Chapter 34 The Best Opportunity
After returning to the apartment, Barron met Yulia.
"What was the gain from going to the Kenton District Government?"
"In your name, I met with Mr. Mayor and expressed that we have got the King's Cross area to undergo an overall transformation. After the news, he did not directly deny it; It said that the plan has not been finally adopted, and before that, a consultation meeting with representatives of all relevant personnel will be held..."
Kings Cross is one of the 33 boroughs of Greater London. Camden district, at its heart.
Here, the chief of the administrative district is also called the "mayor", which is somewhat similar to the district chief in China.
Camton has always been a relatively underdeveloped area in London. Among the top 100 "poor residential areas" in London rated at the end of the last century, King's Cross accounted for 24 of them!
2001 data shows that compared with the average unemployment rate in London of 4%, the unemployment rate in Kenton is as high as 7%.
In terms of physical environment, King's Cross is an industrial "brownfield", leaving a large number of industrial relics in urgent need of renovation and a serious lack of public space.
Moreover, the circulation lines in front of the two train stations are chaotic, which affects their efficiency as a transportation hub.
Therefore, from the perspective of the development of the entire region, King's Cross is the center of the Camden district. Under the background that London is increasingly becoming an important global financial center and the gap in housing and office buildings is growing, it is necessary to develop Camden. District, large-scale comprehensive management of King's Cross is a necessary prerequisite.
After searching for a lot of information and confirming this point, Yulia agreed with Barron’s judgment for the first time, and actively began to assist him in the storage of the "Siamese triplets". The layout of the gas tank plot.
"What is your conclusion? Ms. Moore."
"My initial feeling is that Kenton is definitely formulating a plan for the King's Cross area, but it has not yet By the time it is finalized - even if the decision is made, there are still many procedures that need to be carried out before the final plan is finalized. However, what is going on in the world, in addition to more information, we also need some clearer signals, but I'm afraid. By that time, this news is no longer a secret among quite a few circles.”
Indeed, if Barron’s purpose this time is just to develop his own land, then there is no need to update it. There are many actions, just wait for the final news to be announced.
But Barron's ambitions don't stop there. You must know that London is the core location of Britain, but as the earliest country to industrialize, so far, it is not that easy to acquire land in London.
Lands like those owned by the Duke of Westminster’s family in London are enough to make anyone’s mouth water.
But at this time, if you want to enter real estate development, the most prosperous areas in London are already too crowded to accommodate - and Camton, or more precisely the King's Cross area in its center, because of the previous development It is relatively backward and has many "slum areas", so the big real estate developers are not active in developing it here.
There was once a saying among Londoners: Everyone would only pass by King's Cross, but not go to King's Cross.
This shows how bad the environment here was at that time.
But Barron knew that when he came here in his previous life, King's Cross had undergone earth-shaking changes, especially around the CBD, which had become London's emerging commercial center. He was the only one who still had the impression. There are British headquarters of well-known companies such as Google, Facebook, Louis Vuitton and Nike.
So for Barron at this time, if he wants to participate in the real estate industry in London, a global financial center where house prices will continue to rise in the next decade or so, then he wants to take part in the real estate industry in King's Cross. His best opportunity in recent years is to get as much land here as possible, which is much cheaper than other prosperous areas, and to participate in the renovation plan of the entire King's Cross area.
"Have you got any results about the situation of nearby land?"
"I inquired about the land information around King's Cross Station. After investigation, it was found that west of our family's gas storage tank There is a warehouse area of about 3 hectares on the side. The owner changed a month and a half ago. The company that now holds this land is the real estate company of Viscount Bute. " Yulia took out the King's Cross area. A map of the neighborhood was introduced, with the plots marked on it being touched by a finger.
That plot is immediately adjacent to the gas storage tank plot, on its west side.
Her finger crossed over the map again, landed on a mark on the south side of the gas tank land, and continued:
"No changes have been made to the other land plots. It has nothing to do with Viscount Bute, but this piece of land occupies a large area About 2 hectares, it was traded just a month ago, and the current owner is another company, but the owner of this company also belongs to the Bute family.”
After Yulia’s introduction, Looking at the marks on the map, Barron already understood.
No wonder Viscount Bute is so interested in the land where his family's abandoned gas tanks are located. It turns out that he has now acquired at least two plots in King's Cross, and the "Siamese triplets", It is located exactly between these two pieces of land.
If he buys the land owned by his family, Viscount Bute will be able to connect the two pieces of land he has acquired before. This will add up to a huge land of 11.5 hectares, which can be used for more types of land. type of planning to achieve maximum business benefits.
But if he cannot get this land, except for his two smaller plots of land, he will have fewer planning options. On the one hand, if the abandoned gas storage tank land is not developed for a long time, It will have a great negative impact on the value of his land after it is built; but if the Cavendish family develops it on its own or cooperates with others, although it will be relatively more beneficial to Viscount Bute, there are also other parties' concerns. The construction ultimately benefited the Cavendish family in vain.
At this time, Barron fell into memories... In the warehouse area, when he came to King's Cross Station in his previous life, there seemed to be a hotel, which looked relatively luxurious...
< br>The other piece of land is next to a park. It seems to be a shopping and leisure entertainment complex by the Regency River. It has a very unique shape.
After confirming these, Barron raised his head, looked at Yulia, and said:
"Ms. Moore, please continue to investigate whether there are any other plots of land in the King's Cross area that you are willing to sell, as well as a general valuation. I hope to complete these as soon as possible."
"This one is not available. Question, I will complete it as soon as possible..."
Yulia hesitated for a moment and said:
"But His Highness the Duke, the current king The renovation plan of the Cross District is just our guess. Not to mention that there may not necessarily be suitable land for sale there. Even if there is, it is still risky. If the renovation plan is not passed within a few years, it will be difficult to withdraw funds. Come out. And, our current funds..."
"I said, Ms. Moore, you should give me more credit."
Facing Yulia at this time, Barron's face was full of confidence:
"As for the funds, have you forgotten our bet? If I am not sure, I will not humiliate myself."
The data during the new book period is related to subsequent recommendations, so follow-up reading is very important. I beg you not to keep it all the time. If you feel it is okay, read it every day to help increase follow-up reading. Thank you very much.
(End of this chapter)