My 1999

Xu Liang smiled and took a list.

"These are the lists of unfinished buildings in Beijing and Shanghai that I have compiled. There are a total of 9 buildings with an area of ​​890,000 square meters. Your task is to buy them all."

"An unfinished building?"

Sha Zhigang took it and saw that there were many familiar names on it.

Jinfei International Apartment, Zhongyu Building, Jingtai Autonomous City, etc.

"The 'Fuhua Apartment' brand was established under Xuanwu Fund, and all the renovated unfinished buildings were put into it and rented out with signs such as Fuhua Apartment No. 1 and Fuhua Apartment No. 2."

"You mean to turn all unfinished buildings into long-term rental apartments?"

"good."

By renting an apartment for a long time, you can not only get returns from real estate appreciation, but also get rental returns, killing two birds with one stone.

"Remember, our main business is finely decorated apartments, so the decoration quality should not be too bad, and the decoration style should be unified, mainly simple and modern. Of course, if the user is willing to sign a long-term contract, the other party can also decide the decoration style themselves.

From now on, the main investment direction of Xuanwu Fund will be apartments and residential real estate. "

"yes."

After agreeing, Sha Zhigang said: "Mr. Xu, our Xuanwu Fund currently has limited human resources and it is difficult to complete the acquisition of 9 real estate projects in a short period of time, so I want to cooperate with an investment bank and outsource the specific acquisitions.

Although this cost more money.

But now that real estate is on the rise, the longer we delay, the higher the cost of our acquisition will be.

Therefore, outsourcing will actually save money. "

Xu Liang nodded approvingly, "It's great that you thought of this. I agree."

The opinion was affirmed, and Sha Zhigang said happily: "Mr. Xu, if you want to acquire all 9 real estate projects, you will need at least 5 billion in funds. Even if bank loans can be used for later construction, we only have 500 million U.S. dollars, and we still have to leave Part of it will be given to the ‘Hongmeng Headquarters Project’.

So there is a shortage of funds. "

"You don't have to worry about funds. Thanks to the publicity of Forbes some time ago, many Sunshine Funds, pension funds and asset management institutions are now seeking to invest in us, so we will soon raise the second phase of Xuanwu Fund. not a problem."

"Then I'm fine."

Xu Liangdao: "Fuhua Apartment needs to be registered as a real company, so from now on, in addition to cooperating with investment banks to acquire these unfinished buildings, you also need to recruit qualified personnel to fill the skeleton of Fuhua Apartment."

"clear."

After Xu Liang nodded, his eyes turned to Lu Jue.

"Lao Lu, the land auction this time was good. We got both pieces of land."

Lu Jue said quickly: "Without your sufficient financial support, Taihua would not have been able to successfully acquire the C9 and B9 land."

He had no hint of modesty.

The price of land auction is money, and with Xu Liang's permission, anyone can win two pieces of land.

Xu Liang nodded with a smile and handed over a piece of paper.

"This is your next goal."

Lu Jue took it and took a look.

There are only six names on it.

Shanghai World Financial Center.

Yangcheng Zhongcheng Square.

Silver City Center.

China's No. 1 shopping mall.

Haitian Plaza.

Gongzhufen Commercial Building.

Except for World Financial Center and Midtown Plaza, which are pure office buildings, the other four are shopping malls + office buildings, or shopping malls + apartments.

Four are in Beijing, one is in Magic City, and one is in Yangcheng.

Lu Jue found that his projects were also unfinished.

"I will transfer the funds for the acquisition of the property to you, so just do it with confidence and boldness. ...Also, in the future, Taihua Real Estate will have four types of businesses.

The first, Taihua City, includes office buildings, shopping malls, hotels, apartments and residences. The B9 plots in Yuandu and Shuangjing blocks will be developed accordingly.

In addition, you also participate in the "Hongmeng Headquarters Project" to build a Taihua City.

Second, Taihua Plaza, the 1st to 5th floors are shopping malls, and the above are office buildings.

Yindu Center, Huaxia No. 1 Mall, Haitian Plaza and Gongzhufen Commercial Building all follow this procedure.

Third, the Taihua Global Center is a pure office building. The Guomao C9 plot we just acquired will be developed accordingly. There are also Shanghai Magic City World Financial Center and Yangcheng Midtown Plaza.

We at Taihua Real Estate do not do purely residential real estate. "

Housing is a profitable business, but it can also easily lead to trouble.

His private investments are not intended to be overly involved.

As for the old buildings spun off from New Dream and the later acquisitions, they do not belong to Taihua Real Estate.

It is Hongyan No. 2 Real Estate Investment Fund.

Also under this fund is the Jiulongyu Tourism Development Company invested by Xu Liang in his hometown of Yidu.

"clear."

Lu Jue nodded quickly.

"Lao Sha, you can tell Lao Lu about the progress of the 'Hongmeng Headquarters Project' later. The next time you meet with the government, you two will go together."

"yes."

"Do any of you have any questions?"

Xu Liang asked.

The two shook their heads.

"Go ahead."

After the two left.

Xu Liang took out a piece of paper and started counting on it.

He doesn't care about Hanhua Capital, mainly Hongyan, which is his own money.

After the last profit from the US stock market, plus the US$250 million in Yahoo Japanese equity mortgage loans.

The entire Red Rock Fund can control US$2.77 billion.

It is divided into two funds: Private Equity No. 1 and Real Estate Investment Fund No. 2.

In addition to Tencent and Yahoo Japan, which were earlier investments, this time it mainly invested in seven companies: Apple, Amazon, NetEase, Sohu, Moutai, Wuliangye and Standard Chartered Bank.

NetEase, Sohu, Moutai, and Wuliangye are nothing. With three times the leverage, not even a fraction of the US$70 million has been used up.

Mainly Apple, Amazon and Standard Chartered Bank.

The first two used leverage, each holding 15% of the shares, and spent approximately US$1.8 billion. With three times the leverage, they only spent US$600 million.

Standard Chartered Bank spent the most because it did not use leverage.

Nearly $400 million has been spent so far.

After deducting these, $1.7 billion remains.

The new dream project has already spent 2 billion Chinese coins.

The Guangqumen land parcel and the Guomao land parcel add up to 4.7 billion Chinese dollars.

Kite Taihua City is worth 200 million, and Fengtai Taihua City has just begun negotiations. Taking into account the low land prices in Fengtai, the cost will be controlled at around 1.5 billion.

Huaxia No. 1 Mall covers an area of ​​55,000 square meters and has a construction area of ​​540,000 square meters. Because it is not a new building, it has lost 8 years of service life, some of the buildings have been sold, and the government has imposed restrictions on unfinished buildings. preferential policies.

The price to buy this building will not exceed 500 million.

Yindu Center, Gongzhufen Commercial Building, and Haitian Plaza all have a construction area of ​​about 250,000, and their locations are similar.

According to the current cases of unfinished real estate revitalization, the investment is around 250 to 400 million.

The Shanghai World Financial Center may be the most expensive, and the appetite of Japanese people is not easy to satisfy. However, according to the current property price increase of 30%, 2.3 to 3 billion Chinese dollars should be enough.

Zhongcheng Plaza is about 500 million Chinese dollars.

Calculated in this way, the acquisition funds, plus the merger and acquisition agency fees, are about 8.5 billion Chinese dollars.

There may be an excess, but it will not exceed 10 billion.

Of course, these are only the money for purchasing the project and land, and do not include subsequent construction and decoration.

However, for later construction and decoration, the land can be used as a mortgage loan, or even the construction party can advance funds.

In short, there are many solutions.

10 billion Chinese coins are equivalent to 1.2 billion U.S. dollars.

He has $742 million left.

After settling the accounts, Xu Liang couldn't help but sigh.

"Money is really valuable now."

Spend and spend again, leaving $742 million.

He does not plan to invest these dollars in the stock market for the time being.

Seven companies including Apple, Amazon, NetEase, Sohu, Moutai, Wuliangye and Standard Chartered Bank are enough.

Of course, Standard Chartered is not a pure investment.

However, this giant beast is too big and difficult to control, so for now it is better to take care of it slowly.

"There are no good investment targets, so just get land. Land is cheap now. In two years, even if you have money, you won't be able to buy it." Xu Liang said.

As for investing in hard technologies such as chips, lithography machines, and machine tools, he doesn't have the guts yet.

Without it.

It's too expensive.

More than two billion US dollars are not enough to burn.

When his family has almost saved up, it won't be too late to touch these gold-swallowing beasts.