Jiahu Building, top floor, conference room!

Chu Huan, Huhua Real Estate General Manager Lu Qi, Hang Lung Real Estate General Manager He Bingguang, and more than a dozen senior executives from the two real estate companies were sitting at the conference round table, having a meeting.

At the same time, sitting on the left and right sides of Chu Huan, Xu Yi and Wu Shuhan, who had just come in!

Lu Qi was reporting to Chu Huan at this time.

"Up to now, Huhua Real Estate has fully owned the Jiahu Building, a commercial land of 320,000 square feet on Nathan Road in Mongkok. Based on a plot ratio of 15 times, a 480,000 square foot commercial building can be built. In addition, the company also

Tianhai Real Estate holds a 60% interest in Huaye City, three residential sites in North Point, two residential sites in Kowloon, and one residential site in the New Territories, and also has a land exchange interest letter of 270,000 square feet."

(p: When I described the equity percentage of Huaye City before, I wrote it wrong!

)

It can be seen from Lu Qi's report that for Huhua Real Estate at this time, the most valuable assets are actually the 60% interest in Huaye City and the Jiahu Building in Central.

In addition, the development direction of Huhua Real Estate is also more towards residential development, so during this period of time, the target of land hoarding is also residential land.

In addition, regarding the land exchange rights letter in the New Territories, Chu Huan handed it over to He Bingguang of Hang Lung Properties, but Lu Qi himself also believed that Hong Kong will definitely have to be developed as the population density of Hong Kong Island and Kowloon will increase in the future.

New Territories, so Huhua Real Estate has also begun to accumulate land exchange rights letters in the New Territories.

Furthermore, when Huhua Real Estate and Hang Lung Properties jointly purchased the Shaw Towers in Mong Kok, Huhua Real Estate has sold all of its interests in the building to Hang Lung Properties.

After Lu Qi finished his report, He Bingguang followed closely and reported on the situation of Hang Lung Real Estate.

"The Shaw Towers in Mong Kok, which Hang Lung Properties owns in full, is also a 4.32 million square foot commercial site on Nathan Road in Mong Kok, the Hang Lung Center in Luo Wan, the Parkview Commercial Center in Kowloon, and the Po Shing Building on Nam Wan Road in Hong Kong Island.

, the properties under development include the luxury building Hengbai Garden at No. 1 Litteton Road in the Mid-Levels of Hong Kong Island, Hang King Court and Hang Ying House on Yunjing Road in North Point, Laiwan Garden in Lai Chi Kok, and also all over Xiangjiang Island.

, various commercial and residential sites in Kowloon and the New Territories, including a land exchange rights letter of 4 million square feet in the New Territories, as well as the land in East Tsim Sha Tsui.”

It can be seen from He Bingguang's report that Hang Lung Real Estate develops both commercial and residential properties side by side.

If Huaye City is thrown out, there is no way Huhua Real Estate can compare with Hang Lung Properties. After all, the first phase of Huaye City has been sold, and the second phase will be completed in a few months. On the other hand, Hang Lung Properties

, land development in East Tsim Sha Tsui is naturally the most important.

But now even the drawings have not been released, so the two parties are evenly matched based on asset value alone.

However, if the current development trend continues, Hang Lung Properties will surpass Huhua Properties sooner or later.

After considering all aspects, Chu Huan finally determined the main positions of the merged real estate company.

For example, the newly merged real estate company will be officially renamed Zhulu Real Estate, and He Bingguang will serve as the general manager of Zhulu Real Estate, and Lu Qi will serve as the deputy general manager. In addition to being responsible for the company's daily management business, He Bingguang will also be responsible for the company's commercial affairs.

Building development.

Lu Qi will be responsible for the residential development of Zhulu Real Estate.

Then came the merger of the management of the two real estate companies. Some people were bound to leave their original positions. Through the cooperation of the operations department and the investigation department of Jiaku Consulting Company, the problematic and incompetent senior management were removed.

Those who are cleared internally and have no problems but are no longer suitable for the original position will join Jiaku Consulting Company based on their personal abilities and expertise.

In addition, because Sun Hung Kai holds 5 shares in Huhua Real Estate, now that the two companies merge, Sun Hung Kai holds 25 shares in Zhulu Real Estate.

"The company's three most important tasks for the next year."

Chu Huan began to give orders.

Everyone in the conference room took pens to take notes.

"The first task, the continued development of Huaye City, will continue to be the responsibility of Deputy General Manager Lu Qi."

The continuous development of Huaye City is a long and arduous task. Lu Qi has been in charge before, and it is not suitable to assign other candidates to take charge now.

"Understood!" Lu Qi said with a normal expression.

Lu Qi had already received notice in advance about serving as the deputy general manager of Zhulu Real Estate. At first, he must have been a little unconvinced. He had been responsible for the Huaye City project in the past two years, and it can be said that it went very smoothly.

For this project, you should be given the position of general manager.

But after Chu Huan talked to him alone, Lu Qi put aside his dissatisfaction and learned about Chu Huan's plan for the future development of the company. He knew that the future of the company was not only Xiangjiang, but also many big companies in other places.

This action made Lu Qi feel a lot better.

"The second task is that the company's development plan for this year and next is not to build more residential buildings, nor to build more commercial buildings, but to hoard land, whether it is at the Hong Kong government's land auction or among companies.

Mutual trading, within the next two years, the company will accumulate at least 5 million square feet of land, excluding the land exchange rights and existing land in the New Territories, with a ratio of commercial to residential at 4:6!"

Once this task was announced, everyone in the conference room was shocked by Chu Huan's generosity. No one expected that Chu Huan valued the hoarding of land so much. The most important thing is that this is not a small investment!?

He Bingguang, who has served as the general manager of Zhulu Real Estate, said, "Chairman, based on the current land prices in Hong Kong, if such a large area of ​​land hoarding is completed, it will require at least 1 billion Hong Kong dollars to complete!"

Wu Shuhan, who was still calculating in his mind how many square meters of land 5 million square feet would be, couldn't help but look up at Chu Huan after hearing this number, with surprise in his eyes.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! In the past, when my uncle wanted to use 5 million Hong Kong dollars, he had to seek help from banks all over the world. Now I have just entered Chu Huan's company.

I heard that the other party was planning a big project worth 1 billion yuan.

How could this not surprise Wu Shuhan!

As for Chu Huan, he looked calm. The hoarding of 5 million square feet of land for 1 billion Hong Kong dollars would definitely be unstoppable, but Chu Huan had no choice. This year and next will be the lowest land prices in Hong Kong in recent years. Even if

When the land price cycle in Xiangjiang hits the bottom next time, it will not be possible to drop to the current price.

So for Chu Huan, now is the last best time left to hoard land. If you miss this opportunity, you will never have such an opportunity again.

Therefore, Chu Huan would rather not develop new properties in the past two years, but also hoard the land to the end.

Take Hang Lung Properties from another time and space as an example. In 1978, Hang Lung Properties spent HK$200 million to purchase approximately 10,000 square feet of land from the listed company Taohua Datong, with an average price of HK$899 per square foot.

But what now?

After Chu Huan purchased the land in East Tsim Sha Tsui, the price of land in Hong Kong increased. The price of this land was only HK$215 per square foot. In just three years, the price of land in Hong Kong has increased by more than four times.

So now, it's the last chance!

"This fund will be transferred to you in batches from Jiaku. Zhulu Real Estate also needs to set up a special department to be responsible for the investment of this fund!"

If you can really buy 5 million square feet of land within two years, then there will be no need to develop it. By the time 80 years come, the value of these lands will have increased by about five times!

Seeing that Chu Huan had solved the funding problem, He Bingguang said nothing.

But there were expressions of joy on the faces of everyone present. The first independent project of the new company after the merger was a large project worth more than 1 billion Hong Kong dollars. Although there are no newspapers publishing the land reserves of each real estate company yet,

They believe that in one and a half years, Zhulu Real Estate will be the company with the largest land reserve in Xiangjiang.

Chu Huan did not pay attention to the changes in everyone's expressions, but continued to preach.

"The third task is naturally the development of the land in East Tsim Sha Tsui. This matter will be handed over to General Manager He. However, given that this is the first such large-scale project that General Manager He is responsible for, Jiaku will then

Provide comprehensive help, and Deputy General Manager Lu will also assist!”

He Bingguang naturally hopes that he can take full responsibility for this matter, but he also understands that the level of this project in the company is even higher than that of Huaye City. He has indeed never handled such a large project.

Without the help of Jiaku and Lu Qi, it would be difficult to ensure that no problems would arise.

But thinking that the company would hoard land on such a large scale later, there would definitely be other projects waiting for me, so I happily accepted this arrangement!

"Vice President Lu and Manager Xu, we will need your help next time!"

He Bingguang preached to Lu Qi and Xu Yi.

The two smiled and said there was no problem.

Xu Yi even said, "Mr. He, when the design drawings from Cao Yunzu are sent and approved by the boss, I will arrange a joint meeting between Zhulu Real Estate and Jiaku. I hope that everyone can work together to help the company bring the cutting-edge solutions to the forefront."

The Zhulu Commercial Center in the East is ready!”

The commercial project developed on the land in East Tsim Sha Tsui already has its own name, called Zhulu Commercial Center!

He Bingguang nodded and said, "I will set up a competition team in the company during this period to be responsible for this matter. Then everyone will work together!"

The next meeting will be a discussion of some detailed issues.

"Hey, it's really big news. Hang Lung Real Estate and Huhua Real Estate merged to form a new real estate company called Zhulu Real Estate?"

Just when everyone was attracted by the headlines in major newspapers about HSBC's acquisition of Ocean Milan Bank of North America, someone finally saw the news about the merger of Hang Lung Properties and Huhua Properties in the economic section of "Zhen Bao".

However, the section occupied by this news was not large. There was only a small Sifang section, indicating that the two companies merged and were renamed Zhulu Real Estate Group. No other news was released.

That's not to say that this news is not sensational. In fact, this news is very sensational, but there is nothing the major newspapers can do. Zhulu Real Estate only released such a piece of news and nothing else.

Even if they want it, they can’t get it!

However, there are also many newspapers that have comprehensively reported on the situation of the two real estate companies.

The final conclusion is that with the establishment of Zhulu Real Estate, this real estate company will become a large real estate company like Land.

Just the two projects of Huaye City and Zhulu Commercial Center are enough.

Sun Hung Kai!

Guo Desheng, Guo Bingxiang, and Guo Bingxiang, with long hair covering their ears, Guo Bingjiang, the second son of the Guo family, who had just returned from studying in North America, were sitting in Guo Desheng's office.

"How many real estate companies does Ah Huan have under her name now?"

Guo Dejiang put down the newspaper in his hand and asked Guo Bingxiang in a deep voice.

Guo Bingxiang said with his fingers, "The newly merged Zhulu Real Estate, Tianhai Real Estate, a subsidiary of Zhulu Real Estate, the listed company Huaren Real Estate, Huaren Real Estate, which cooperated with us to purchase Xiangjiang, Huahai Real Estate of Tokyo Real Estate, and Huahai Real Estate, which cooperated with Eagle Real Estate

Jun Real Estate, Haiyun Real Estate, which cooperates with Seibu Group in Japan.

There are only two big ones, Zhulu Real Estate and Chinese Real Estate. If you include other holding companies, there are a total of six real estate companies!"

"So, Ah Huan is preparing to go all out in the real estate industry in Xiangjiang!"

After Guo Desheng listened, he couldn't help but preach.

Guo Bingjiang, who had just returned to Xiangjiang, said at this time, "Daddy, after I came back, I also read some information about the real estate companies under Chu Huan's name, and found something very interesting."

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Guo Desheng and Guo Bingxiang looked at Guo Bingjiang at the same time. At this time, the two brothers Guo Bingxiang and Guo Bingjiang had not fallen out. In fact, even in the two years after Guo Desheng's death

, the relationship between the three brothers is also very good.

All of this was because of Guo Bingjiang's dramatic change of temperament after being labeled as a drug candidate, which led to the three brothers turning against each other. Guo Bingxiang even sent his two younger brothers to Stanley for a period of time.
To be continued...