Reborn Tycoon Rise

"The land at the Central District Bus Terminal?" Xu Zhi smiled. This is the best land currently available for auction in Hong Kong. It can also be said to be the king of land in Hong Kong in the 1980s.

The reason why this piece of land is called the King of Land is not only because it is located in the center of the core commercial area of ​​Central, Hong Kong Island, but more importantly because the land area is large enough, with an area of ​​144,000 square feet, more than 10,000 square meters. A complete piece of land in the current prime location in Central is definitely a piece of land that cannot be found even with a lantern.

Although this land has always been the terminus of minibuses and minibuses, unlike the land held by KMB for many of its termini, the Central area was the center of Hong Kong as early as the 19th century. It was naturally impossible for the government at that time to turn such a large area into Central. The land is allocated to the China-Brazil Corporation, but is lent to the bus company on a cheap lease basis.

During this period, housing prices in Hong Kong have fallen. The Hong Kong government decided to re-auction the land to stimulate the market, and also intended to move the Hong Kong Stock Exchange into a new building built for this site.

The exchange in Xiangjiang is the core of the entire financial industry in Xiangjiang. As long as the exchange moves here, the entire building will not have customers at all, and the rental price can even be increased by several floors. This is very attractive to the real estate companies in Xiangjiang. Know.

Xu Zhi then asked: "Has the Hong Kong government said when the auction will be held?"

"February 12th." Wang Liming replied.

Xu Zhi nodded and said, "Okay, then just reply and Evergrande Group will also participate in this auction."

"Okay, I'll go now." Wang Liming said goodbye and left.

After Wang Liming left, Xu Zhi began to ponder. This piece of land at the China-Pakistan Terminal was actually the famous Exchange Square in later generations. In the original history, Land bought this piece of land at the auction for 4.725 billion Hong Kong dollars. According to the exchange rate Calculated, it was almost US$1 billion. This transaction became the highest-priced piece of land auctioned in real estate in the world, and also provided a great boost to Land Group's huge debt in the subsequent real estate crisis.

After the real estate crisis, Land invested another 3.2 billion Hong Kong dollars to build buildings 1, 2 and 3 in Exchange Square, with a total building area of ​​2 million square feet.

Although the investment was huge, Exchange Square's returns to Land were also very impressive. In the 1990s, Exchange Square was the top office building in Hong Kong. The rent per square foot per month was as high as more than 100 yuan. During the peak period of the year, Exchange Square only relied on revenue. The annual rental income is as high as HK$3 billion.

However, Xu Zhi did not plan to cut off the money. This piece of land was the main part of the Land Group's future debts. Compared with the entire Land Group's assets, this piece of land eclipsed it.

…

Time flies by and February is here soon.

The real estate market in Xiangjiang has begun to show signs of sluggishness. The house prices transacted at many auctions have dropped a lot compared to the second half of last year. However, there are also many large consortiums who believe that this is just a short-term correction of the real estate market, and they want to take advantage of this situation. After a period of time, we will buy some land and commercial properties at "low prices".

In fact, the Hong Kong government's auction was a few months late. If it had been auctioned in October last year, then based on the land price at that time, the transaction volume of this land might have reached HK$7 billion, but now it has been reduced by HK$20 out of thin air. 100 million.

However, the real estate market as a whole has not yet entered a state of "continuous decline". Many capitals are waiting and watching and are hesitant, while others believe that housing prices in Xiangjiang will still rise in the future.

This time, the land at the Central Bus Terminal has attracted the attention of many real estate tycoons, such as Li Ka-shing of Cheung Kong Holdings, Kwok Tak-sheng of New World Group, Lee Shau-kee of Sun Hung Kai, Pau Full Tat and Nubby Kin of Land, and the Swire Group Shi Huaiya, etc., these are among the top ten real estate companies in Xiangjiang, and only these companies are capable of taking over a project as big as "Exchange Plaza".

Xiangjiang is not a big place, and almost everyone knows each other. Xu Zhi also chatted politely with Li Shauji, Guo Desheng and others.

"I remember the last time I saw Xu Sheng at an auction was in 1979, almost three years ago." Li Jiacheng adjusted his classic black-rimmed glasses, smiled and shook hands.

"This auction can be said to be the largest auction in the history of Hong Kong. How can I not participate in such a lively event?" Xu Zhi said with a smile. In the past few years, Evergrande and Hutchison Whampoa have been developing The land owned by him does not pay too much attention to the Hong Kong government's auction.

But nearly three years have passed. Except for some of its land parcels that are not planned to be developed in the short term, others have no development plans in the short term. Just a part of the land has generated huge amounts of cash for the two companies.

As long as some time passes and the real estate crisis comes, this cash will be put to use.

Li Jiacheng looked around and asked softly: "Xu Sheng should also be interested in the land at the bus terminal, right?"

"Yes, what? Isn't Li Sheng not interested?" Xu Zhi said with a smile.

Although Li Jiacheng has lost Hutchison Whampoa, with the help of HSBC, his investment in real estate in the past few years has been even crazier than in the original history. He has also continuously developed a large number of land reserves under his control, and has obtained a lot of land for Cheung Kong Industries. Huge amount of cash, just last year in 1981, the net profit of Cheung Kong Holdings was HK$800 million, and it had as many as 40 or 50 properties under construction.

Li Jiacheng nodded and said: "Of course I am interested, but there are too many people here coveting this land this time, so I want to reach a cooperation with Xu Sheng, bid together, and then develop this project."

"Cooperation? So after Li Sheng takes over this land, all the houses he will build in the future are going to be sold?" Xu Zhi asked with a smile. If he holds it himself, there is no need to cooperate.

Li Jiacheng nodded and said: "Yes, although this piece of land is in a prime location, it will take up too much money. Cheung Kong Industries does not intend to hold this project for a long time."

Xu Zhi shook his head and smiled: "That's a pity. Evergrande is planning to hold it for a long time."

"Haha, heroes think alike." A burst of not very standard Cantonese sounded behind Xu Zhi. Looking back, it was Bao Fuda and Niubijian.

In a small place like Xiangjiang, there is often competition on this project and cooperation on that project. Or they may fight to the death today, but they will work together on business tomorrow. Therefore, although the people who come here are basically competitors, they are still basically polite. Li Jiacheng, Xu Zhi, Bao Fuda, and Niubijian shook hands and greeted each other politely.

Bao Fuda smiled and said: "Xu Sheng, it seems that Evergrande Group is determined to win this land?"

Xu Zhi said with a smile: "How can we be 100% sure about this kind of thing? We won't know the final outcome until we get to the auction house."

When Bao Fuda saw Li Jiacheng being pulled aside by Newbijian, he said softly: "Xu Sheng, the supermarkets you and I have been fighting fiercely during this period, is it time to end this farce?"