The New Year of 1982 came very early, already in January.

No. 12 Mount Galley Road is also becoming more and more lively every year.

After all, with the passage of time, the number of people in the Chu family has increased.

However, the bustle of No. 12 Mount Galley Road cannot be compared with the bustle of the real estate industry in Xiangjiang. After the rapid development of the real estate industry last year, in 1982 in Xiangjiang, at least at the beginning of the year, the real estate industry in Xiangjiang was not visible.

Any kind of decline will come out.

It was at this time that the Hong Kong government launched a bombshell. Just after the New Year, the Hong Kong government announced that it would launch a 144,000-square-foot land parcel in the Central District to the west of Connaught Building. Now

It is the terminus of minibuses and minibuses in Central. It can be said to be the center of the Central business core area of ​​Hong Kong Island and the king of places among the "kings of places".

As soon as this news came out, it immediately caused a huge sensation in Hong Kong. Central, as the financial center of Hong Kong, rarely has such land here anymore.

Immediately, real estate companies such as Sun Hung Kai, New World, Cheung Kong, Henderson Land Development, Carline, Sun Hup, and Great Eagle announced that they would participate in this bidding.

He Bingguang, Wen Mingzhang, and Qiao John also appeared in Chu Huan's office at the same time.

Although last year, Chu Huan had already said that he would try to reduce the investment of Jiaku real estate companies in real estate projects, this piece of land is really too tempting. If it can be photographed, at this time,

Calculating the building proportions in Central, a large-scale building complex with a rental area of ​​more than 1.5 million square feet can be built here.

Now the rent of Grade A office buildings in Central has reached HK$30 per square foot per month.

If this is the case, the building complex built here can increase the company's rent by HK$540 million per year.

This is still the current price, what if the price increases in the future?

Chu Huan naturally knew the thoughts of the three of them, and even Chu Huan knew better than them. This piece of land was actually Land's trading plaza. At that time, Land bought this land for a record price of 100 million Hong Kong dollars.

A piece of land, plus the funds to build the Exchange Square, the total investment is 8 billion Hong Kong dollars.

And what about the rent at Exchange Square?

After Hong Kong experienced the trough of the real estate industry in the 1980s, the rent at Exchange Square was HK$31-35 per square foot per month in 1987, rising to HK$55-62 per square foot per month in 1989.

At that time, it climbed directly to HK$85 per square foot per month.

In this century, the peak price was HK$110 per square foot in 1994!

In other words, if the Jiaku real estate company can acquire this piece of land, just the four-year rent in 1994 will bring the company back 100 million Hong Kong dollars. Plus the years in the early 1990s, basically

Just get your money back!

But that's not how it worked out. In another time and space, the land in the official Exchange Plaza almost overwhelmed Land. Later, he even sold his shares in Hong Kong Electric, which relieved his financial pressure.

Moreover, the land price in Xiangjiang is obviously too high at this time. If we acquire this land at this time, we don’t have to wait until next year. We will be laughed at by the end of this year.

However, even because of this, Chu Huan still decided to take over the land. The reason was very simple, that is, if it was not taken at this time, the land would fall into the hands of other companies.

This is not the case last year when the subway company launched a bidding process for property development rights on subway stations. Everyone knows the value of this land and no one will give it up.

Otherwise, in another time and space, Land would not have sold its shares in HK Electric and continued with the Exchange Square project!

So now even if Chu Huan knew that the price of this land was a bit high, he still had to get it.

Moreover, Chu Huan has other plans for this matter.

"Hehui, Land Land will not fight for this piece of land. I am going to let Zhulu Real Estate fight for this piece of land!"

Chu Huan sat there and calmly preached to the three of them.

When John Qiao heard what Chu Huan said, although he was still a little reluctant, he didn't say anything. After all, he also knew that the focus of the peace conference's development was actually no longer on real estate.

Wen Mingzhang is different. Land's development focus is in Central, and now this land is next to the Leisure Center. If we can win this land, we can open up the connection between the Leisure Center and this land. In this case, Land will be in Central

Its position will become more solid.

"Chairman, Land."

So Wen Mingzhang told Chu Huan what he was thinking, hoping to get Chu Huan's support.

Chu Huan naturally knew what kind of benefits this land would bring to Land if it fell into the hands of Land. If it weren't for the subsequent development and Chu Huan's own plans, he would definitely hand over the project to his death.

For Land, but at least the current situation is not allowed!

"I understand what you mean, but now I have decided on this matter!"

Wen Mingzhang wanted to say something else, but when he saw the displeasure in Chu Huan's eyes, he honestly shut up.

Seeing this, Chu Huan said calmly: "As for the group's board of directors, you can just handle it yourself!"

Wen Mingzhang could only nod seriously at this time.

However, at this time, Wen Mingzhang felt that he seemed to have guessed what Chu Huan meant. Unlike Zhulu Real Estate, Hehe International-Wheelock was a private company fully controlled by Chu Huan, while Land was a listed company.

For ordinary people, such a listed company naturally has many benefits and can raise more funds in the stock market.

But when I think about my boss, he owns two banks, one is a first-class commercial bank in North America, and the other is a top commercial bank group in Hong Kong. Under such circumstances, my boss is not short of money, so the listed company

On the contrary, his position has become a bad situation.

For a fully controlled company, all profits are its own, while for a listed company, its profits are nominally distributed to those shareholders.

As long as this piece of land in Central develops well, it will definitely make money. Since it can make money and your boss is not short of money, it is better to put all the profits in your own hands.

"Okay, you two can leave. I still have some things to talk to He Bingguang."

John Qiao and Wen Mingzhang got up and left Chu Huan's office.

At this time, Chu Huanxiao looked at He Bingguang and asked, "What do you think of this land?"

He Bingguang did not hesitate and said directly: "As long as this land develops well, it will definitely become a cornucopia. But the key to the problem is that we can see this, and other real estate companies can also see it. It is conceivable that this

The price tag for the land is absolutely astronomical!”

After hearing this, Chu Huan also nodded and said: "Do you know why the group transferred 10% of Volkswagen International Investment's shares in Jiani to Zhulu Real Estate in the middle of last year?"

In October last year, two Jiaku group companies, Volkswagen International Investment and Zhulu Real Estate, completed an internal transaction.

The subject of the transaction is Volkswagen International Investment's 10% stake in Carin.

However, at that time, the entire Xiangjiang business community knew about the relationship between Volkswagen International Investment and Zhulu Real Estate, and did not think much about this transaction.

It is simply that Zhulu Real Estate itself is a real estate company and can more easily control the direction of Jianning.

But at this moment, Chu Huan suddenly asked He Bingguang about this matter, and He Bingguang knew that this matter was definitely not that simple.

I asked after thinking for a moment.

"Chairman, do you mean just for this time?"

Chu Huan nodded and asked: "After one year of development, what is the market value of Jianing?"

He Bingguang replied: "According to the opening price of the Hong Kong stock market today, Carin's market value has reached 100 million Hong Kong dollars. Originally, this market value had exceeded 10 billion before, but during the period around the New Year, someone suddenly began to sell off several dollars in a big way.

The second Jianing stock price caused Jianing's share price to fall a part!"

Chu Huan naturally knew about this, because it was Zhao Yazhi and others who sold Jia Ning's shares.

"Yes!" Chu Huan couldn't help but sigh: "In just one year, Jianing's market value has increased by more than three times. Such a speed is also very rare in the business history of Xiangjiang!"

He Bingguang failed to understand what Chu Huan meant, and could only echo: "This is also because Chairman, you have a sharp vision. When Jianing just started to develop, you were already very optimistic about Jianing!"

Chu Huan smiled and waved his hands and said: "In this bid for this land in Central, Zhulu Real Estate will send out a signal that it is bound to win, and the beginning of this signal is to ask the Xiangjiang business community about the sale of Jianing shares!"

He Bingguang was stunned. He didn't expect Chu Huan to sell Jianing's shares?

You must know that the entire Xiangjiang business community now believes that Jiani's future development is likely to reach a higher level and become a giant in Xiangjiang.

But now Chu Huan actually wants to sell Jianing's shares.

Isn’t this just holding a cornucopia and pushing it outward?

More importantly, Zhulu Real Estate currently holds 10% of the shares of Jianning and is one of Jianning's major shareholders. If Zhulu wants to sell off their shares in Jianning, it will inevitably cause turbulence in Jianning's stock price.

This is not worth the loss for them!

"Chairman, can Zhuilu's funds fully support the launch of this project in Central?"

He Bingguang couldn't help but preach.

Chu Huan waved his hand and said: "Of course I know that Zhuilu's funds are sufficient, but this has nothing to do with whether Zhulu's funds are sufficient. If you don't sell Jianing's stock at this time, it will be even more difficult to sell it in the future!

"

Hearing what Chu Huan said, He Bingguang's expression suddenly changed. At this time, he thought of the order Chu Huan issued to Zhulu Real Estate last year to slow down Zhulu Real Estate's development of new real estate projects.

Thinking of Chu Huan's decision at this time, I couldn't help but ask Chu Huan: "Chairman, do you mean that Jia Ning will have problems in the future? Or is the trough of the entire real estate market in Xiangjiang coming?"

When Chu Huan asked He Bingguang and others to reduce their investment in the real estate industry, he had already said that the real estate industry in Xiangjiang was about to enter a new cycle. In order to reduce losses, he asked the three major real estate groups under Jiaku to reduce their investment in the real estate industry.

real estate projects.

Now Chu Huan wants to sell Jianing's shares again.

He Bingguang couldn't help but think so.

In this regard, Chu Huandao did not hide anything and said: "My analysis is this. The economic market in Hong Kong is too easily affected by social events. Nowadays, there are discussions between my hometown and England about the future of Hong Kong.

It’s getting stronger and stronger, we have to make preparations!”

He Bingguang said in surprise: "If this is the case, then what about the land we are auctioning now?"
To be continued...