The Rebirth of Wealth
Chapter 783: Wasted cash flow
The acquisition of Longhua Plaza is no small matter.
There are many things involved, including the layout of Yuanfang Group's commercial real estate.
On the morning of the 17th, Li Dong returned to the company again.
In a small meeting room.
As soon as Li Dongyi proposed the plan to acquire Longhua Plaza, Wu Shengnan was excited: "General Li, has Longhua Group agreed?"
Longhua Plaza is among the largest business districts in Yaohai District and one of the best in Pingchuan.
If Longhua Plaza can be acquired, Yuanfang Group and Dongyu Real Estate will definitely become famous.
Yuan Chengdao was not as excited as she was. After a moment of consideration, he asked: "General Li, what is the price of Longhua?"
"Xu Shengzhe's asking price is 1.5 billion, and I set it at 1.2 billion. It should be emotional to see him."
"1.2 billion……"
Yuan Chengdao was still pondering, and Wu Shengnan was already impatiently saying: "Mr. Li, 1.2 billion is definitely worth it!"
"Longhua Plaza has several advantages of traffic flow center, passenger flow center and consumption center, and there are six universities including Jiangda University, Agricultural University and Jiangyi University.
In addition, Longhua Plaza is not too far from Yuanfang Building.
Not to mention these, let alone the construction area of Longhua Square, the total construction area exceeds 150,000 square meters.
Among them, if the area of commercial stores is added to the negative floor, it will exceed 60,000 square meters, and the office area will exceed 90,000 square meters.
Nowadays, because there are no shops for sale in Longhua Square, the price is not easy to say. According to our analysis, the price is evenly distributed, and the unit price of commercial shops per square meter will not be less than 10,000.
And in the office building area, even if the price is lower, it will not be too low, I definitely have it above 6000.
The total price of the Guanglun Building is about 1.2 billion.
Among them, there are other influences. Longhua Plaza has been in business for three years. The benefits need not be said to me. Just look at the flow and profitability of our Longhua store.
So let's consider it comprehensively, not to mention 1.2 billion, which is actually 1.5 billion. We can also consider it.
The commercial building has 40 years of property rights and Longhua Plaza has only been in business for three years, which is also a major advantage.
Longhua must have had a crisis this time and rushed to spend money, otherwise they would definitely not sell it.
Mr. Li, the opportunity is not to be missed. We must not miss this opportunity! "
It has to be said that Wu Shengnan, a real estate company manager, is not in vain.
Without investigating, a crackle has revealed a lot of benefits.
Of course, this is also related to the reputation of Longhua Plaza. Another point is the connection between the distance and Longhua Plaza.
It can be said that the distance started from Longhua Square.
It is precisely because of Longhua Store that Yuanfang has established a foothold in Pingchuan, and Longhua Store has also provided sufficient development funds for the development of Yuanyuan Group.
In this case, as a company executive, Wu Shengnan had a thorough understanding of Longhua Plaza.
After listening to her analysis, Yuan Chengdao thought for a while and said, "I generally agree with what President Wu said, but I still have to raise several shortcomings.
First, Longhua Plaza has been in business for three years, and the name Longhua has become popular.
After our acquisition, if we change our name, will there be a loss of people? I ca n’t guarantee this. After all, it ’s not without precedent.
Second, there are still disputes over the property rights of Longhua Plaza. Longhua Plaza was originally jointly invested by Yaohai District and Longhua Group.
After that, Longhua Group kicked off Yaohai District and independently operated Longhua Plaza.
When the Longhua Group was operating, although there were no problems, it did not mean that we took over.
Third, according to President Li, President Xu urgently needs money, that is, there are no installments, and must be paid in one lump. 1.2 billion is not a small amount. Where does this money come from?
Fourth, will the acquisition of Longhua Plaza cause the public to question our real estate company?
After all, Dongyu Real Estate ’s competitor is Longhua, and now we have taken over each other ’s commercial shopping malls ... "
Wu Shengnan did not refute the previous points, but when Yuan Chengdao said the fourth point, Wu Shengnan shook his head and said: "I don't think it will be questioned. We bought Longhua Plaza, but it was an opportunity to prove our strength.
The greater the reputation of Longhua Plaza, the greater the impact after our acquisition.
Even the pillar shopping malls of Longhua Group have been acquired by us, which shows that our strength is strong, and it should be questioned that Longhua Group should be questioned.
As for the previous points, I don't think it is a big problem.
Especially in the district government, if there is really a property right issue, can Longhua Group sell Longhua Plaza?
As long as it can be transferred, it means that these problems are not problems. Longhua Group can handle this matter, can't our remote group?
As for the money ... "
Wu Shengnan glanced at Li Dong. Indeed, 1.2 billion in cash was the biggest trouble.
If the money were not too high, Longhua would not think of the Far End Group.
Seeing everyone looking at themselves, Li Dong smiled and said: "I'm not too worried about the money. The far group now has a lot of cash flow. Excluding Beijing, Tianjin and Sichuan Airlines, there is still about 4 billion ..."
As soon as he finished speaking, Liu Hongmei said quietly: "Mr. Li, 4 billion is already a thing of the past."
Li Dong was choked for a while and said silently: "How much is there?"
"Henan province has invested 500 million yuan in advance due to expansion. We have invested 300 million in this mall promotion.
The other side is the logistics park, which also spent 200 million yuan during this period.
There is also a need for expansion in Shanghai, which is more expensive than other places. I am afraid it will need more than 1 billion in the early stage.
These two items add up to 2 billion, in fact, we have overdrawn the payment. "
As soon as she finished, Liu Hong, who attended the meeting, said dryly: "There is also our data center. President Shen is almost over. The data center must go online immediately, and 500 million must be reserved."
"Cough ..."
Zhang Mingduo, who has n’t said much, was also embarrassed: “There is also a shopping mall in Su’an. Last time, Mr. Li said that he would start construction as soon as possible. Because this is related to Governor Jia, we ca n’t delay it anymore, and we must start construction as soon as possible Row."
Qin Hai also said dumbly: "For the logistics side, because of this promotion, the funds on the previous book were almost spent. The thousands of stores scheduled for this year have only completed more than 600 now. If you continue, the investment will not be low. In addition, There is a Southwest Logistics Center, and there has also been a general agreement with Sichuan Airlines, and the two will add 500 million yuan. "
Li Dong dumbfounded, and after a while he didn't have a good air: "You are robbing money! Cooperating with you in this way, the remaining 2 billion is divided by you?"
You need to know that the sum of the money is 2.5 billion!
It ’s not enough to sell the land. Now that I have n’t got the idea of the payment, these people have already calculated the price and divided the payment directly.
Everyone didn't say anything, but they were secretly saying: You haven't launched so many projects at once.
Since the beginning of this year, there have been countless projects going online.
It is hundreds of millions to billions at a glance, and it is good to be able to support it from a distance.
Otherwise, Li Dong invested 2 billion yuan, 3 billion in bonds, and sold almost 7 billion yuan in land. This is 12 billion yuan. With the purchase of 2.5 billion yuan in purchase vouchers, nearly 15 billion yuan is not enough.
This is not counted as the group's own profits, and there are also loans, which together burned 20 billion yuan from afar this year.
It has only been six months since a year, and now I do n’t tell Li Dong that the money has run out, who knows what he wants to do later.
Yuan Chengdao felt helpless when Li Dongqi was badly corrupted.
Do you know the difficulties of the group now?
The mouth is hundreds of millions of billions, the group really did not have so much money to burn.
He is not very opposed to buying Longhua Plaza. After all, Longhua Plaza is worth there, 1.2 billion is not a loss.
However, it is critical to use such a large amount of funds. The Group is now struggling.
This does not count as future expenditures. It should be known that the construction of the logistics park is not long before the expansion in Shanghai has not begun. The expansion in Henan Province has just begun.
Even if the group's profit can maintain the expansion of these projects, the current other projects have already spent the money.
The rest is nothing more than two paths, loan or financing, and of course the last one, listing.
Everyone did not say anything, Wu Shengnan felt a little dissatisfied, and struggled for a moment before saying: "It's really impossible, so I sold the land in the Xicheng District! The land in the Xicheng District is worth at least 4 billion. According to our shareholding in Pengfei, There are also 2 billion in hand.
The money used to buy Longhua Plaza is still a good deal in my opinion.
Moreover, the acquisition of Longhua Plaza does not mean that money is spent. We can sell some shops for cash back.
The sales ratio of general commercial real estate is around 30%. We sell 30% of the shops, and it is not a problem for us to repay 200-300 million.
Reusing part of the Longhua Plaza mortgage loan, in fact, we can use about 500 million funds to win the mall. "
At this time, Li Dong also eased from the depression, and he nodded and said: "I also think this way, but I don't need to sell the shops. It is not yet time."
"Longhua Plaza is mortgaged as a whole, and with our relationship with CCB, the problem of half a loan is not a big deal."
The others didn't say anything, Yuan Chengdao glanced at Liu Hongmei, and Liu Hongmei hesitated for a moment before saying: "But in this way, all of our cash flow will be used up. If the land in the western city area is sold, I'm afraid Have other uses. "
"The land in the western urban area is not in a hurry to sell, and the cash flow is exhausted, and it is not very useful to retain interest. It is better to invest."
After Li Dong finished speaking, the others were speechless.
Is this a matter of charging interest?
Such a large group does not keep a little cash reserves. How big is the crisis? Doesn't the boss understand?
According to the scale of a distant place, it is really dangerous not to keep a cash reserve of 12 billion.
Fortunately, Li Dong didn't use the money, and the group had more than two billion yuan there. Even if the situation is critical, there is still a way forward.
Doing this now is a rhythm that leaves no way behind.
Seeing everyone's expression, Li Dong naturally knew what they were thinking.
After a moment of contemplation, Li Dongcai said: "I will take the financing means when it is really necessary."
Yuan Chengdao somewhat disagreed and said: "It's really that time when we are in a crisis. I'm afraid that others will take advantage of the fire at that time, and the financing will not be very rewarding, but it will be a lot of money.
To really worry about a crisis, it is better to raise funds before the crisis. "
What I said is reasonable. I'm really in trouble. How can anyone else be so kind to help.
At that time, it was almost certain that the price would be higher.
Many people agreed with this point of view, but Li Dong glared and said: "Why? You are afraid of failure before you start? If you have no confidence in this, don't do it!
In the past, if there was no money in the distance, it would have passed. Now that the distance hasn't reached the point of life and death, you will start to think about defeat before you win!
How can there be so much to consider, it is always going forward.
Really defeated, I'm a big deal to file for bankruptcy, you have a work experience in a distant place, and then find a big group to do the same!
Do n’t think about these useful and useless things all the time, we have n’t reached the time of hedonism now!
The road of Yuanfang Group has only begun. At this time, if you take one step at a time, you will worry about it one step at a time.
I wo n’t say much about these things in the future. I ’m not happy to listen to them. You just need to do your own job, and you do n’t need to worry about the rest. "
Said Li Dong got up and said: "Party!"
Leaving this, Li Dong went straight out of the meeting room.
The others looked at each other, and Yuan Chengdao sighed for a while: "It's all gone, do it according to what President Li said."
The people did not know what to say and dispersed.
Seeing that Wu Shengnan was about to leave, Yuan Chengdao shouted: "President Wu stays for a while."
Wu Shengnan sat down again after hearing the words, and asked when everyone went out: "Mr. Yuan has something to order?"
Yuan Chengdao pondered for a while and then said: "Mr. Wu ~ www.wuxiaspot.com ~ You have also seen the current situation of the group. You, as the president of Dongyu, want to develop a real estate company is understandable.
But you are also a director of the group and you have to think about the big picture.
I have also learned about the situation of the real estate industry recently. Although it hasn't reached the turmoil, there are indeed bad signs.
So at this time I hope you can stand in the footsteps of the group and temporarily let go of your personal thoughts.
The acquisition of Longhua Plaza, I hope this is the last expansion of Dongyu Real Estate this year. Now the group is not enough to support such a big scene ... "
Wu Shengnan's face changed for a while, and he was dull after he finished saying: "Mr. Yuan, it is not up to me to decide whether Dongyu Real Estate will expand.
Mr. Li has a plan for everything, even if I don't say it, Mr. Li will do it himself.
In addition, the expansion of real estate is not my personal selfishness.
From the day I joined the president of Dongyu Real Estate, everything I did was for the development of the group and for the benefit of the group.
Over the past year, you have also seen that Dongyu Real Estate's contribution to the group is obvious to all!
If it is not Dongyu Real Estate, I think the group has not developed as fast as it is now.
I am not asking for credit. I am just stating the fact that Dongyu Real Estate is not optional, but an indispensable member of the group.
Moreover, the acquisition of Longhua Plaza is also a good move. I do n’t think there is anything wrong, Mr. Yuan, I hope you can understand these. "
Yuan Chengdao looked at her for a while, and finally nodded, "I understand what you mean, go back first."
Wu Shengnan didn't talk nonsense and got up and left.
As Shen Qian ’s girlfriend, she and Yuan Chengdao are actually familiar, but Wu Shengnan is still very dissatisfied with Yuan Chengdao ’s lack of attention to Dongyu Real Estate.
As soon as Yuan Chengdao said this, Wu Shengnan knew that he was not the same person as him.
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