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Rebirth capital madman - Chapter 632

Published at 17th of March 2022 07:19:36 PM


Chapter 632

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Although Gao Xian was willing to see Jardine's high debt and agreed that favorable banks would lend to each other, he did not respond to all requests, but cut the loan amount in half and borrowed only 300 million.

Jardine's side should have been psychologically prepared. It did not continue to entangle anything, nor did it give instructions on the transfer of Xiangjiang land personnel who already belong to the internal affairs of Gao's consortium.

Xiangjiang land, which is gradually moving away from Jardine, is actively demonstrating its value and ambition to Sir Gao. Wei Peter, who succeeded Xia boyin and became the chairman of the board of directors of Xiangjiang land, submitted a new development plan to Gao Xian.

Gao Xian had expected this. After being successfully acquired by him, land, the leader of Xiangjiang real estate industry, did not expand everywhere like other real estate companies while taking advantage of the current rise cycle of Xiangjiang real estate market, but focused on the huge central reconstruction plan.

This conservatism, of course, is a development strategy in which quality is more important than quantity. It is also Xiangjiang land, which is only obtained under the pressure of high string. Everything should be stable first. Don't toss around and make mistakes.

Now, the huge central district reconstruction plan has been completed, and Xiangjiang land has begun to make substantive progress in integrating into the Gao's consortium. Seeing that other real estate companies have made great efforts, it is natural to think quietly.

After browsing this report document, Gao Xian found that Xiangjiang land's greatest ambition is mainly reflected in its desire to win the land not far from the west of happy building.

Originally used as a transportation hub on Hong Kong Island, it is the site of Zhonghua bus and several other minibus companies. Now it has been planned by the Hong Kong government, and its value belongs to the "land king" level.

In fact, the happy building next to Connaught Road Central, that is, the original recreation building, is located on land reclaimed from the sea and is still one of the coastlines.

In 1970, the 53000 square foot plot of happy building was auctioned by the Hong Kong government, attracting 18 consortia to compete. Finally, it was won by Xiangjiang land, which was still part of Jardine's first department at that time, for HK $258 million, setting a record of the highest land price per square foot of Xiangjiang at that time.

Jardine has also lived up to this "land king" and built the tallest building in Asia, named Kangle building. Besides Connaught Road Central, the roads around the recreation building also have three inner streets, namely Yile street, Haile street and xingle street.

The Hong Kong government surrounds the recreation building in a U shape and connects it to the road in Connaught Road. It is uniformly named Recreation Square, and finally becomes a 24-hour open park with a pool.

Although Kangle building has been acquired by Gaoxian with Xiangjiang land and renamed happy building, the name of Kangle square remains unchanged.

The land that Xiangjiang land wants to win in the new development plan also belongs to the scope of Kangle square. It is not difficult to imagine that this place is already in short supply and adjacent to the mature "old land king". As long as the Hong Kong government hangs it up for auction, it will become a new generation of "land king".

Gao Xian asked quietly, "what do you think is the value of this land?"

Seeing that Sir Gao went straight to the core of the question, Peter Wei was in high spirits and quickly replied: "there are many valuation conclusions about this land. It is generally believed that it should be more than 7.5 billion. Personally, I think it should be more than 7.5 billion."

After listening to Wei Peter's analysis, Gao Xian smiled noncommittally.

In the current round of Xiangjiang real estate boom, many phenomena are full of crazy breath.

For example, the most typical example of speculation in the whole building is that Jinmen building was pushed up to 1.6 billion by Jianing group.

The same is true of the land. The land on the side of Meihua hotel has reached 2.8 billion.

If this is because of the trouble caused by Jianing group, there should be no ulterior speculative factors for Xiangjiang Metro Company to sell the plot of cotton tree road in the form of public bidding. The final selling price was 480 million. It seems that due to the small land area, the amount of funds involved is small, but it has set a new record of the highest land price in Xiangjiang, It's about $34720 per square foot.

From Gao Xian's point of view, land prices have frequently reached new records. More and more bubbles.

Seeing that Sir Gao didn't respond as expected, webpeter continued: "the area of this land is 144000 square feet, which is twice as large as the land where the happy building is located. If it can be bought, it will form another yellow gold composite building complex around the Recreation Square and the happy building."

"What you said is very reasonable. You can try it." Gao Xian said, "but whether it's 7.5 billion or 7 billion, it's beyond my upper limit of land acquisition cost."

Wei Peter was a little anxious and said, "Sir Gao thinks that the cost of land acquisition is acceptable?"

Gao Xian thought a little and slowly replied, "you know, the Khmer Rouge land sold by Xiangjiang subway has set the highest new price per square foot. I think even if the land acquisition cost is higher, it should not be too far from this level!"

Peter Wei quickly calculated in his mind. According to Sir Gao's idea, the acceptable land acquisition cost is about 5 billion, only two-thirds of the current market. It is very difficult to operate!

Seeing that Peter Wei was embarrassed, Gao Xian deliberately stopped the topic, "the overall development plan is good. You can study it carefully and verify it."

Peter Wei got up and left wisely and went back to the meeting, but the core part was always impossible to get around. Other executives naturally asked.

"Sir Gao thinks the cost of land acquisition is too high." webpeter sighed gently and said casually: "he thinks about 5 billion is appropriate, but it is too far from the current market!"

Peter Wei's heartless words, after listening to someone's ears, could not help but make him feel a little moved. He felt that this business intelligence was of great value to the old owner Jardine.

……

After setting an "upper limit" for Xiangjiang land's ambitious new development plan, Gao Xian visited the mainland according to the schedule, which has formed a practice of on-site investigation at least once a year.

Another task of this trip is that Prince Charles is getting married and Gao Xian will buy some gifts for him.

At the high Jazz level, money is no longer a problem. The key is characteristics, taste and even uniqueness.

It's easy to meet the requirement of Chinese characteristics to purchase gifts that have just been integrated into the international market. Maybe they can advertise and form business opportunities.

Liang Xin had already prepared for this, so Gao Xian basically looked at the stock, nodded and agreed, then packed it, transported it to Xiangjiang first, and then to London.

During this period, a bad news suddenly came. Qi dezun, a former Hutchison class who built Hutchison into one of the four British funded foreign firms in Xiangjiang, died of illness while on vacation in the UK.

Gao Xian couldn't help sighing. Qi dezun still couldn't make it. Unfortunately, he was only 63 years old. If he was healthy, he could help himself a lot.

PS: bow to thank the book friend: the reward of ambush!!




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