"I'll find time to talk to Yihe Taipan Nui Bijian about this piece of land."
Su Cheng marked the information on this piece of land with a red pen and turned to the next page again.
The information on this page actually shows that two buildings are for sale together, namely the Federal Building and the Mong Kok International Building. The total price is HK$1.8 billion, and the seller is the famous Wheelock Group.
Sioux City knows the Federal Building because of its special status in Hong Kong. This building was built in 1964, with a height of 31 floors and 91 meters. It was the tallest commercial building in Hong Kong from 1964 to 1966. Therefore, its popularity is relatively high in Xiangjiang.
This commercial building located on Des Voeux Road in Central is often passed by by Sioux City and is an important part of the Central city skyline. Unexpectedly, it was put up for sale.
As for the Mong Kok International Building, it is also a relatively tall building on the Kowloon Peninsula, with a height of 30 floors.
Two buildings, both over 30 floors, were sold for a total of only HK$1.8 billion, and one of them is located in the heart of Central. You can make money by buying it!
The Wheelock Group is not having a good time now. Due to its lack of confidence in the prospects of Hong Kong and its overly conservative business practices, its profits in the real estate industry are not high. In addition, the depression in the shipping industry has given Wheelock The group has brought greater losses, causing the group to have a very difficult life today.
"What's going on here? Why did Wheelock Group sell the two buildings together?" Su Cheng asked Zhang Qizheng in surprise.
He believed that when Zhang Qi was collecting this information, he must have also investigated the situation behind it.
As expected, Zhang Qizheng answered directly: "Boss, it's like this. Wheelock, like Global Shipping Company, has more than 200 subsidiaries, but its main business is still the shipping industry. The shipping industry has been affected by the oil crisis and other factors. Many problems have emerged in recent years, and Global Shipping has been selling a large number of ships.
Wheelock is different. They are also increasing their efforts to order new ships, and even supply Global Shipping. The company is acquiring a large number of second-hand cargo ships. In their view, this is a great opportunity for Wheelock to surpass Global Shipping Company and become the world's number one shipping company.
Because Global Shipping Company has recently sold a number of cargo ships. , they planned to buy it, but they were short of funds, so they wanted to sell the two buildings, Federal Building and Mong Kok International Building, in order to return funds and use the money to purchase these cargo ships from Global Shipping Company. "
No. Do you think there is such a thing?
Su Cheng was a little surprised.
This Wheelock is really jumping into a pit of fire.
No wonder in the world before Sioux City traveled, Wheelock finally couldn't hold on and was acquired by the Charter King.
This is really seeking death.
As for the charter king, Su Cheng still knows some things because we are all shareholders of Wharf.
Now, the charter king focuses his energy on the Wharf. Although Global Shipping Company is his fortune industry, he has realized that if Global Shipping Company does not reduce its burden, it will definitely be in debt in the future. Tired, thus weighing him down.
Therefore, Global Shipping Company has been continuously reducing its capital. It is said that many plans to build new ships originally planned at the beginning of last year have been stopped by the charter king.
Today, the main goal of the Charter King is to have Wharf build Harbor City as soon as possible and then put it into use.
Previously, although Sioux City’s logistics company also bought some cargo ships and oil tankers from Global Shipping Company, they did not sell many. Wheelock is the real big customer of Universal Shipping Company, and it is constantly taking over ships that Universal Shipping Company has eliminated.
"What is the approximate market price of these two buildings?" Su Cheng asked.
"The market price is around HK$2 billion, but there is a price but no market. With the current market conditions, it is difficult to sell it." Zhang Qizheng replied.
Su Cheng nodded, already calling Xiao Ai in his heart.
"Xiao Ai, do you have any information on the sale of the Federal Building?" Su Cheng asked in his mind.
"Yes, master." Xiao Ai quickly gave the answer.
It turns out that if Su City does not buy this time, next year, in 1980, Wheelock's Federal Real Estate and Li Chaoren's Yangtze River Holdings will form Zhuojian Investment Co., Ltd., each holding 50% of the equity; Zhuojian First, he purchased the Federal Building and the International Building owned by Wheelock at an internal price of 1 billion yuan, and received 500 million in cash. Then, with the help of Zhuo Jian, Li Chaoren sold the two buildings for 2.235 billion, and then asked Wheelock to cash out 1.1 billion, and Li Chaoren also received 1.1 billion yuan. After deducting the 500 million yuan originally paid to Wheelock, he earned 600 million yuan in just a few months.
This is the shortsightedness of John Madden, the current chairman of Wheelock. In order to reduce risks, when developing real estate, Wheelock would rather revalue the land, allocate capital, and then cooperate with other powerful developers. Divide profits.
Zhuo Jian is just a shell company created by Wheelock to prevent risks. The main purpose is to sell these two buildings. In the end, Li Chaoren asked others to contact others to buy them for 2.235 billion, which was in vain. Although others easily made HK$600 million, Wheelock actually obtained about HK$1.6 billion in funds.
This should have been secretly discussed between Li Chaoren and Wheelock Chairman John Madden. Perhaps Li Chaoren already knew that someone was willing to pay this price to buy these two buildings, otherwise it would not be like this in the end. operation.
From this point of view, Wheelock finally had no choice but to hand over the sale to Li Chaoren because he couldn't sell it at the price he had listed before, and then he did this?
Su Cheng has probably seen some of the tricks, so he has to admire Li Chaoren. It is indeed extraordinary for a person to become the richest man in his previous life.
However, since this world has been encountered by him, it will naturally not allow Li Chaoren to have the opportunity to make this money.
He has taken a liking to these two buildings.
1 billion is definitely unrealistic. After all, it is just the price at which the Wheelock Group sells its left hand to its right hand. For a property with a market price of around 2 billion, they are now selling it for 1.8 billion, which is not outrageous. .
However, since he chose to cooperate with Li Chaoren, the final profit was only 1.6 billion Hong Kong dollars, which means that they are also able to accept the price of 1.6 billion, it just depends on how to convince them.
Thinking of this, Su Cheng smiled and said to Zhang Qizheng, "I'm interested in this too."
Zhang Qizheng was a little surprised. If the boss looked at it this way, wouldn't he be able to buy all the properties with this information?
Because he himself has calculated the total value of this information. If the prices paid by these owners themselves are used, the total price will exceed 8 billion Hong Kong dollars, reaching 8.685 billion Hong Kong dollars.
As for the land on the first page and the two buildings on the second page, the total sales price has reached HK$4.186 billion. (End of this chapter)