For the Li family's Cyberport plan, they hired a team from PricewaterhouseCoopers as a consultant. They polished it carefully and polished it again, spending a lot of money and countless energy before finalizing the plan.
Su Yehao thought about it for a while, but of course his idea was insufficient and needed further study.
No matter what.
As long as you accept this big job, it will definitely be profitable. It's just a matter of making more or less.
From the current point of view, the joint venture plan to develop the Cyberport at Kai Tak Airport is obviously not as good as the Li family's plan to win together with residential buildings.
What the Li family wanted was mainly to ask the higher-ups to provide a park and a large area of residential land. They would help develop the park and give it to the Hong Kong government to keep for rent collection. As for the residential land, it would belong to the Li family.
The euphemistic saying is that selling houses is not to make money, but purely to help the authorities develop the Cyberport, so as not to let the port city miss the opportunity of a new round of transformation.
Follow the latest public news.
If the land is approved, 62% of it will be used to develop Cyberport, and the other 38% will be owned by the second son of the Li family and used to develop residential projects.
Anyone with a discerning eye can understand the trick here, because the house can be built higher. The document only stipulates the floor area, but does not specify the construction area.
The outside world is wrangling over the problems in these plans, and almost all well-known developers have jumped out and want an explanation from above.
I guess I couldn't find any reason, so I just said that Second Young Master Li has experience and holds a large number of leases for Internet companies. It is probably because of this that someone asked Mr. Tang to come forward and try to win over Su Yehao to join forces.
A whole afternoon.
Su Yehao was investigating information about Cyberport and contacted Vice President Zheng Yongwen to ask for help in asking for details.
The feedback I received is that some details have not been finalized yet, but it is almost successful, and we are discussing the proportion of the income from the residential development, which means that the authorities do not intend to let the Li family exclusively enjoy the income from the development of the residential property.
Hearing this news made Su Yehao feel much more balanced.
Suddenly he felt that there was no need to focus on residential land.
Anyway, the current transaction price of land auctions in Hong Kong City is not high. Land can be bought everywhere. The rate of return is probably not as good as investing in Pengcheng. It is better to treat it as a pure commercial real estate project and only earn some real estate appreciation and rental income.
.
As soon as this idea came up, Su Yehao suddenly felt a sense of enlightenment, as if he had cleared away the layers of clouds and pointed directly at the core of the problem - Cyberport!
evening.
At nearly six o'clock, I picked up the old man at the halfway point and went to the Jockey Club clubhouse for dinner.
After Su Yehao took Nangong Tian to his seat, after listening to his grandfather's introduction, he discovered that several well-known real estate developers, including New World, Sun Hung Kai, Swire, and Henglong Land, had all sent people over.
There are seven people in total, and the total market value of the listed companies involved behind this is two to three hundred billion Hong Kong dollars.
As a large-scale project with a scale of over 10 billion Hong Kong dollars, the popularity of Cyberport can be seen from this.
Probably because of Su Yehao's young age and lower seniority, an old man in his sixties named Song had a kind face and asked straight to the point:
"Master Xiao Su, you should have heard what your grandpa said about the purpose of us old guys setting this table tonight to invite you here? How about you? If you are not interested in Cyberport, people say you are a rare person.
A business genius, it’s impossible not to know the specific situation, right?”
Drinking the tea he brought, Su Yehao smiled, nodded and replied:
"Every uncle and uncle come to me if you have something to do. How dare I not prepare carefully? I have spent the whole afternoon on this matter and have almost read the public news. However, it is difficult to say what is private. I heard that it will be soon.
The announcement that more than 20 hectares of land will be handed over to the Li family for development is a bit sudden."
"It's all about making money, no matter what others think."
An old man in his fifties with gray hair and a cane, with an unattractive appearance, played with a mutton-fat jade piece in his hand, and then said: "We are gathered here today because we want to compete for one or two billion.
It’s just a project, everyone has to spend some money, why are you afraid that you won’t be able to make it work?”
"That's right! The Cyberport looks like it's not a building for sale. It's simply a project tailor-made for others. Now that Mr. Su is standing up for us, I see how many more excuses they can come up with."
The uncles here are either executives or shareholders.
The heads of each company did not show up. After all, it was just a consultation and the cooperation had not been formally finalized.
Seeing that each of them was full of energy and had a loud voice, Su Yehao couldn't laugh or cry, so he interrupted and asked: "I am indeed engaged in high-tech business, and I have a certain right to speak. However, before talking about the matter, I would like to ask, why do you uncles want to
If you want to compete, are you just looking at residential land?"
"Of course, besides making money, why else?"
The old man surnamed Song looked at Su Yehao and then told him: "Obviously the land will be auctioned and the money obtained can be used to develop the Cyberport. Why don't you sell them to us?"
"Yeah, it's obvious there's a fraud 1
Hear the words.
Su Yehao, who was so noisy that his ears were buzzing, felt that their energy was better than his own, and he said again:
"But if you just sell land and raise money to develop the Cyberport, in the end there will be nothing but rent collection. However, once the Li family's plan is adopted, in addition to rent collection, it can also develop residential land through public-private partnership. This may be possible in the future.
It’s also a huge amount of profit. From the perspective of return rate, the Li family’s plan this time is really brilliant.”
Confidence is often directly proportional to the thickness of your wallet.
Facing a group of uncles and uncles, Su Yehao was calm and composed. Beside him, Xiao Nizi and the old man sat on the left and right, neither of them interested in talking.
Opposite the round table.
A middle-aged man in his forties, holding a cigar in his hand, asked: "Seeing that Mr. Su has something to say, is there any other idea that can surpass their plan this time?"
"Yes, young master, you might as well say what you have to say. With your reputation, you are the best at speaking up. Whether we succeed or fail this time mainly depends on you."
He coughed dryly.
Su Yehao didn't hide it, he said calmly:
"Yes, so I thought about it. If I get the land and fund the construction of a Cyberport, wouldn't the reason for building a Cyberport disappear immediately?"
"I can also arrange for rent relief and support for start-up companies, and maybe I can do a better job than them. I just need to develop a city with the theme of the Internet and semiconductor technology, and integrate office buildings, hotels, retail, parks and entertainment facilities.
The total construction area of this comprehensive park is about 200,000 square meters, which will definitely be enough for the initial stage."
"It just so happens that I'm coming to Hong Kong to open a few new companies. It doesn't matter if we build them together. The superiors only need to announce the support plan and wait to receive the funds to buy the land. There is no need to worry about the rest. I will
Responsible for one’s own profits and losses”
As soon as these words came out, the private room fell silent for an instant.
Others just want to steal and get a piece of the action.
According to Su Yehao's intention, he obviously wanted to overturn the table and take the pot back to his home.
Even Mr. Tang was twitching at the corners of his mouth right now, thinking about how much money he would need.
A preliminary answer is that 10 billion Hong Kong dollars is almost worth it, and I'm afraid it won't be enough.
The reason why he dares to say this is because Su Yehao knows that the construction speed is not that fast, and he invests one after another in three to five years, so there is not that much pressure on funds.
After he finished saying what he wanted to say, he glanced around and asked with a smile:
"According to this new plan for commercial real estate projects, who wants to join in and cooperate with me in development?"