center commercial complex (property area of 2.51 million square feet), the annual rent reached 88 million Hong Kong dollars in 1970;
2, Singapore's Changhe Central Commercial Complex (Property area of 3.1 million square feet, excluding hotels.), the annual rent is expected to reach 45 million Hong Kong dollars.
3, Hong Kong New World Center commercial complex (property area of 2.2 million square feet, excluding hotels.), is expected to be completed in 1974.
4. Six Grade A office buildings in the central ring of the island (with a property area of 2.6 million square feet). It is estimated that the rent will reach 100 million Hong Kong dollars in 1971.
5. The land reserve is about 2.6 million square feet, and there are 16 sites under development, totaling about 500,000 square feet, with an annual profit of 20 million Hong Kong dollars.
6, 3 industrial buildings (property area of 50 square feet), the annual rent reaches 8 million Hong Kong dollars.
Summary: Cheung Kong's annual profit can reach about 250 million Hong Kong dollars, the rentable area reaches about 11 million square feet, and the financial situation is good.
The second place, Wharf Group, a listed company, has a market value of up to HK$3 billion. After the Wu family took power of the Wharf Group, investors have been optimistic about the development of the Wharf Group, so the stock price is still strong, which is 300 million HK dollars higher than the total market value of Land. (After the loss of Dairy Farm and Wharf, Land and Jardine’s share price began to fall.)
The properties and assets owned by Wharf Group are as follows:
1. The Wharf, with a total area of 11.8 million square feet, is estimated to be about 3.5 million square feet of commercial development rights; the deep water terminal, warehouse, ocean terminal, and harbour city (under construction) are all important on this land Property.
2, Star Ferry
3, Hong Kong Tram (holding 35%)
4. The land of the main island and the New Territories pier
Summary: The Wharf Group has a large amount of land reserves at the ‘Land King’ level, and now it has been replaced by a family that is not short of money. The future development is promising!
Third place, Cheung Kong Real Estate Company, a non-listed company; as a non-listed real estate company, it ranks ahead of Land, and the author thinks there is also a reason;
The approximate assets of Cheung Kong Real Estate are as follows:
1, Universal Tower and Cheung Kong Tower, two top buildings in Central, with a property area of 800,000 square feet, and rents of up to 4.5 Hong Kong dollars per square foot per month.
2, Star River Center (3 buildings) under construction on Salisbury Road, Kowloon, with a land area of 133,000 square feet, which is the "king of land" in Kowloon.
3. The Cheung Kong Building under construction in the reclamation area of Central District, with a land area of 53,000 square feet, is the "king of land" in Central.
4. Star Building, on the west side of Salisbury Road in Kowloon, and close to the Star Ferry Pier, is a rare commercial building.
5. Dairy Farm owns a 31% stake in the Dairy Farm. Dairy Farm owns a large amount of land on the island, 1.2 million square feet in Causeway Bay, 1 million square feet in Pokfulam, and a number of scattered land, which can be described as the “big landlord” of the island.
6. Several high-quality land plots, estimated to be around 1 million square feet of land (Author's note: 5 old commercial buildings in Central Ring, 50 high-quality properties and land, with a land area of 1.28 million square feet.)
Summary: As Wu Chaoren’s private real estate company, there are only a lot more specific assets!
When Wu Guangyao saw this newspaper, he couldn't help but touch the bridge of his nose;
"I'm still struggling towards the'Wu Bancheng' on Hong Kong Island. I didn't expect the strength to be so strong! Hey, how lonely is invincibility!" Wu Guangyao said to himself.
Although this newspaper has raised Wu Guangyao very high, Wu Guangyao knows that there are still many real estate projects and he needs to intervene;
For example, the land reserve owned by Hutchison Whampoa is one of Wu Guangyao's more important values;
Just in time, Qi Dezun has become obsessed with stocks in the past few years. In two years, the stock price plummets and Hutchison Whampoa will carry a lot of debt;
At that time, Wu Guangyao will be staying in Hutchison, which is of course a matter of course!
At that time, not only HSBC is willing to support itself, even Qi Dezun himself is willing to support Wu Guangyao;
Wu Guangyao's various conditions are much better than Li Chaoren in his previous life!
In addition to Hutchison Whampoa, Wu Guangyao still has many companies and projects that need to be involved.
Sir Zhou Xinian, Chairman of the Milk Company, took the initiative to come to Wu Guangyao's office. Wu Guangyao seemed to be a little guessing about his arrival!
"Guangyao, I don't know if you are interested in the 15% milk shares in my hand?" Zhou Xinian said in a slightly dispirited tone.
Zhou Xinian had a very sad time during this period. Although the chairman of the dairy company is still himself, with the addition of the Yangtze River and the Land Department, he can have a bit of say in the milk and ice business, such as Xin The established real estate company is completely controlled by the Yangtze River Department and the Land Department!
In addition, the stock price of Dairy Farm is good now, so Zhou Xinian has the idea of retiring!
Zhou Xinian knew that the reason why the two sides still respected him a little was because he had accumulated some contacts in official circles in the past few years;
But as time grows, these influences will gradually weaken, so I might as well cash out early!
Wu Guangyao nodded and said: "Since Mr. Zhou feels aggrieved, I won't keep you! Now cash out, you at least not lose money; now the milk company's stock price is 19 Hong Kong dollars per share, and you own 15% of the shares (total The share capital has become 25.5 million shares), how about I purchase your shares for HK$72.67 million?"
"Naturally, I have no objection! Speaking of it, I am still taking advantage. Now the market is at its peak, you don't need to spend such a big price!" Zhou Xinian exclaimed.
Xinian Zhou was right. Wu Guangyao planned to buy more shares in the dairy company when the stock market crash came;
But now Zhou Xinian took the initiative to propose, Wu Guangyao also has no reason to refuse;
Because Zhou Xinian took the initiative to give up the chairmanship, this is the most important condition for Wu Guangyao;
If Zhou Xinian has been occupying a position, Wu Guangyao is not easy to get started!
After all, everyone is Chinese, and Wu Guangyao promised him beforehand that he would retain the chairmanship of the dairy company.
Since he takes the initiative to let the virtuous now, there is no reason for him not to cherish it;
After Wu Guangyao owns 46% of the shares in the milk company, he is only one step away from privatizing the milk company;
I believe that Land Land will be very interesting to sell its shares in the past two years;
Because Hongkong Land will also worry that once the stock price drops, Wu Guangyao will force the privatization of the milk company;
At that time, they will not only lose profits, but also lose stock prices.
When the transaction between Wu Guangyao and Zhou Xinian was public, the people of Hong Kong Island shouted: "Wu Chaoren, great friend of Hong Kong Island Real Estate!"
And Henry Keswick urgently convened a high-level meeting of Land.
"No wonder Wu Guangyao is only willing to develop some small plots in the newly formed Dairy Real Estate. It seems that he has calculated that Zhou Xi will withdraw from the Dairy Company. At this time, he owns 46% of the shares and is only one step away from privatization!" Henry Cather K said.
All the executives are very curious. Even if Wu Guangyao owns 46% of the shares, it will cost at least HK$260 million to privatize the shares of the milk company. Isn't such a large price worth the loss?
Only New Bijian said: “Taban means that the land market and stock market on Hong Kong Island are in danger of falling again?”
Everyone suddenly thought, Wu Guangyao originally had this idea!
Henry Keswick said: "This is not clear, but Wu Guangyao can wait! And we can't wait, because we can't give our destiny to Wu Guangyao and wait for him to privatize the milk company at a low price."
A group of people nodded. There is really no need to participate in the milk company. Taking advantage of the high stock price, it is reasonable to cash out quietly!
(End of this chapter)
Chapter 479Real estate friend! In April, a newspaper published the top ten real estate companies out of Hong Kong Island, which immediately attracted the attention of Hong Kong Island residents and aroused the discussion of GF;"No, the top three are Wu Chaoren's real estate companies? Land Company is actually not in the top three?""I think the analysis made by this reporter is very reasonable, and Land Land cannot be ranked in the top three; look at the following, the analysis is justified and well-founded."I saw that the newspapers and periodicals were very clear, which made people clear at a glance;The first place, Cheung Kong Holdings, a listed company, with a market value of up to 5.5 billion Hong Kong dollars, accounting for 9% of the total market value of the Hong Kong stock market, surpassing Jardine Matheson and becoming the company with the highest market value on Hong Kong Island;The properties owned by Changjiang Industrial are as follows:1. Hong Kong Yangtze River Center commercial complex property area of 2.51 million square feet, the annual rent reached 88 million Hong Kong dollars in 1970;2, Singapore's Changhe Central Commercial Complex Property area of 3.1 million square feet, excluding hotels., the annual rent is expected to reach 45 million Hong Kong dollars.3, Hong Kong New World Center commercial complex property area of 2.2 million square feet, excluding hotels., is expected to be completed in 1974.4. Six Grade A office buildings in the central ring of the island with a property area of 2.6 million square feet. It is estimated that the rent will reach 100 million Hong Kong dollars in 1971.5. The land reserve is about 2.6 million square feet, and there are 16 sites under development, totaling about 500,000 square feet, with an annual profit of 20 million Hong Kong dollars.6, 3 industrial buildings property area of 50 square feet, the annual rent reaches 8 million Hong Kong dollars.Summary: Cheung Kong's annual profit can reach about 250 million Hong Kong dollars, the rentable area reaches about 11 million square feet, and the financial situation is good.The second place, Wharf Group, a listed company, has a market value of up to HK$3 billion. After the Wu family took power of the Wharf Group, investors have been optimistic about the development of the Wharf Group, so the stock price is still strong, which is 300 million HK dollars higher than the total market value of Land. After the loss of Dairy Farm and Wharf, Land and Jardine's share price began to fall.The properties and assets owned by Wharf Group are as follows:1. The Wharf, with a total area of 11.8 million square feet, is estimated to be about 3.5 million square feet of commercial development rights; the deep water terminal, warehouse, ocean terminal, and harbour city under construction are all important on this land Property.2, Star Ferry3, Hong Kong Tram holding 35%4. The land of the main island and the New Territories pierSummary: The Wharf Group has a large amount of land reserves at the Land King' level, and now it has been replaced by a family that is not short of money. The future development is promising!Third place, Cheung Kong Real Estate Company, a non-listed company; as a non-listed real estate company, it ranks ahead of Land, and the author thinks there is also a reason;The approximate assets of Cheung Kong Real Estate are as follows:1, Universal Tower and Cheung Kong Tower, two top buildings in Central, with a property area of 800,000 square feet, and rents of up to 4.5 Hong Kong dollars per square foot per month.2, Star River Center 3 buildings under construction on Salisbury Road, Kowloon, with a land area of 133,000 square feet, which is the "king of land" in Kowloon.3. The Cheung Kong Building under construction in the reclamation area of Central District, with a land area of 53,000 square feet, is the "king of land" in Central.4. Star Building, on the west side of Salisbury Road in Kowloon, and close to the Star Ferry Pier, is a rare commercial building.5. Dairy Farm owns a 31% stake in the Dairy Farm. Dairy Farm owns a large amount of land on the island, 1.2 million square feet in Causeway Bay, 1 million square feet in Pokfulam, and a number of scattered land, which can be described as the big landlord of the island.6. Several high-quality land plots, estimated to be around 1 million square feet of land Author's note: 5 old commercial buildings in Central Ring, 50 high-quality properties and land, with a land area of 1.28 million square feet.Summary: As Wu Chaoren's private real estate company, there are only a lot more specific assets!When Wu Guangyao saw this newspaper, he couldn't help but touch the bridge of his nose;"I'm still struggling towards the'Wu Bancheng' on Hong Kong Island. I didn't expect the strength to be so strong! Hey, how lonely is invincibility!" Wu Guangyao said to himself.Although this newspaper has raised Wu Guangyao very high, Wu Guangyao knows that there are still many real estate projects and he needs to intervene;For example, the land reserve owned by Hutchison Whampoa is one of Wu Guangyao's more important values;Just in time, Qi Dezun has become obsessed with stocks in the past few years. In two years, the stock price plummets and Hutchison Whampoa will carry a lot of debt;At that time, Wu Guangyao will be staying in Hutchison, which is of course a matter of course!At that time, not only HSBC is willing to support itself, even Qi Dezun himself is willing to support Wu Guangyao;Wu Guangyao's various conditions are much better than Li Chaoren in his previous life!In addition to Hutchison Whampoa, Wu Guangyao still has many companies and projects that need to be involved.Sir Zhou Xinian, Chairman of the Milk Company, took the initiative to come to Wu Guangyao's office. Wu Guangyao seemed to be a little guessing about his arrival!"Guangyao, I don't know if you are interested in the 15% milk shares in my hand?" Zhou Xinian said in a slightly dispirited tone.Zhou Xinian had a very sad time during this period. Although the chairman of the dairy company is still himself, with the addition of the Yangtze River and the Land Department, he can have a bit of say in the milk and ice business, such as Xin The established real estate company is completely controlled by the Yangtze River Department and the Land Department!In addition, the stock price of Dairy Farm is good now, so Zhou Xinian has the idea of retiring!Zhou Xinian knew that the reason why the two sides still respected him a little was because he had accumulated some contacts in official circles in the past few years;But as time grows, these influences will gradually weaken, so I might as well cash out early!Wu Guangyao nodded and said: "Since Mr. Zhou feels aggrieved, I won't keep you! Now cash out, you at least not lose money; now the milk company's stock price is 19 Hong Kong dollars per share, and you own 15% of the shares total The share capital has become 25.5 million shares, how about I purchase your shares for HK$72.67 million?""Naturally, I have no objection! Speaking of it, I am still taking advantage. Now the market is at its peak, you don't need to spend such a big price!" Zhou Xinian exclaimed.Xinian Zhou was right. Wu Guangyao planned to buy more shares in the dairy company when the stock market crash came;But now Zhou Xinian took the initiative to propose, Wu Guangyao also has no reason to refuse;Because Zhou Xinian took the initiative to give up the chairmanship, this is the most important condition for Wu Guangyao;If Zhou Xinian has been occupying a position, Wu Guangyao is not easy to get started!After all, everyone is Chinese, and Wu Guangyao promised him beforehand that he would retain the chairmanship of the dairy company.Since he takes the initiative to let the virtuous now, there is no reason for him not to cherish it;After Wu Guangyao owns 46% of the shares in the milk company, he is only one step away from privatizing the milk company;I believe that Land Land will be very interesting to sell its shares in the past two years;Because Hongkong Land will also worry that once the stock price drops, Wu Guangyao will force the privatization of the milk company;At that time, they will not only lose profits, but also lose stock prices.When the transaction between Wu Guangyao and Zhou Xinian was public, the people of Hong Kong Island shouted: "Wu Chaoren, great friend of Hong Kong Island Real Estate!"And Henry Keswick urgently convened a high-level meeting of Land."No wonder Wu Guangyao is only willing to develop some small plots in the newly formed Dairy Real Estate. It seems that he has calculated that Zhou Xi will withdraw from the Dairy Company. At this time, he owns 46% of the shares and is only one step away from privatization!" Henry Cather K said.All the executives are very curious. Even if Wu Guangyao owns 46% of the shares, it will cost at least HK$260 million to privatize the shares of the milk company. Isn't such a large price worth the loss?Only New Bijian said: Taban means that the land market and stock market on Hong Kong Island are in danger of falling again?Everyone suddenly thought, Wu Guangyao originally had this idea!Henry Keswick said: "This is not clear, but Wu Guangyao can wait! And we can't wait, because we can't give our destiny to Wu Guangyao and wait for him to privatize the milk company at a low price."A group of people nodded. There is really no need to participate in the milk company. Taking advantage of the high stock price, it is reasonable to cash out quietly!End of this chapter
