We're building a super chaebol in Hong Kong

In Su City, besides him, Yang Chaoye, and Zheng Qingbo, the legal team from the Su Corporation had also arrived.

After all, although the terms had been mostly agreed upon, and there shouldn't be any problems with the contract barring unforeseen circumstances, precautions still needed to be taken.

Moreover, as the host, it was more appropriate for the Su Corporation to draft the contract.

"Mr. Twigg, Mr. Bowfooter, in addition to the matters agreed upon yesterday, I would like to add another clause," Su Cheng said directly after everyone sat down.

"Mr. Su, please speak," Twigg said.

"As you know, your proposal for the Su Corporation to exchange properties with you was rather sudden. I only just mentioned this matter to our CEO Yang of the Su Corporation. Therefore, even if we do make the deal, we will temporarily be unable to find a new office location for the Su Corporation. So, I hope to add a clause to the contract, giving the Su Corporation some time to find a suitable office location. That should be reasonable, right?" Su Cheng said with a smile.

Using the Su Corporation as collateral was indeed a very sudden matter, even for Su Cheng himself. When he arranged to meet with Twigg, he had never considered that the Su Corporation would be used for an exchange.

Therefore, Su Cheng wasn't making things up.

"Reasonable. But I wonder how long it will take for the Su Corporation to relocate? There needs to be a timeframe, right?" Twigg remained silent, but Bowfooter asked directly.

After all, it was Hongkong Land who wanted the Su Corporation's land, not Jardine Matheson.

"Giving the Su Corporation three months to prepare should not be excessive, right? As far as I know, your Hongkong Land Group won't be developing this area of Duke Street so quickly. If we exchange, we will definitely not delay your project progress," Su Cheng said with a smile.

If they were to acquire the Su Corporation's land now, the time before construction would begin would be at most half a year. Therefore, it would be impossible to lease it out after acquiring it. So, in all likelihood, it would remain vacant.

Hongkong Land Group is an established real estate company in Hong Kong, especially in Central, with numerous commercial buildings as their own properties. Therefore, they don't really lack the Su Corporation's space for office use. At most, they could utilize the shops along the street of the Su Corporation for these six months.

Therefore, the three-month preparation period that Su Cheng proposed was not a difficult matter for Hongkong Land Group. It just depended on whether they would agree or not. Even if they agreed, it wouldn't cause them any losses.

"Alright, I agree on behalf of Hongkong Land Group!"

Su Cheng thought they would at least make things difficult, but unexpectedly, Bowfooter and Twigg exchanged glances, and after Twigg nodded, Bowfooter readily agreed.

In their view, it was best to resolve the Su Corporation's land quickly and decisively. While Su Cheng was agreeing now, they should sign the agreement quickly. If the Su Corporation went back on their word later, they would have worked for nothing.

Like Su Cheng, they also wanted to finalize this matter as soon as possible.

After all, after acquiring the Su Corporation's land, the Duke Street building plan would be even more magnificent and valuable!

Although using over 10,000 square meters of land in Sheung Wan for the exchange seemed like a loss, Hongkong Land had mainly focused on developing commercial buildings in Central in the past decade. Who knew when Sheung Wan would develop to the level of Central or even Wan Chai.

According to the contract they discussed, the legal team from the Su Corporation quickly drafted two contracts. One was between Tianqi Property Company and Jardine Matheson and Hongkong Land Group, and the other was between Su Corporation and Hongkong Land Group.

According to Su Cheng's combination of Hong Kong maps from the 1980s and 1990s, the development speed of Sheung Wan will also be rapid in a few years. At that time, that area will be full of commercial buildings like Wan Chai and Central.

Therefore, in a few years, after Hong Kong's real estate slump ends, the land price in Sheung Wan will skyrocket. At that time, Su Cheng will make a huge profit.

After all, this is a plot of land of more than 11,000 square meters. No matter how high the land price in Central is, it cannot be more than eight times higher than the land price in Sheung Wan. Moreover, the Hongkong Land Freight Terminal in Sheung Wan is close to Central, so its value will be even higher.

Therefore, in the short term, the valuation of the Su Corporation Building and the valuation of the Hongkong Land Freight Terminal in Sheung Wan seem to be similar, but in the long term, the value of the Hongkong Land Freight Terminal in Sheung Wan will definitely far exceed the Su Corporation Building.

"Happy合作!" After the contract was signed, Su Cheng shook hands with them one by one.

Such a major transaction naturally required photographic evidence.

Therefore, both the Su Corporation and Jardine Matheson had dedicated people taking pictures of Su Cheng shaking hands with them.

This plot of land worth more than 2 billion and the Hongkong Land Freight Terminal in Sheung Wan were acquired.

"I will have the finance department transfer the 2 billion funds to you directly after the land transfer procedures are completed. Please rest assured," Su Cheng said with a smile to Twigg and Bowfooter after the conclusion.

Although the contract was signed, the land deed was not yet in his name. Su Cheng would not give the money so quickly. These things would definitely have to wait until the government changed the land deed to Su Cheng's name before Su Cheng would transfer the money.

Of course, with the strength of Hongkong Land and Jardine Matheson, it was very easy to simplify the transfer procedures.

Their loan preparations were about to expire, so they were the ones in a hurry, not Su Cheng.

Sure enough, as soon as Su Cheng finished speaking, Twigg said directly: "Mr. Su, please rest assured, I will get the transfer done properly for you today!"

As one of the four major foreign firms in Hong Kong, Jardine Matheson has a close relationship with the Government House. This matter is not difficult for them. (End of this chapter)