I want to be a giant of Hong Kong Island

Chapter 477 [Wharf's Bright Future! 】

The flight landed slowly at Kai Tak Airport. Wu Guangyao stepped off the plane and couldn't help sighing in his heart. It's not bad to be the "King of Hong Kong Island", why bother traveling all over the world?

However, Wu Guangyao quickly waved away this idea, 'King of Hong Kong Island' has a top family in the world, so it feels a sense of accomplishment!

"Husband!" Lin Yueru waved to Wu Guangyao from afar.

Wu Guangyao greeted her with a smile, and hugged Lin Yueru into his arms!
"Have you been waiting for a long time!" Wu Guangyao asked after letting go of Lin Yueru.

"It's okay! After sitting in the office here for a while, I don't think so!" Lin Yueru said.

This is a good way. Hong Kong Island Airlines is its own business, and the airport also has Wu Guangyao's office, which is much more comfortable than the VIP lounge at the airport.

While talking, the two got into the car and drove towards home.

When I got home, I chatted happily with my family;

As for Wu Xianshuo, who performed well this time, he has returned to the United States and is preparing for graduation.

wharf group

Wu Guangyao sat in the original Taipan's office, flipping through a stack of detailed materials about the Wharf Group.

It has been a week since the Wharf Group was acquired by the Wu family. During this week, Shi Jun and Rong Bensheng only led a few managers to the Wharf Group;
Their main duty is to watch over the people of Jardine Matheson and stabilize Jardine Matheson to avoid property damage, and they will take no further action.

Although Goh Kuan Yew's team is good enough to manage the Wharf Group, everyone will still wait for the return of 'The King' and enjoy the fruits of this victory.

Wu Guangyao looked at the specific information of Wharf Group in his hand, and felt more and more that he had picked up a treasure!
Wharf is a group company, the full name is Wharf Group Co., Ltd., and it is the parent company that is listed.

Under the Wharf Group, excluding the affiliated companies that invest in shares, there are three larger subsidiaries, namely Wharf (dock, warehouse business), Harbor Enterprise Co., Ltd. (Ocean Terminal, Harbor City under construction), Star Ferry (the only means of transportation from Kowloon to the island).

Wharf has developed from a dock warehouse at the beginning to the largest cargo port on Hong Kong Island today. It has a deep-water wharf, an open-air cargo yard, and a cargo warehouse. It is a proper landlord in Hong Kong.

And the most important thing is that Wharf's dock warehouse sites located in Tsim Sha Tsui, Hong Kong Island, and the New Territories are all prime locations and priceless. The real estate tycoons in Xiangjiang are greedy, but they are frightened by the power of the Jardine Consortium. Don't dare to move your mind.

The Wharf land in Tsim Sha Tsui is as high as 1100 million square feet, with a lease term of 1000 years. These two figures alone are enough to make Wu Guangyao the "landlord" of Hong Kong Island.

Of course, although the Wharf land in Tsim Sha Tsui is as high as 1100 million square feet, considering the volume ratio, the commercial area that can be built is about 300 million square feet.

What kind of concept is this? Currently, the total planned area of ​​Harbor City is only 45 square feet, which means that there is still more than 200 million land available for Wu Guangyao to develop commercial buildings.

No wonder Wu Guangyao’s team told himself that when acquiring Wharf, the land value of Wharf was more than HK$40 billion;
Then Wu Guangyao can't wait to tell these people that the total value of these lands will be hundreds of billions of Hong Kong dollars in another 30 to [-] years.

It doesn’t matter if the land is large, the important thing is that the land rent of Wharf is 1000 years;
You must know that some land on Hong Kong Island is only 50 years, 70 years, and 99 years old. After these lands expire, you will have to pay an annual fee to continue the lease;

But the Wharf land in Tsim Sha Tsui, it seems that there is no need to worry about this problem!
Let’s talk about business issues again. Under the management of the Jardine Consortium, Wharf Group has already built the Ocean Terminal, and the Harbor City is under construction (one year, it is still in the foundation construction stage.);

However, Jardine's management method is quite conservative. For example, the construction period of Harbor City is actually 10 years;
A long construction period means high construction costs, so the total construction budget of Harbor City is actually 20 billion Hong Kong dollars, which is an exaggeration!

Moreover, the former Wharf Group adhered to the concept of building buildings with its own funds, only renting and not selling, the return of funds was slow, and the group's capital chain was tight;

Even in order to relieve the urgent need, a large number of bonds were issued, which made the debt pile up, the reputation declined, and the stock value was underestimated for a long time;

The Ocean Terminal, which opened in 1966, has not yet paid off its debts.

This is because of this, it can be said that Wu Guangyao is cheaper!

In the previous life, after Bao Yu, the ship tycoon, took over the Wharf Group, he immediately made drastic reforms, starting with Harbor City.

Renovate the first built Ocean Terminal, reinstall the Marco Polo Hongkong Hotel, build a new Ocean Center Building, build Gateway Tower, Star City, various office buildings, high-end shopping malls, etc., and make full use of the huge site of Wharf Wharf to create It has become the largest shopping center in Xiangjiang;

It can be said that Harbor City is a representative of a typical commercial complex.

In later generations, the asset value of Harbor City alone has reached hundreds of billions of Hong Kong dollars;
Excluding hotels, the annual rental income has reached more than 100 billion Hong Kong dollars, and the total retail sales of all tenants in Harbor City have reached more than 500 billion Hong Kong dollars, accounting for more than 7% of Hong Kong's total retail sales, ranking first in Hong Kong!

A hen that lays golden eggs!

After that, Wharf Group made full use of the land in its hands (the Hong Kong Tramway acquired later), and once again created a down-to-earth, more civilian-oriented Times Square.

Harbor City on the one hand and Times Square on the other hand, these two Optimus Primes, let Wharf Group firmly sit on the throne of one of the four real estate giants in Hong Kong.

History has proved that urban complexes are really the mainstream of the development of the real estate industry, especially in a densely populated place like Xiangjiang, which is more suitable.

In this life, the Wharf Group is in the hands of Wu Guangyao, with the guidance of the correct path in the previous life. In addition, Wu Guangyao has accumulated 20 years of real estate experience in this life. The achievements of Wharf are definitely not low!

The Star Ferry under the Wharf Group is not bad either. It is a well-known cross-sea transportation tool with a long history in Hong Kong Victoria Harbor. More than 7 people take the Star Ferry to and from Hong Kong Island and Kowloon Peninsula every day. It is commonly used by Hong Kong citizens. The means of transportation is also an exclusive monopoly, and the tourist transportation business in Victoria Harbor has been eaten up by it.

The Star Ferry is also a means of transportation with a long history, which is as famous as the Xiangjiang Tramway and the Victoria Peak Tramway.

At this moment, what is Wharf still lacking?
Naturally, it is the land of Times Square for later generations. The land of Times Square for later generations is as high as more than 200 million square feet, and it is also located in Causeway Bay, where the business is prosperous on Hong Kong Island;
And this piece of land is the main factory of Hong Kong Tramway at this time, so Wu Guangyao's next target is naturally Hong Kong Tramway;
Of course, the acquisition of Hong Kong Tramways is very simple, because there is no strong opponent!

After reading the information in his hand, Wu Guangyao smiled. It's time to hold a board meeting!

During this period of time, the hearts of the Wharf Group could be said to be fluctuating, but Wu Guangyao had already ordered Rong Bensheng and Shi Jun to stand still;

Just remember three types of people:
The first type is people who work hard;
The second type is the loyal dog leg of Jardine Matheson;
The third type is people who are absent-minded and make up their minds;
These three types of people are the ones who need to be dealt with after Wu Guangyao took office;
Those who should be promoted will be promoted, those who should be expelled will be fired, and those who should be transferred will be transferred without mercy.

In all Wu Guangyao's companies, there is a phenomenon that there are enough reserve cadres, so Wu Guangyao is not worried at all that Wharf will be affected!

(End of this chapter)