In the past few days, transactions in the Xiangjiang real estate market have become increasingly active. It is no longer like this year, with only sellers and no buyers.
Some careful industry insiders have discovered that not only the Lee Group has begun to enter the Hong Kong real estate market on a large scale, but also groups that are closely related to the Li Group, such as Zhao Kee, Cheung Kong, Sun Hung Kai, etc., have also begun to enter the market on a large scale and are acquiring geographical locations.
Nice buildings, shops, and high-end residences.
It's a pity that most groups are currently short of funds and simply have no ability to join in. Although some of them believe that the Li Group and the Heung Kong Group have begun to enter the market on a large scale, which means that after more than a year of cold winter, the Hong Kong property market may improve.
It's starting to get warmer, but at this time I'm just feeling helpless.
Sellers in Xiangjiang have not given up the idea of selling their buildings and stores just because the market may pick up. They just want to cash out and leave the market as soon as possible. The plummeting property market has broken their hearts.
At first, they thought it was just a slight fluctuation, but they did not expect that the property market prices would fall further and further. By the time they wanted to sell, no one had come forward to take over, and they could only watch their assets shrinking.
Now someone is finally willing to take over. They just hope to be able to settle down as soon as possible without having to worry about it every day.
In particular, some owners who have debts with the bank prefer to sell their houses as early as possible so that they can pay off the bank loans and avoid having their buildings and stores taken away by the bank in the end.
Guo Qingya has been very busy these days. Her group has set up multiple negotiation teams to communicate with the owners of buildings and shops to acquire these buildings and shops.
On the morning of October 20, while Guo Qingya was looking at some documents, Li Guangyu came to her office.
Li Guangyu specially went to the office area of Wheelock Group to learn about the acquisition process of Wheelock Group in the past few days.
This time Wheelock Group will use 1.2 billion Hong Kong dollars to acquire buildings, shops and high-end residences in Xiangjiang. The amount of funds is very large, and it will also inject vitality into Xiangjiang's sluggish real estate market.
Several major real estate groups from the Xiangjiang Consortium also invested a lot of money in this operation. The combined funds of their major groups are even larger than the Wheelock Group.
After listening to Guo Qingya's report, Li Guangyu said, "Your group must move quickly. You have been preparing for such a long time, which is far more advantageous than Zhaoji, Cheung Kong and other groups. This time it is not just Wheelock Group who is taking action.
They will not miss this opportunity either. If some of the better buildings move slowly, Wheelock Group may miss it."
Guo Qingya is very confident about this. They have been preparing for this operation for nearly two years. She has complete information here. Their negotiation team also gave priority to the building for negotiation, and they are all in relatively good locations.
And although several major groups are making acquisitions here, there are still rules. As long as one group is negotiating acquisitions with the owner, the acquisition teams of other groups are not allowed to contact the owner.
Several major groups communicate every day to avoid internal friction among themselves. Wheelock Group has taken the lead in this regard.
Guo Qingya said confidently, "Li Sheng, please rest assured that our group has a complete plan and will definitely achieve very good results in this operation. Currently, several buildings in good locations that are intended for sale belong to our group."
The acquisition team is in discussions."
Li Guangyu knew that the reason why Guo Qingya was able to seize the opportunity was mainly because the Wheelock Group entered the market first, and other groups followed behind. Therefore, some buildings in good locations were preempted by the Wheelock Group. They
You can only buy the buildings and shops you like based on your own information.
This is Wheelock Group’s biggest move in the past two years, and it is also the first expansion move in the Hong Kong market since Guo Qingya took charge of Wheelock Group. Guo Qingya takes this matter very seriously.
Several vice presidents of Wheelock Group also personally supervise each acquisition team to ensure that the acquisition progresses every day and complete the acquisition as soon as possible.
Li Guangyu said, "You try your best to acquire the International Building and the Federal Building this time. These two buildings are where we originally struggled. This time they all have financial problems. They also intend to sell these two buildings. Will you be kind?"
Feng arranged for the acquisition team to communicate with them.”
When the Li's Consortium was just developing, Xingyu Game Group, Xiangyu Culture Group and Tianyu Financial Group were all established in these two buildings. Now the Li's Consortium has enough strength to acquire these two buildings.
It can also fill up some regrets.
At the same time, these two buildings will also be the headquarters buildings of Xingyu Game Group and Xiangyu Culture Group. This time Wheelock Group is just negotiating for the acquisition, and it is these two major groups that will pay.
"Li Sheng, two of our negotiation teams have already contacted the owners behind the two buildings and are communicating about the acquisition. We believe that we will be able to acquire these two buildings within this month."
Guo Qingya is also very fond of the Federal Building and the International Building. She herself once worked in the International Building. At that time, Xiangyu Cultural Group and Tianyu Investment Company shared the same floor, which seemed very crowded.
At that time, she never thought that one day she would be the president of a group with a market value of tens of billions. Thinking about the working environment at that time, it was really very different from now.
She still clearly remembers that Li Guangyu once said that if there is an opportunity in the future, he must make the International Building his own industry so that the group's office environment will no longer be crowded.
Now the Lee Consortium owns the current Lee Building, the new Wheelock Building is under construction, the Jiayi Building will also be rebuilt, and the Xiangjiang Air Transport Group Headquarters Building is also about to start construction. It also owns the Xiangjiang Telecom Group Building, which is 50 minutes away from each group.
It’s not far away that everyone owns office buildings independently.
Whether it is Hongyu Clothing Group or Tianyu Financial Group, there is no shortage of funds in both accounts. It is very easy for them to own an independent office building, but they don't know when they will build their own office building.
Li Guangyu said, "You can't just focus on this operation. Whether it is the horse racing city project, several major commercial complexes in Southeast Asia, or the construction of dock warehouses in Kuala Lumpur, you must pay attention to it. This is also related to the future development of our Li Group."
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Li Guangyu originally planned to let Starlight Real Estate Group take charge of the Southeast Asia and Lisboa Jockey Club projects, but Starlight Real Estate Group was busy with the construction of properties at the Taipei MRT Station in Taiwan and did not have the energy to take into account too much. Wheelock Group was
It was a free period, so Li Guangyu asked Wheelock Group to join in.
At present, whether it is the Racing City in Lisboa or the Chinatown projects in Kuala Lumpur, Bangkok, Jakarta and Singapore, they are all under rapid construction.
Chinatown is a complex integrating offices and commerce, aiming to become a local landmark building and enhance the influence of the Lee Group and the Heung Kong Group in the local area.
Guo Qingya replied, "Li Sheng, our group vice president Bai Jiangting is personally supervising the affairs here. The construction of projects in these areas is under steady construction according to time points."