I want to be a giant of Hong Kong Island

Chapter 519 [The whole city is full of Wu's properties 3]

Wu Guangyao and a group of senior executives from the real estate department browsed from Hung Hom Crane Garden - Whampoa Dockyard (Hung Hom) - Cheung Kong Center (Tsim Sha Tsui) - New World Center (Tsim Sha Tsui) with great interest;
However, these only occupy about one-fifth of the coastline of the Kowloon Peninsula;

Leaving the New World Center, passing the Peninsula Hotel;
Speaking of which, although the Peninsula Hotel is not close to the sea;

But because in the 20s, the Peninsula Hotel signed an agreement with the Hong Kong government to guarantee the sea view of the Peninsula Hotel;

Therefore, on the front of the Peninsula Hotel near the sea, the Hong Kong government built some art galleries and cultural centers, and the real estate is not high;

However, it does not mean that there are no tall buildings in front of the Peninsula Hotel. The New World Center is located obliquely in front of the Peninsula Hotel.

Everyone came to the Galaxy Center, which is about to be completed. The Galaxy Center was built by Wu Guangyao's Kowloon "Land King" auctioned in 1969;

The geographical location is on the east side of the intersection of Salisbury Road and Kowloon Park Drive, which is the west side of the Peninsula Hotel.

Therefore, the Kadoorie family was very nervous at the beginning, for fear that Wu Guangyao would build another luxury hotel on this 13.3 square feet of land.

In the end, Wu Guangyao decided to build a commercial shopping plaza - Galaxy Center;
Galaxy Center is composed of three 20-storey buildings. The three buildings have two horizontal lines and one vertical line, forming a character "口", but there is one vertical line on the left.

After completion, the first to seventh floors will be shopping centers, and the eighth to [-]th floors will be commercial office buildings.

Due to its geographical location, Galaxy Center is the key commercial area in the tourist area of ​​Tsim Sha Tsui;

It is conceivable that the shops here will be absolutely expensive in the future;
Galaxy Center is a property owned by Cheung Kong Real Estate, and all properties are only rented and not sold;

In addition to the Galaxy Center, the Wu family funds have also invested in the Cheung Kong Building on the "Land King" in Central in the past few years;
For these two places, the land alone is 5 million Hong Kong dollars, and the construction cost is more than 6 million Hong Kong dollars. They are two big projects!

"After the year, we will start preparations for attracting merchants!" Wu Guangyao said, looking at the roof-topped Galaxy Center.

Xiu Yanbing, president of Changshi Real Estate, nodded and said: "Well, the renovation is expected to be completed before July in the second half of the year, which is three months less than the original construction period! I will set up a business management center in February and guarantee that it will be ready in five months. , it can be opened during the summer vacation!"

Wu Guangyao said: "Call the management of the business management center and talk more about some international brands. Many consumers in this area are tourists, and the consumption level is very high! Moreover, there is no tax in Hong Kong, and many commodities are cheaper than those in the producing countries. It's a great advantage!"

Xiu Yanbing replied: "Well, I will remind the management of the business management center!"

At this time, Hong Kong has already enjoyed a good reputation in the world, and the world's big names have chosen to live in it;

Then Tsim Sha Tsui is their first choice, this is a tourist area!
Leaving the Xinghe Center, the car arrived at the Xingguang Building 2 minutes after the car started;
Star Building is located on the west side of the intersection of Salisbury Road and Canton Road, and it is backed by the Harbor City of Wharf, and only [-] meters away from the Star Ferry Terminal;

Especially the location close to the Star Ferry Terminal makes the value of the shops in the Star Building very high;
We must know that nearly 8 people take the Star Ferry every day, and many of these people need to pass the Salisbury Road in front of the Star Building.

In the past few years, Cheung Kong Real Estate has almost paid back its capital just by collecting rents from Starlight Properties!

You know, the Star Building was purchased by Wu Guangyao from Huo Yingdong for 1967 million Hong Kong dollars in November 11, and it has only been four years since;
Profiteering!
The Hongkong Land Company in history bought it from Huo Yingdong for only 3000 million Hong Kong dollars;
In terms of cost alone, Huo Yingdong lost 2000 million Hong Kong dollars, and the value of the later loss is even more immeasurable.

Time is also fate!

If it weren't for Huo Yingdong's serious ZZ tendency, the Huo family's business achievements in the previous life would not be lower than the four major families;

Because Huo Yingdong himself is a business genius, selling off-plan properties, speculating off-plan properties, and contracting large projects all show that he has strong business ability!

A smarter businessman knows that neither side should be too inclined, this is wise and safe;

For example, the four major families in the previous life, that is not betting on two sides.

Although Wu Guangyao won the Starlight Hotel for 4500 million Hong Kong dollars, from the perspective at the time, Huo Yingdong felt that Wu Guangyao was helping him;
Because at that time in Hong Kong Island, only Wu Guangyao was not afraid of offending Jardine Matheson and the Hong Kong government!
Starlight Walk and Harbor City are adjacent, so everyone is ready to walk into Harbor City!

As soon as he came to the entrance, Wu Guangyao said: "Design five flagpoles for me here! From now on, I will raise the flags of the five most powerful local group companies under my banner every year! Let the tourists on the entire Victoria Harbor see our flagpoles. style!"

Everyone was shocked and immediately felt a kind of glory!

The group companies that can raise the flag here, I am afraid that every group is not weak in the existence of HSBC, Jardine Matheson, and even the internal competition is very fierce;
If there were to be a corporate ranking on Hong Kong Island, the top ten companies, except for HSBC, Jardine, Hutchison, and Swire, would probably be the rest of the companies owned by the boss!

No.1, Global Group, there is no doubt; 2000 million tons of deadweight ships, 42 modern container terminals, 16 Boeing passenger planes, and hundreds of subsidiaries; more importantly, revenue and profits, HSBC and The four foreign firms combined are not enough to compare.

No.2, Zipper Group, made a profit of 1971 million US dollars (1 million Hong Kong dollars) last year (6), while HSBC only made 3 million Hong Kong dollars;
No.3 is very controversial. Cheung Kong and Paiyou Group under Wu Guangyao have an annual profit of more than 3 million Hong Kong dollars, while HSBC also has a profit of [-] million Hong Kong dollars. The three groups are generally similar.

No.6, there is also controversy, that is, Oriental Media Group and Jardine Matheson. The annual profit of the two companies is about 2 million Hong Kong dollars.

No.8, Hutchison
No.9, Everbright Group
No.10, Swire Pacific
Shining Star Hotel Group is registered in the United States, Lenovo Group is registered in Japan, and Metro Group is the owner and lover, so these three companies are not listed here;

And Cheung Kong Real Estate is equivalent to a private company, and there is a certain degree of confidentiality, so it is not listed here;

Everbright Group also has a large part of the boss's personal funds and investments, which are also undervalued assets.

Otherwise, there is absolutely no other company in the top five on Hong Kong Island!

In this case, the first companies to raise their flags are Global Group, Zipper Group, Baiyou Group, Cheung Kong, and Oriental Media.

"I asked someone to design it recently!" Shi Jun replied.

Wu Guangyao nodded, and then said: "This year, let's raise the flags of Global Group, Zipper Group, Cheung Kong Industrial, Baiyou Group, and Oriental Media! But if the Hong Kong government has any opinions after the flagpole is built, let them go." !"

There is no need to argue with the Hong Kong government about such a trivial matter if the arm can't twist the thigh!

Besides, the national flag will definitely be raised here in the future!

A group of people came to Wharf. At present, Wharf has developed a commercial land area of ​​about 100 square feet, including 46 square feet in Harbor City and 50 square feet in Ocean Terminal.

The entire project is expected to be completed in 1976, four years ahead of schedule;
Four years in advance, one advantage is that the construction cost is expected to drop from 20 billion Hong Kong dollars to about 16 billion Hong Kong dollars, saving 4 million Hong Kong dollars;
There are also many "disadvantages". The current debt of Wharf Group is as high as 5 million Hong Kong dollars. Assuming that once the real estate plummets, Wharf may be "thunderstormed";

What Wu Guangyao wants is the thunderstorm in Wharf, and then privatize Wharf at the least cost.

"Wharf is the real big project! Look at the land over there, there is still a full 200 ​​million square feet of land, which can be used to develop commercial projects. If all the development is successful, one Wharf may be able to reach the New World Center, Changjiang Center and Changhe Center (Singapore), three commercial complexes! At that time, this will be the most profitable place in Hong Kong, but it’s a pity that Jardine Matheson doesn’t know the goods!”

In fact, the Changhe Center in Singapore is quite big!

Shi Jun said: "From the perspective of the boss, it is naturally so; but from the perspective of Jardine Matheson, they only see high construction costs and an unstable environment; most importantly, they do not have the ability to transfuse blood!"

Wu Guangyao said with a smile: "Wharf is in my hands, so it's not because of high debts!"

Everyone laughed one after another, these high-level officials might have guessed what Wu Guangyao was thinking!
But everyone also has a question in their hearts, that is, is the boss really not worried about the general environment?
Like the real estate crash caused by the 'supply exceeding demand' in 1959, everyone felt that real estate would still rise;
But in the face of the 'ZZ crisis' in 1967, is the boss really not worried that the opposite party will take back Hong Kong Island?

Is this the question everyone has been asking?

But of course everyone won't ask!
(End of this chapter)