Chapter 67 067 [Impure Purpose] (Please collect)
Offend Yangtze River Industrial Company? !
Luo Qihong is very confident in this. If this is considered offending, then the real estate developer will not have to make a fortune. Moreover, if Li Jiacheng quarrels with him, the people of Xiangjiang will not laugh at Li Jiacheng to death.
This would only serve as an advertisement for Paramount Company. Luo Qihong wished Li Jiacheng would do this.
"This is a good idea. It seems we are going to make a lot of money." Lin Luoqi said happily. He didn't know how Luo Qihong set his sights on the Gongbei Building and made money from the Yangtze River Industrial Company. money.
Although Li Jiacheng is not as famous as in his previous life, the acquisition of Hutchison Whampoa Company, one of the four major foreign banks in Hong Kong, is enough to make him famous and become the envy of the Chinese in Hong Kong.
Lin Luoqi naturally hopes to have such a status, but it is a bit far away.
"Hurry up and mobilize funds and collect information. We have to start quickly." Luo Qihong was worried about running into Yangtze River Industrial Company. Of course, they would not be able to defeat Yangtze River Industrial Company.
"Okay, Yiren Real Estate Company can provide about 5 million. How much can Dehe Real Estate and Paramount provide?" Lin Luoqi asked.
Luo Qihong replied without thinking, "Dehe Real Estate can spend 8 million, and Paramount is almost 8 million. In this case, we can use 21 million yuan, which is probably only enough to buy a 2-story Gongbei Building. Scriptorium.”
"Then take a loan and buy another floor. There will be a total of three floors of property." Lin Luoqi's face changed slightly, but he was extremely determined.
"Okay, let's go to the third floor." Of course Luo Qihong is not afraid, the worst is not making money.
The acquisition of the office property in the 3-story Gongbei Building only covers an area of more than 20,000 square feet, so you cannot make much money.
Luo Qihong also has no choice. He cannot use all the funds to acquire the Gongbei Building property. Even if he makes 100% money, it is impossible, because other capital investment projects can earn more, or bring to achieve long-term benefits.
"There is another good news." Lin Luoqi smiled mysteriously. Seeing that Luo Qihong didn't have much fun, he said directly, "Cheung Kong Industrial Company, Sun Hung Kai Properties Company, New World Development Company and Henderson Photo Industry Company jointly established The Sha Tin real estate project built by Black & Decker Real Estate Company is about to go on sale. In the first phase, there will be 7 residential buildings with more than 1,000 residential units. Maybe we can win a few units.”
Hearing this, Luo Qihong paused for a moment. Shatin City No. 1 was very famous in its previous life. It made all the investment shareholders of Black & Decker Real Estate Co., Ltd. a lot of money. It took nearly 10 years to develop and the construction was not completed until the late 1980s. Not only did it make Black & Decker Real Estate Company owns three shopping malls, various merchant stores, and has made billions of dollars in profits.
He remembered that the seven residential buildings that were just launched would be snapped up, and then there would be some reversals. After all, the supply was too large, and slow sales were inevitable.
“OK! How many residential units can you get?” Luo Qihong thinks he can grasp the rhythm. Even if there is a reversal, he can profit from it.
“Seven to ten.” Lin Luoqi explained, “The real estate market in Shatin is so hot. Speculators, big and small, are all eyeing those seven residential buildings. It’s considered lucky to get a few units. Okay.”
“Pay 30% of the down payment or 20% of the down payment?” Luo Qihong said, “We need to prepare funds in advance.”
"20% of the down payment is about 1.4 million." Lin Luoqi said seriously.
Luo Qihong nodded, "1.4 million yuan is not a big amount, but it is up to you to contact me about this matter. I have to seize the time to take action against the Gongbei Building. If it is late, our losses will be great."
"Okay! Let's work separately!" Lin Luoqi said noncommittally.
Luo Qihong made some miscalculations in publicizing the stock market profits of Paramount Restaurant Company. Although he bought advertising space from newspapers with good sales such as "Oriental Daily" and "Tiantian Daily", he did not pay attention to Paramount Restaurant Company's stock market profits. Raising the stock price did not have much effect, it only increased the stock price by 1 cent.
Luo Qihong suspected that this 1 cent increase in the stock price was normal and had nothing to do with publicity, which meant that he had lost tens of thousands of dollars in advertising fees.
However, Information Integration Department Manager Su Qishan brought him good news, which was about the owner of the 6th-floor office building in Gongbei Building in Central who wanted to put it on the market. "How is the competition?" Luo Qihong asked. Central Properties has always been the best choice for real estate developers and speculators, and it is unlikely that no one will grab it.
Since 1979 and 1980, Li Jiacheng made a profit of 500 million yuan by speculating on the Federal Building and International Building in Central owned by Wheelock Company, and Chen Songqing made a profit of 680 million yuan by speculating on the Golden Gate Building. These incidents happened frequently, and powerful speculators began to speculate on the entire floor and the entire Central building. Commercial buildings in Central have become projects pursued by many speculators and real estate developers, and the prices will naturally not be low.
“The competition is fierce. I know of four companies that have sent people to contact the owners. The highest asking price is 9.2 million yuan. There is also news that the owner’s ideal price is 10 million yuan.” Su Qi Shan replied, paying attention to the expression on Luo Qihong's face.
"Okay! Help me make an appointment with the owner, and I will talk to him personally." Luo Qihong thought for a while, and continued, "Collect the information on the Gongbei Building as soon as possible and submit it to me before we meet. Also Continue to pay attention to Gongbei Building. If there are other owners who want to sell, please report it to me immediately. ”
"Yes, boss!" Su Qishan suddenly changed his title, causing Luo Qihong to take a deep look at this guy.
Luo Qihong didn't think much about Su Qishan's reaction, and quickly put his thoughts on the Gongbei Building. He might be able to make tens of millions of profits, so he had to be more cautious and thoughtful.
Although Gongbei Building is a small commercial building in Central, it has an excellent location and is in the financial center of Central. The price changes almost every day. The price of 10 million is not very expensive.
Those buyers who bid low may know that the owner is eager to sell and take the opportunity to lower the price in order to make more profits.
This is a common trick used by speculators and real estate developers. Although the method is old, it can be used openly and openly.
When he came to Dehe Real Estate Company, Luo Qihong handled some official duties and frowned slightly in vain.
The store partition business has encountered vicious competition. Some peers not only imitate, but also cut prices to compete. Although the price is reduced by one or two thousand yuan, once this kind of thing starts, it is difficult to stop it and will only evolve. The profit margin is very thin and the workload increases.
Dehe Real Estate Company has made more than 1 million in profits from this business. Luo Qihong is considering whether he should gradually let go of this business. There is still some profit, but it will slowly It has been reduced, and Dehe Real Estate Company has become much stronger. It is no longer very important for a store to make a profit of 20,000 or 30,000 yuan.
He also plans to focus the company's attention on commercial building speculation. In fact, the signal for land adjustment is about to sound. The increase in commercial buildings will be somewhat curbed, and the profits from speculation will begin to decline, so Luo Qihong plans to start as soon as possible. Hype, make more money.
Not long after, a call came from Paramount Company. Luo Qihong’s secretary at Paramount Company, Cheng Jianshen, asked, “Boss, your friend Miss Bai Jinyan called to ask if you would like to go tonight. Are you free for dinner? ”
Bai Jinyan!
Luo Qihong was slightly surprised. After a few words at Sun Hung Kai Securities, they had no other contacts. How could they invite him to dinner? Could it be Xiao Yuanrang's 'leaked news'? Bai Jinyan wants to replace Xiao Yuanrang?
He thinks that both parents are old friends and have been on a blind date, so it seems difficult to refuse.
"Did you say which restaurant it is?" Luo Qihong asked.
An echo came from the receiver, "It's the Happy Restaurant in Wan Chai! The time is about 7 o'clock in the evening."
"Yes! Just reply to her and I will go to the appointment on time." After Luo Qihong finished speaking, he hung up the phone.
This sudden invitation to dinner greatly reduced Luo Qihong's impression of Bai Jinyan. A woman who was only interested in profit was a bit scrupulous, and a woman with certain abilities made her even more scrupulous.
(End of this chapter)