Chapter 490: [Cooperation with Swire Pacific]
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Chapter 490【Cooperation with Taikoo Foreign Firm】
Air transport station is such a promising industry, now Wu Guangyao can only invest in joint ventures with major foreign companies;
It’s not that Wu Guangyao didn’t bring Chinese businessmen to play, but that the current Chinese businessmen simply do not have the strength to intervene;
A modern air transport station, with a total investment of about 80 million Hong Kong dollars;
The Chinese tycoons on Hong Kong Island are either fully investing in real estate or shipping at this time. They simply do not have the strength to intervene in this type of industry with large investments and long return periods.
The gathering with a group of foreign leaders was chosen in the western restaurant of the Ritz-Carlton Hotel.
I don’t know when, when the executives of foreign firms on Hong Kong Island met Wu Guangyao, they also felt shameless;
Of course, it refers to strength and status!
Although foreigners in Hong Kong are considered rich on Hong Kong Island, they are not a big family at all when they come to London;
On the contrary, Wu Guangyao has a deeper foundation in London;
is reflected in two aspects:
The first is personal connections. Wu Guangyao has a very good relationship with the London royal family (and has stolen a few love affairs with Princess Margot), and also has cooperation with some London families and consortia (Metro Group, oil tanker business), and finally Kayla This woman gave Wu Guangyao a strong backing (Kayla is not only the richest woman in Europe, but also the owner of a large law firm.)
The second is financial resources. The four major foreign banks on Hong Kong Island and the HSBC foreign bank are not as rich as Wu Guangyao.
Because of this, out of respect for the strong, as long as the cooperation initiated by Wu Guangyao, these foreign firms will basically not refuse!
So, when Wu Guangyao said that everyone had cooperated to establish an air freight station, Swire International and Hutchison International immediately agreed.
"How to arrange the shares?" Shi York mentioned it first. As for Jardine Matheson, everyone selectively forgot!
"Universal Group is a joint venture between me and HSBC Bank. Naturally, it will be counted as two shares. Therefore, Universal Group is 50%, and your two foreign banks each account for 25%. If the Hong Kong government wants Jardine Matheson to join, then Universal Group 40%, you How about 20% for each of the three!" Wu Guangyao said.
Shiyoke immediately shook his head and said, “That can’t be said. After all, Cathay Pacific is one of the airlines on Hong Kong Island, and the air terminal is also part of the aviation industry. Therefore, Swire Pacific needs at least 30% of the shares to be reasonable. !"
What Wu Guangyao and Shi Yueke said are all reasonable. If both of them are reasonable, then Hutchison Foreign Co., Ltd. can only suffer a loss!
Qidezun was dissatisfied with Shi Yueke’s statement, but did not argue that the air terminal is not the main business of Hutchison Holdings;
What's more, in the past two years, Hutchison Holdings beat Swire International in the bidding for Container Terminal No. 7 in Kwai Chung, so it does not plan to compete at the air freight station anymore.
Sundars stepped forward to be a peacemaker and said, “If it’s not like that, assuming Jardine International Holdings does not join the air cargo terminal project, then Universal Group holds 50% of the shares, Swire International Holdings 30%, and Hutchison Holdings 20%. Heyang Bank joins, Universal Group holds 40%, Swire Pacific holds 30%, Hutchison Holdings 15%, and Jardines Bank 15%."
Wu Guangyao nodded first, this result is not bad!
After all, in the past, Cathay Pacific monopolized the aviation industry on Hong Kong Island, and only accounted for 30% of the air freight station;
In this life, although Wu Guangyao can be strong, he still needs to consider a lot;
Otherwise, enemies will be made on all sides, no matter how strong they are, they will be attacked by enemies!
It’s almost done, everyone naturally started drinking and chatting;
This is the case in the market, even if it is an enemy at the first moment, you can still cooperate in the next moment;
As long as there are benefits, everyone will never mind other things.
Wu Guangyao casually said: "The Taikoo Dockyard is probably 2.5 million square feet!"
Schyoke’s old eyes immediately became energetic, staring at Wu Guangyao, and said: "Mr. Wu does it have to buy it? It's not impossible, but you may not be able to afford the price this time!"
At this time, Sundarsh and Kidezun are both holding their breath, and today will not really encounter the largest transaction in the history of the world's real estate!
Don’t think that Hong Kong Island is just a colony, but the land price is already one of the top places in the world. This is only in the 1970s.
Wu Guangyao was still calm and calm, and said relaxedly: "Then you just tell me, maybe we might reach a deal!"
Schyoke suddenly felt that he was lower in front of Wu Guangyao;
The person in front of him is in his twenties, and he feels such a pressure!
Schyoke originally wanted to say that Taikoo Dockyard is not for sale, but in this way, wouldn’t it make Sundarshi and Claudio despise them, and they didn’t even dare to say the price, and it was not a deal!
Thinking about it, Shiyoke said a sky-high price: "If Mr. Wu wants to buy, 1.5 billion Hong Kong dollars is not impossible to consider!"
Shiyoke thought that Taikoo Dockyard is 2.3 million square feet. At the price of 650 Hong Kong dollars per square foot, Wu Guangyao would never be so stupid; because most of this land, the Hong Kong government would only agree to be residential land, and his own All were sold as high-end commercial land. If Wu Guangyao really bought it, he would definitely lose money.
The fact is also true. Wu Guangyao shook his head and said, "Mr. Schyoke doesn’t sell if he doesn’t sell. Why should I offer a sky-high price to meet me? The price of 650 Hong Kong dollars per square foot is for commercial land, and it has to be in Central and Tsim Sha Tsui. With this quotation. The geographical location of Quarry Bay is not even comparable to Wan Chai, Causeway Bay, and North Point!"
At this time, the land prices and housing prices on Hong Kong Island are currently as follows:
The price of commercial land in Central District and Tsim Sha Tsui, Kowloon fluctuates greatly;
For example, the land in the reclamation area in Central District is only 53,000 square feet, but Wu Guangyao spent 280 million Hong Kong dollars, which is more than 5000 Hong Kong dollars per square foot;
For example, the Blue Chimney in Tsim Sha Tsui (200,000 square feet) was bought by Zheng Yutong in 1971 for 130 million Hong Kong dollars, totaling 650 Hong Kong dollars per square foot; this time, Wu Guangyao spent only 75 million Hong Kong dollars during the low real estate period. It's a pitfall for Taikoo Foreign Trade.
For example, the land king on Salisbury Road in Tsim Sha Tsui, the transaction price is 2000 Hong Kong dollars per square foot, which is much more expensive than the price of Blue Chimney, because this land is very convenient for tourists to do business.
Other commercial land in the depths of Queen’s Road in Central, and commercial land in Yau Tsim Mong, Kowloon, cost about 600 to 700 Hong Kong dollars per square foot.
In terms of residential land and property:
The average price of land for high-end residential buildings in Kowloon and Hong Kong Island residential properties generally fluctuates around 200 Hong Kong dollars per square foot.
The high-end residences in Kowloon and the island have risen to 200 Hong Kong dollars to 240 Hong Kong dollars per square foot;
For mid-range housing, the current price is around 140 Hong Kong dollars to 180 Hong Kong dollars;
In terms of low-end housing, the price is around 120 Hong Kong dollars to 140 Hong Kong dollars.
Syoke suddenly felt that he had done nothing, so he had to say: "We Swire Pacific has just established a real estate company, so Taikoo Dockyard is our project for developing the real estate industry, so I really don't plan to sell it!"
Hearing that Swire Pacific entered the real estate industry, Wu Guangyao was overjoyed, and said, “Guiyang Company lacks experience in real estate. I wonder if you have considered cooperating with Cheung Kong Industrial?”
Schyoke did not refuse this time, and said: "When there is a chance, we will definitely consider Cheung Kong Holdings!"
Wu Guangyao was overjoyed, knowing that the Taikoo Dockyard was built into the Taikoo City by Swire Pacific, which was divided into ten phases;
Because they did not build enough confidence at the beginning, they successively sold part of the land in Saixi Lake and Taikoo Valley in other places to Li Ka-shing and Chen Yanhua of Nan Fung Real Estate to raise start-up funds;
In particular, Li Ka-shing spent HK$85 million to purchase the Saixi Lake site in Mid-Levels North Point of Swire Pacific, which is 864,000 square feet; Li Ka-shing only allocated 5.3 square feet of land and built 10 high-end residential buildings, each with 24 floors. , The total building area is 1.3 million square feet; Li Ka-shing made a profit of 60 million Hong Kong dollars on the 53,000 square-foot land alone; as for the remaining 94% of the land, Li Ka-shing built a large-scale event venue and covered the land. This is how the later generations of big landlords came.
Therefore, Wu Guangyao only repaired the relationship with Swire Pacific at this time, hoping to seize the opportunity of Superman Li at that time!
Furthermore, in the tenth phase of Taikoo Shing, four phases of Swire Pacific were jointly developed with Jardine Matheson because Swire Pacific had no real estate experience;
So, as long as Cheung Kong Holdings has a price advantage, it is better than Li Ka-shing’s conditions, and better than those provided by Jardine Matheson. Swire International will put aside the interests and go to the aviation competition of the two companies?
The answer is no, even Wu Guangyao, as long as there is a profit, he will choose to cooperate with his competitors!
Wu Guangyao said with a smile: "Mr. Schyoke can rest assured that whether it is a joint venture development site or the sale of the land, Cheung Kong Holdings is willing to negotiate with Swire Pacific in sincerity."
Schyoke nodded. Although the blue chimney was losing money, it was indeed very expensive at the price at the time!
(End of this chapter)
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Chapter 490【Cooperation with Taikoo Foreign Firm】
Air transport station is such a promising industry, now Wu Guangyao can only invest in joint ventures with major foreign companies;
It’s not that Wu Guangyao didn’t bring Chinese businessmen to play, but that the current Chinese businessmen simply do not have the strength to intervene;
A modern air transport station, with a total investment of about 80 million Hong Kong dollars;
The Chinese tycoons on Hong Kong Island are either fully investing in real estate or shipping at this time. They simply do not have the strength to intervene in this type of industry with large investments and long return periods.
The gathering with a group of foreign leaders was chosen in the western restaurant of the Ritz-Carlton Hotel.
I don’t know when, when the executives of foreign firms on Hong Kong Island met Wu Guangyao, they also felt shameless;
Of course, it refers to strength and status!
Although foreigners in Hong Kong are considered rich on Hong Kong Island, they are not a big family at all when they come to London;
On the contrary, Wu Guangyao has a deeper foundation in London;
is reflected in two aspects:
The first is personal connections. Wu Guangyao has a very good relationship with the London royal family (and has stolen a few love affairs with Princess Margot), and also has cooperation with some London families and consortia (Metro Group, oil tanker business), and finally Kayla This woman gave Wu Guangyao a strong backing (Kayla is not only the richest woman in Europe, but also the owner of a large law firm.)
The second is financial resources. The four major foreign banks on Hong Kong Island and the HSBC foreign bank are not as rich as Wu Guangyao.
Because of this, out of respect for the strong, as long as the cooperation initiated by Wu Guangyao, these foreign firms will basically not refuse!
So, when Wu Guangyao said that everyone had cooperated to establish an air freight station, Swire International and Hutchison International immediately agreed.
"How to arrange the shares?" Shi York mentioned it first. As for Jardine Matheson, everyone selectively forgot!
"Universal Group is a joint venture between me and HSBC Bank. Naturally, it will be counted as two shares. Therefore, Universal Group is 50%, and your two foreign banks each account for 25%. If the Hong Kong government wants Jardine Matheson to join, then Universal Group 40%, you How about 20% for each of the three!" Wu Guangyao said.
Shiyoke immediately shook his head and said, “That can’t be said. After all, Cathay Pacific is one of the airlines on Hong Kong Island, and the air terminal is also part of the aviation industry. Therefore, Swire Pacific needs at least 30% of the shares to be reasonable. !"
What Wu Guangyao and Shi Yueke said are all reasonable. If both of them are reasonable, then Hutchison Foreign Co., Ltd. can only suffer a loss!
Qidezun was dissatisfied with Shi Yueke’s statement, but did not argue that the air terminal is not the main business of Hutchison Holdings;
What's more, in the past two years, Hutchison Holdings beat Swire International in the bidding for Container Terminal No. 7 in Kwai Chung, so it does not plan to compete at the air freight station anymore.
Sundars stepped forward to be a peacemaker and said, “If it’s not like that, assuming Jardine International Holdings does not join the air cargo terminal project, then Universal Group holds 50% of the shares, Swire International Holdings 30%, and Hutchison Holdings 20%. Heyang Bank joins, Universal Group holds 40%, Swire Pacific holds 30%, Hutchison Holdings 15%, and Jardines Bank 15%."
Wu Guangyao nodded first, this result is not bad!
After all, in the past, Cathay Pacific monopolized the aviation industry on Hong Kong Island, and only accounted for 30% of the air freight station;
In this life, although Wu Guangyao can be strong, he still needs to consider a lot;
Otherwise, enemies will be made on all sides, no matter how strong they are, they will be attacked by enemies!
It’s almost done, everyone naturally started drinking and chatting;
This is the case in the market, even if it is an enemy at the first moment, you can still cooperate in the next moment;
As long as there are benefits, everyone will never mind other things.
Wu Guangyao casually said: "The Taikoo Dockyard is probably 2.5 million square feet!"
Schyoke’s old eyes immediately became energetic, staring at Wu Guangyao, and said: "Mr. Wu does it have to buy it? It's not impossible, but you may not be able to afford the price this time!"
At this time, Sundarsh and Kidezun are both holding their breath, and today will not really encounter the largest transaction in the history of the world's real estate!
Don’t think that Hong Kong Island is just a colony, but the land price is already one of the top places in the world. This is only in the 1970s.
Wu Guangyao was still calm and calm, and said relaxedly: "Then you just tell me, maybe we might reach a deal!"
Schyoke suddenly felt that he was lower in front of Wu Guangyao;
The person in front of him is in his twenties, and he feels such a pressure!
Schyoke originally wanted to say that Taikoo Dockyard is not for sale, but in this way, wouldn’t it make Sundarshi and Claudio despise them, and they didn’t even dare to say the price, and it was not a deal!
Thinking about it, Shiyoke said a sky-high price: "If Mr. Wu wants to buy, 1.5 billion Hong Kong dollars is not impossible to consider!"
Shiyoke thought that Taikoo Dockyard is 2.3 million square feet. At the price of 650 Hong Kong dollars per square foot, Wu Guangyao would never be so stupid; because most of this land, the Hong Kong government would only agree to be residential land, and his own All were sold as high-end commercial land. If Wu Guangyao really bought it, he would definitely lose money.
The fact is also true. Wu Guangyao shook his head and said, "Mr. Schyoke doesn’t sell if he doesn’t sell. Why should I offer a sky-high price to meet me? The price of 650 Hong Kong dollars per square foot is for commercial land, and it has to be in Central and Tsim Sha Tsui. With this quotation. The geographical location of Quarry Bay is not even comparable to Wan Chai, Causeway Bay, and North Point!"
At this time, the land prices and housing prices on Hong Kong Island are currently as follows:
The price of commercial land in Central District and Tsim Sha Tsui, Kowloon fluctuates greatly;
For example, the land in the reclamation area in Central District is only 53,000 square feet, but Wu Guangyao spent 280 million Hong Kong dollars, which is more than 5000 Hong Kong dollars per square foot;
For example, the Blue Chimney in Tsim Sha Tsui (200,000 square feet) was bought by Zheng Yutong in 1971 for 130 million Hong Kong dollars, totaling 650 Hong Kong dollars per square foot; this time, Wu Guangyao spent only 75 million Hong Kong dollars during the low real estate period. It's a pitfall for Taikoo Foreign Trade.
For example, the land king on Salisbury Road in Tsim Sha Tsui, the transaction price is 2000 Hong Kong dollars per square foot, which is much more expensive than the price of Blue Chimney, because this land is very convenient for tourists to do business.
Other commercial land in the depths of Queen’s Road in Central, and commercial land in Yau Tsim Mong, Kowloon, cost about 600 to 700 Hong Kong dollars per square foot.
In terms of residential land and property:
The average price of land for high-end residential buildings in Kowloon and Hong Kong Island residential properties generally fluctuates around 200 Hong Kong dollars per square foot.
The high-end residences in Kowloon and the island have risen to 200 Hong Kong dollars to 240 Hong Kong dollars per square foot;
For mid-range housing, the current price is around 140 Hong Kong dollars to 180 Hong Kong dollars;
In terms of low-end housing, the price is around 120 Hong Kong dollars to 140 Hong Kong dollars.
Syoke suddenly felt that he had done nothing, so he had to say: "We Swire Pacific has just established a real estate company, so Taikoo Dockyard is our project for developing the real estate industry, so I really don't plan to sell it!"
Hearing that Swire Pacific entered the real estate industry, Wu Guangyao was overjoyed, and said, “Guiyang Company lacks experience in real estate. I wonder if you have considered cooperating with Cheung Kong Industrial?”
Schyoke did not refuse this time, and said: "When there is a chance, we will definitely consider Cheung Kong Holdings!"
Wu Guangyao was overjoyed, knowing that the Taikoo Dockyard was built into the Taikoo City by Swire Pacific, which was divided into ten phases;
Because they did not build enough confidence at the beginning, they successively sold part of the land in Saixi Lake and Taikoo Valley in other places to Li Ka-shing and Chen Yanhua of Nan Fung Real Estate to raise start-up funds;
In particular, Li Ka-shing spent HK$85 million to purchase the Saixi Lake site in Mid-Levels North Point of Swire Pacific, which is 864,000 square feet; Li Ka-shing only allocated 5.3 square feet of land and built 10 high-end residential buildings, each with 24 floors. , The total building area is 1.3 million square feet; Li Ka-shing made a profit of 60 million Hong Kong dollars on the 53,000 square-foot land alone; as for the remaining 94% of the land, Li Ka-shing built a large-scale event venue and covered the land. This is how the later generations of big landlords came.
Therefore, Wu Guangyao only repaired the relationship with Swire Pacific at this time, hoping to seize the opportunity of Superman Li at that time!
Furthermore, in the tenth phase of Taikoo Shing, four phases of Swire Pacific were jointly developed with Jardine Matheson because Swire Pacific had no real estate experience;
So, as long as Cheung Kong Holdings has a price advantage, it is better than Li Ka-shing’s conditions, and better than those provided by Jardine Matheson. Swire International will put aside the interests and go to the aviation competition of the two companies?
The answer is no, even Wu Guangyao, as long as there is a profit, he will choose to cooperate with his competitors!
Wu Guangyao said with a smile: "Mr. Schyoke can rest assured that whether it is a joint venture development site or the sale of the land, Cheung Kong Holdings is willing to negotiate with Swire Pacific in sincerity."
Schyoke nodded. Although the blue chimney was losing money, it was indeed very expensive at the price at the time!
(End of this chapter)
Chapter 490Cooperation with Taikoo Foreign FirmAir transport station is such a promising industry, now Wu Guangyao can only invest in joint ventures with major foreign companies;It's not that Wu Guangyao didn't bring Chinese businessmen to play, but that the current Chinese businessmen simply do not have the strength to intervene;A modern air transport station, with a total investment of about 80 million Hong Kong dollars;The Chinese tycoons on Hong Kong Island are either fully investing in real estate or shipping at this time. They simply do not have the strength to intervene in this type of industry with large investments and long return periods.The gathering with a group of foreign leaders was chosen in the western restaurant of the Ritz-Carlton Hotel.I don't know when, when the executives of foreign firms on Hong Kong Island met Wu Guangyao, they also felt shameless;Of course, it refers to strength and status!Although foreigners in Hong Kong are considered rich on Hong Kong Island, they are not a big family at all when they come to London;On the contrary, Wu Guangyao has a deeper foundation in London;is reflected in two aspects:The first is personal connections. Wu Guangyao has a very good relationship with the London royal family and has stolen a few love affairs with Princess Margot, and also has cooperation with some London families and consortia Metro Group, oil tanker business, and finally Kayla This woman gave Wu Guangyao a strong backing Kayla is not only the richest woman in Europe, but also the owner of a large law firm.The second is financial resources. The four major foreign banks on Hong Kong Island and the HSBC foreign bank are not as rich as Wu Guangyao.Because of this, out of respect for the strong, as long as the cooperation initiated by Wu Guangyao, these foreign firms will basically not refuse!So, when Wu Guangyao said that everyone had cooperated to establish an air freight station, Swire International and Hutchison International immediately agreed."How to arrange the shares?" Shi York mentioned it first. As for Jardine Matheson, everyone selectively forgot!"Universal Group is a joint venture between me and HSBC Bank. Naturally, it will be counted as two shares. Therefore, Universal Group is 50%, and your two foreign banks each account for 25%. If the Hong Kong government wants Jardine Matheson to join, then Universal Group 40%, you How about 20% for each of the three!" Wu Guangyao said.Shiyoke immediately shook his head and said, That can't be said. After all, Cathay Pacific is one of the airlines on Hong Kong Island, and the air terminal is also part of the aviation industry. Therefore, Swire Pacific needs at least 30% of the shares to be reasonable. !"What Wu Guangyao and Shi Yueke said are all reasonable. If both of them are reasonable, then Hutchison Foreign Co., Ltd. can only suffer a loss!Qidezun was dissatisfied with Shi Yueke's statement, but did not argue that the air terminal is not the main business of Hutchison Holdings;What's more, in the past two years, Hutchison Holdings beat Swire International in the bidding for Container Terminal No. 7 in Kwai Chung, so it does not plan to compete at the air freight station anymore.Sundars stepped forward to be a peacemaker and said, If it's not like that, assuming Jardine International Holdings does not join the air cargo terminal project, then Universal Group holds 50% of the shares, Swire International Holdings 30%, and Hutchison Holdings 20%. Heyang Bank joins, Universal Group holds 40%, Swire Pacific holds 30%, Hutchison Holdings 15%, and Jardines Bank 15%."Wu Guangyao nodded first, this result is not bad!After all, in the past, Cathay Pacific monopolized the aviation industry on Hong Kong Island, and only accounted for 30% of the air freight station;In this life, although Wu Guangyao can be strong, he still needs to consider a lot;Otherwise, enemies will be made on all sides, no matter how strong they are, they will be attacked by enemies!It's almost done, everyone naturally started drinking and chatting;This is the case in the market, even if it is an enemy at the first moment, you can still cooperate in the next moment;As long as there are benefits, everyone will never mind other things.Wu Guangyao casually said: "The Taikoo Dockyard is probably 2.5 million square feet!"Schyoke's old eyes immediately became energetic, staring at Wu Guangyao, and said: "Mr. Wu does it have to buy it? It's not impossible, but you may not be able to afford the price this time!"At this time, Sundarsh and Kidezun are both holding their breath, and today will not really encounter the largest transaction in the history of the world's real estate!Don't think that Hong Kong Island is just a colony, but the land price is already one of the top places in the world. This is only in the 1970s.Wu Guangyao was still calm and calm, and said relaxedly: "Then you just tell me, maybe we might reach a deal!"Schyoke suddenly felt that he was lower in front of Wu Guangyao;The person in front of him is in his twenties, and he feels such a pressure!Schyoke originally wanted to say that Taikoo Dockyard is not for sale, but in this way, wouldn't it make Sundarshi and Claudio despise them, and they didn't even dare to say the price, and it was not a deal!Thinking about it, Shiyoke said a sky-high price: "If Mr. Wu wants to buy, 1.5 billion Hong Kong dollars is not impossible to consider!"Shiyoke thought that Taikoo Dockyard is 2.3 million square feet. At the price of 650 Hong Kong dollars per square foot, Wu Guangyao would never be so stupid; because most of this land, the Hong Kong government would only agree to be residential land, and his own All were sold as high-end commercial land. If Wu Guangyao really bought it, he would definitely lose money.The fact is also true. Wu Guangyao shook his head and said, "Mr. Schyoke doesn't sell if he doesn't sell. Why should I offer a sky-high price to meet me? The price of 650 Hong Kong dollars per square foot is for commercial land, and it has to be in Central and Tsim Sha Tsui. With this quotation. The geographical location of Quarry Bay is not even comparable to Wan Chai, Causeway Bay, and North Point!"At this time, the land prices and housing prices on Hong Kong Island are currently as follows:The price of commercial land in Central District and Tsim Sha Tsui, Kowloon fluctuates greatly;For example, the land in the reclamation area in Central District is only 53,000 square feet, but Wu Guangyao spent 280 million Hong Kong dollars, which is more than 5000 Hong Kong dollars per square foot;For example, the Blue Chimney in Tsim Sha Tsui 200,000 square feet was bought by Zheng Yutong in 1971 for 130 million Hong Kong dollars, totaling 650 Hong Kong dollars per square foot; this time, Wu Guangyao spent only 75 million Hong Kong dollars during the low real estate period. It's a pitfall for Taikoo Foreign Trade.For example, the land king on Salisbury Road in Tsim Sha Tsui, the transaction price is 2000 Hong Kong dollars per square foot, which is much more expensive than the price of Blue Chimney, because this land is very convenient for tourists to do business.Other commercial land in the depths of Queen's Road in Central, and commercial land in Yau Tsim Mong, Kowloon, cost about 600 to 700 Hong Kong dollars per square foot.In terms of residential land and property:The average price of land for high-end residential buildings in Kowloon and Hong Kong Island residential properties generally fluctuates around 200 Hong Kong dollars per square foot.The high-end residences in Kowloon and the island have risen to 200 Hong Kong dollars to 240 Hong Kong dollars per square foot;For mid-range housing, the current price is around 140 Hong Kong dollars to 180 Hong Kong dollars;In terms of low-end housing, the price is around 120 Hong Kong dollars to 140 Hong Kong dollars.Syoke suddenly felt that he had done nothing, so he had to say: "We Swire Pacific has just established a real estate company, so Taikoo Dockyard is our project for developing the real estate industry, so I really don't plan to sell it!"Hearing that Swire Pacific entered the real estate industry, Wu Guangyao was overjoyed, and said, Guiyang Company lacks experience in real estate. I wonder if you have considered cooperating with Cheung Kong Industrial?Schyoke did not refuse this time, and said: "When there is a chance, we will definitely consider Cheung Kong Holdings!"Wu Guangyao was overjoyed, knowing that the Taikoo Dockyard was built into the Taikoo City by Swire Pacific, which was divided into ten phases;Because they did not build enough confidence at the beginning, they successively sold part of the land in Saixi Lake and Taikoo Valley in other places to Li Ka-shing and Chen Yanhua of Nan Fung Real Estate to raise start-up funds;In particular, Li Ka-shing spent HK$85 million to purchase the Saixi Lake site in Mid-Levels North Point of Swire Pacific, which is 864,000 square feet; Li Ka-shing only allocated 5.3 square feet of land and built 10 high-end residential buildings, each with 24 floors. , The total building area is 1.3 million square feet; Li Ka-shing made a profit of 60 million Hong Kong dollars on the 53,000 square-foot land alone; as for the remaining 94% of the land, Li Ka-shing built a large-scale event venue and covered the land. This is how the later generations of big landlords came.Therefore, Wu Guangyao only repaired the relationship with Swire Pacific at this time, hoping to seize the opportunity of Superman Li at that time!Furthermore, in the tenth phase of Taikoo Shing, four phases of Swire Pacific were jointly developed with Jardine Matheson because Swire Pacific had no real estate experience;So, as long as Cheung Kong Holdings has a price advantage, it is better than Li Ka-shing's conditions, and better than those provided by Jardine Matheson. Swire International will put aside the interests and go to the aviation competition of the two companies?The answer is no, even Wu Guangyao, as long as there is a profit, he will choose to cooperate with his competitors!Wu Guangyao said with a smile: "Mr. Schyoke can rest assured that whether it is a joint venture development site or the sale of the land, Cheung Kong Holdings is willing to negotiate with Swire Pacific in sincerity."Schyoke nodded. Although the blue chimney was losing money, it was indeed very expensive at the price at the time!End of this chapter
