In the morning, Lam Cho-fai came to No. 9 Queen's Road Central to attend the unveiling ceremony of the "Nine Queen's Road Central" building.
This building was purchased a year ago at a cost of 3 billion Hong Kong dollars. Even now, it is still 20 to 30% more expensive. Therefore, many people also believe that Lin Zuhui is not a god and there are times when investments fail.
Of course, if it starts next spring, those people will immediately admire Lin Zuhui and marvel at Lin Zuhui's bargain hunting methods.
No one would think why Lam Cho-fai didn't buy this building when real estate was heating up, because Land Land is not a fool. If there is not a big premium, others will definitely "wait for the price" and wait for the right time to sell.
No. 9 Avenue Central Building is just on the north side of the road in Queen's Road Central, so below it is the shopping mall - Jiaxuan Plaza, and above it is the office building.
At present, its investment promotion work has been completed, and the vacancy rate is 6%, which is not bad.
The main reason is that the location is good, with Standard Chartered Bank Building and HSBC Building on one side, and Hengchang Building on the other. Queen's Road Central is originally the commercial and financial core street in Central.
Such a building will be worth 3.8 billion in more than half a year. You can imagine how expensive it is. In more than 20 years, this building will be worth 20 billion. During this period, the rent collection alone will be worth 20 billion.
Get your money back.
Lin Zuhui couldn't be more happy.
"Lin Sheng, congratulations!"
The friends and guests who came to attend all wanted to congratulate Lin Zuhui, and Lin Zuhui also responded one after another.
After such a building was completed, Lin Zuhui was naturally able to invite Wei Yixin to attend. In addition to him, Simon Keswick also came to attend the opening ceremony.
Simon Keswick said with a smile: "Mr. Lin may be able to remain the richest man in China just by relying on the rent-collecting properties in his hands!"
The rent-collecting area of Chinese Real Estate is so huge that no real estate company in Xiangjiang can match it, let alone one that is still under construction or reconstruction.
The only regret is that it is not a large commercial complex, a comprehensive building complex such as Harbor City, New World Center, and Convention and Exhibition Center. Tsuen Wan Plaza is a large commercial complex, but after all, the location is a bit inferior.
Lin Zuhui smiled and said: "Haha, the shareholders of New Era Group will definitely scold me every day!"
As soon as he finished speaking, everyone laughed, and they had to admire Lin Zuhui's "good at talking" and easily solving some problems.
After a while, Wei Yixin came to the scene, and Lin Zuhui quickly greeted him and invited him to hold the unveiling together.
After the unveiling ceremony was held happily, Wei Yixin was not in a hurry to leave, but started chatting with Lin Zuhui and others.
Wei Yixin said: "Mr. Lin, the South China Morning Post invited me to present you with the 'Business Achievement Award' this year!" After speaking, he looked at Lin Zuhui with a smile.
The South China Morning Post's 'Business Achievement Award' was only held last year. At that time, there was some controversy as to whether it should be given to Li Chaoren or Lin Zuhui. This is a very strange scene. According to everyone's long-standing thinking, no one in Hong Kong can compete with Li Chaoren.
business success.
Unconsciously, everyone's thinking began to change. It turns out that Lin Zuhui can really be compared with Li Chaoren's business achievements.
Last year, Lin Zuhui was indeed a little behind Li Chaoren, but this year, comparing the two together, Li Chaoren was also a little behind.
Lin Zuhui responded with a smile: "I feel ashamed, but I have to trouble you again!"
In fact, the relationship between Lin Zuhui and Wei Yixin is very good, even slightly better than the relationship between Li Chaoren and Wei Yixin. This is probably why Wei Yixin made such an incredible friendship with the richest young Chinese man during his tenure.
It felt like I had witnessed a miracle.
Wei Yixin said seriously: "I am particularly happy to present you the award. Your business achievements have amazed me as a friend. Maybe in a few years, your 'Hong Kong Culture Revitalizes Hong Kong' will really inject a kind of spirit into Hong Kong."
I am very optimistic about the new economic power!"
"Thank you very much for your recognition!"
Because he needs some support from the Hong Kong government, Lin Zuhui also needs to communicate with relevant departments of the Hong Kong government and people like Wei Yixin. Everyone is still very optimistic about the entertainment industry chain proposed by Lin Zuhui. Xiangjiang has a developed entertainment industry, and
Now YG Entertainment seems to have achieved very good results.
Taking into account YG Entertainment, Asia Satellite TV, program copyrights, and drama copyrights sold overseas, these are all incredible achievements.
People around him couldn't help but sigh, Lam Cho-fai is the new darling of the Hong Kong government, and Li Chaoren has somewhat lost his power.
After a lively moment, Lin Zuhui thanked the guests who attended, and the opening ceremony was concluded.
The unveiling ceremony is not an opening. No. 9 Queen's Road Central will officially open in January next year, but the leasing work has basically been completed. Chinese Land has rich experience and channels in the retail field, so many international brands are here, and it will be another one in Central.
Shopping mecca.
As for next year's rental income, it is almost 250 million, which is not particularly impressive. However, Lin Zuhui is not worried, because most leases are only for one year, and the subsequent rent can be increased by at least 40%.
For example, if Lin Zuhui can predict the trend of commercial real estate in Xiangjiang, he can make a lot of money for the company!
For example, Central Plaza will be topped out in April next year, but it is still not open for leasing. Lin Zuhui plans to start leasing again in the second half of next year, so that he can make a lot more money.
This was not a big deal. From 1996 to the first half of 1997, Lin Zuhui either had to cash out some properties with poor rent collection rates at high prices, or directly extend the lease period.
In this way, he is responsible to the shareholders. As for the complaints from the tenants, it can only be said that they have no vision.
For example, in 1981, at the peak of the real estate industry, Zheng Yutong informed more than 200 of his tenants that the lease period had expired and would not be renewed, so they could only buy. As a result, more than 200 tenants had to pay for the purchase, allowing New World to cash out more than 1 billion in funds.
As you can imagine, the results were that the shareholders were happy and the new owners were complaining.
Capitalists, there are kind people!
Then again, it’s not just capitalists who are like this!
........
A house in Whampoa Gardens.
Huang Sumei pulled her daughter aside and said, "My dear daughter, how are you getting along with Boss Lin recently?"
Cai Shaofeng didn't understand why and said honestly: "Mommy, he is so busy that he may not be able to see me three times a month. Besides, he..."
Huang Sumei was immediately startled and asked nervously: "Then he can't do it? It doesn't make sense. He is so romantic, how can he not be able to do it? Could it be that he has damaged his body?"
Cai Shaofen's face suddenly turned red. Mommy, really, how could you say such a thing so directly?
However, it concerns that man's reputation. If my mother spreads the news, I'm afraid it will anger others.
"No way, he is very powerful! But I think there are probably a lot of women around him, and others may not like me too much!"
Huang Sumei was relieved when she heard that she was awesome, but she immediately retorted to her daughter: "You are a Hong Kong sister. How could he not like you? You have to work hard to cater to others. I am being debt-collected now. You have to find a way to get rid of him."
Get 2 million there, or your mother will die!"
Cai Shaofen suddenly felt that this mother made her sad. Although she had known that her mother sent her to Lin Zuhui's bed and took the money. Although she was a little uncomfortable, the man was very good after all.
But now what his mother said suddenly made Cai Shaofen feel that he needed to cater to others and then ask for money so that he could squander it for his mother.
"Mommy, someone else only gave us 2 million, and also gave us a house worth 4 million. If you ask me to ask him for money now, how can I explain it?"
"I don't care, he is so rich, he will definitely give it to you again! If you cooperate more in bed, the man will definitely agree to it. If you don't help me, then I will have to sell this house! Otherwise, you can see
Let me be hacked to death!"
Cai Shaofen suddenly felt that life was so sad!
.......
Furama Hotel.
Lin Zuhui looked at the obedient Cai Shaofen and said calmly: "You took the initiative to ask me out. Your mother must have lost money again and forced you to come, right?"
Cai Shaofen nodded pitifully and then remained silent. He seemed to feel that his face was shameless and his life was miserable.
This is a talkative person from later generations!
Lin Zuhui held her in his arms and said seriously face to face: "There is no money problem, I will solve it for you! Okay, be happy!"