Hong Kong's new giants

Chapter 546 [Donrad Asks for Help]

Octopus Bank Building, Matrix Partners.

Lin Zuhui called President Lu Bingwen to his office and said, "You have been in Silicon Valley for a while, tell me why Silicon Valley is so successful?"

Lu Bingwen said without hesitation: "Silicon Valley advocates innovation. As long as there are good ideas, the venture capitalists there will create all the conditions to allow these good ideas to hatch. Silicon Valley is not simply a place where some engineers, venture capital companies Mix it up with an electronics store and sprinkle a lot of money. Silicon Valley is a land of hidden dragons and crouching tigers. It's full of talent and has a top-notch university. Nearby Stanford, UC Berkeley, and 6 engineering schools Every year, it provides 4000 graduates, including 1000 masters and 400 doctors, which continuously sends fresh blood to Silicon Valley."

Hearing this, Lin Zuhui nodded, but he didn't really care about it.

"I want to combine high technology and real estate to build an industrial city like Silicon Valley in Hong Kong. High technology and real estate are promoted at the same time, which not only takes advantage of Hong Kong's advantages, but also makes up for the shortcomings of Silicon Valley."

Lu Bingwen was taken aback, and quickly said: "The boss said that the Silicon Valley is insufficient, is it because there is a lack of housing?"

Lin Zuhui nodded and said, "I heard that many entrepreneurs over there sleep on the road and cannot afford the expensive rent."

Lu Bingwen could only echo: "Indeed, every inch of land and every inch of gold over there is not all paradise."

Lin Zuhui said with a smile: "Forget about Silicon Valley, I plan to build a 'digital city' in Pok Fu Lam, Hong Kong, and package real estate with high technology. You build a team for me, and then hire a consulting company to write a report for me. Then I will pass it to the Hong Kong government."

He is different from Li Zekai in that he will have a large number of technology company resources in the future, and he also has great ambitions to develop Hong Kong's technology industry, so this Cyberport is not just a whim or a bluff.

Not only that, but he did not intend to cooperate with the Hong Kong government and let the Hong Kong government invest in the land. Instead, he planned to spend a huge amount of money to complete it alone, and it was a project of Jingwei Capital.

Of course, all funds have to be in the form of loans.

Lu Bingwen nodded and said, "Boss, this project is very creative. Coupled with the resources of the technology company you have, the Hong Kong government should pay attention to it."

Lin Zuhui said calmly: "There are also many difficulties: first, the Hong Kong government may not realize the importance of technology. Of course, I bought the land directly, and the Hong Kong government sold the land, but it is not obstructive; second, the office buildings in Xiangjiang are too expensive. Of course, I can give you a discount, as long as it is a real technology company. In short, this project is handed over to Jingwei Capital, and you plan carefully.”

Lu Bingwen immediately said confidently: "No problem, I will come up with a plan as soon as possible."

Lin Zuhui nodded and said, "Well, but it's not urgent, just finish it this year."

"Ok"

It is really not urgent, and it is very difficult for this project to be approved before 97, because Xiangjiang supplies 50 hectares of land every year; once it exceeds the standard, it needs to be negotiated and communicated with the mainland and Hong Kong governments before it can be approved.

And this project has about 25 hectares. If the Hong Kong government approves, then only half of the supply of Xiangjiang will be left in that year, and other real estate developers obviously have opinions.

The important thing is that Hong Kong has not yet experienced a financial crisis, and the Hong Kong government is not aware of the importance of the technology industry, so the Hong Kong government may not consider it now.

The reason why Lin Zuhui proposed it now is nothing more than to put forward this idea first and win the top spot.In the future, when Mr. Dong takes office, Lin Zuhui will be the best choice.

At that time, Jingwei Capital will invest in a large number of technology companies, and Lin Zuhui himself also owns Xiaomi Technology, Wanhui Software, games, telecommunications and other industries, and he is a full-fledged technology leader.

Just ask, who is more suitable than him?

Of course, if the Hong Kong government is willing to sell the land in the past two years, then Lin Zuhui will follow without hesitation.Although he will encounter the Asian financial crisis, and Heung Kong Properties will drop by 60% to 70%, but with his strength, there is no need to rush to sell.What's more, the maximum investment for the entire project will not exceed 150 billion, which is less than 20 billion US dollars.

Monday, May 6.

Office of New Era Group.

"dong dong"

"Come in"

After the office door was pushed open, Li Ke walked into Lin Zuhui's office with a man in his 40s. Lin Zuhui smiled and stood up to welcome the guests.Everyone who comes is a guest, as long as it is not his subordinate, he will get up and accompany him to drink tea on the sofa.

"Mingsheng, welcome!" Lin Zuhui said politely.

The person here is a well-known Hong Kong architect named Ming Jiafu, who has cooperated with New Times Group.

Ming Jiafu smiled quickly and said, "I've disturbed Lin Sheng, and you have to take time out of your busy schedule to receive me."

Lin Zuhui invited him to sit down, and said: "I don't have any friends with what Zhaoming said. Time is just for chatting with friends."

Although he doesn't know what's going on, Lin Zuhui is very polite. He has always been like this. Apart from reasonable competition in the mall, he likes to be kind to others.

Ming Jiafu said in admiration: "I admire Mr. Lin's conduct."

Lin Zuhui waved his hands modestly, and then accompanied Ming Jiafu to drink tea slowly, not in a hurry, which made Ming Jiafu feel good about him.

Then, Ming Jiafu said: "Lin Sheng, I came to you this time to introduce you to a person who needs financing for a project in the United States."

Lin Zuhui said calmly: "You continue to talk, I'm listening."

Ming Jiafu nodded, and then said: "It's like this. I also have a real estate agent in the United States, and his name is Tang Lade. He was originally a big real estate agent, of course, he is far behind you. But there are also many real estate projects. However, in the past few years, American real estate has been sluggish, and several of his real estate projects have gone bankrupt. Now there is a 59-block block from 72th Street to 13nd Street in the West Side of Manhattan near the Hudson River. There is a 77-acre Land. If he doesn't find an investor in time, he may go bankrupt soon."

Lin Zuhui was stunned, not because of the size of the project on the 77 acres of land in Manhattan, but because Tang Lade is not the leader of the future of the United States!
Moreover, he seems to have read the news about this project in his previous life. It seems that Zheng Jiachun, Luo Kangrui and other Hong Kong consortium took over, but in 2005, Tang Lard sued this consortium again, which is a typical kind of revenge.Of course, Tang Lade felt that Luo Kangrui and others sold it cheaply, which caused him a lot of losses, so he asked Luo Kangrui and others to pay him 10 billion US dollars.

As a result, Tang Lade lost the lawsuit because he only had 30% of the equity left, and he had no management rights, because 30% was stored in the project in the form of trust.

This is my turn, how should I choose?

Ming Jiafu made it very clear that he hoped to lead this project, and then he could get a commission.

Speaking of this land, it is also quite historical. As early as the 70s, Don Lard got the right of first refusal on this land. He launched an ambitious plan to build 13 houses on these 2 blocks. , this plan is not only generally opposed by local residents, but also by the government planning department. Later, Tang Lade tried to reduce the scale but did not improve, and the right of first refusal expired in 1979.The Macri Group from Argentina bought the land, and it looks like Donrad is out of this project.

Unexpectedly, the peak will turn around soon.In 1985, the Macri Group, also facing financial difficulties, sold the entire project to T Donrad for $1.15 million.

After reacquiring this project, Donrad asked a designer to launch his Television City (TelevisionCity) plan, which will serve as the new headquarters of NBC TV station, and will build a 150-story tallest building in the world, as well as another 6 A 76-storey residential building.As soon as this plan came out, there was a wave of opposition.For the next 10 years, Donrad was stuck in this quagmire and couldn't extricate himself.Even the relationship with Ed Koch, the mayor of New York at the time, was at a standstill. The mayor of New York called Donald a "pig in trouble."Tang Lade made no progress in revising the plan several times. In 1989, a developer offered US$5.5 million to acquire the project, but Tang Lade firmly rejected it.

To make matters worse: most of the funds for the acquisition of Tang Lade came through borrowings, plus related various expenses, Tang Lade's annual interest and related expenses are as high as 2350 million US dollars.By 1994, Donrad had owed the bank $2.5 million on the project.

In addition, the house leak happened to rain overnight, and other projects of Don Lard were not progressing smoothly. In 1991 and 1992, including the Grand West Sun City Casino Hotel, four large-scale projects of Don Lard declared bankruptcy.

In 1994, Donrad was already facing personal financial bankruptcy.At that time, the entire real estate industry in the United States was in a recession, and Donald couldn't find an American buyer to take over his real estate project.

In this way, the only way to find investors in Xiangjiang is through Mingjiafu!
Lin Zuhui thought for a while and said, "You can ask Tang Lade to come to Xiangjiang to talk to me. In theory, I'm still interested in this project."

Ming Jiafu nodded happily, and said, "No problem! Judging from the current situation, it is very unfavorable for Tang Lade, so Lin Sheng can handle him!"

Lin Zuhui said: "That's not necessary. The main reason is that Americans have a sense of arrogance, which is not good for negotiations. In theory, I hope that cooperation will be win-win."

Ming Jiafu nodded, and then got up to say goodbye.

After he left, Lin Zuhui couldn't help showing a smile.For him, this is not a hot potato, it may be an opportunity.

Of course, this opportunity was just to make money, and he didn't want to be friends with Don Ladd, who was a capricious person.

As for the enmity, Lin Zuhui is not very worried. America's leader does not have much right to target him, and he himself will not be worth the loss.

Of course, if Lin Zuhui came to operate this project, Tang Lade would not think that it would be cheaper.

But for the sake of profit, it is up to Tang Lade to make a decision.

new York.

Tang Lade seemed very unhappy in the office, and Ming Jiafu told him that the world's richest man wanted him to go to Xiangjiang to talk, and that person was a little interested in this project.

"It's obviously an American project, why go to Xiangjiang?"

"I hate long distance travel, I love America!"

"Xiangjiang? What the hell kind of place is that?"

After a roar, Donrad called in Abbe Wallach, the executive vice president who handled acquisitions and financial affairs for him.

"The thing is like this. You said, why can't we negotiate in New York, why should we go to Xiangjiang?"

Abbe Wallach said calmly: "They know our situation, so they chose to negotiate in Xiangjiang!"

Tang Lade said dissatisfiedly: "If we go to Xiangjiang, we will be very disadvantaged in the territory of those cunning developers in Xiangjiang, and it will appear that I am weak!" The voice gradually increased.

Abbe Wallach said calmly: "This may be the plan of the richest man in the world. Of course, I hope that BOSS will seriously consider it. After all, no one in the United States is willing to invest in this project, and the banks are pressing very hard. Once this project goes bankrupt If so, then your loss will be great!"

In short, Don Ladd had to go to Xiangjiang, knowing that it would be bad for him.

In the end, Tang Lade had to admit the reality, and said to Abbe Wallach: "Well, you can go with me, we are going faster, and we will save the trouble of Grandet from the bank."

"Okay, I'll arrange it right away."

Clearwater Bay Golf Club.

Lin Zuhui, Zheng Jiachun, and Luo Kangrui are preparing to play golf with Tang Lade who is visiting from the United States. Zheng Yutong and Ming Jiafu's father and daughter are also here.

Ming Jiafu's daughter is called Ming Meilian, and she looks good. She is only 19 years old this year, and she is at the age of studying.

And Lin Zuhui called Zheng's father and son and Luo Kangrui, intending to invite everyone to invest together. It's not that he lacks money, but that he doesn't mind everyone investing in this kind of project together.

Even if the real estate in the United States succeeds in bottom-hunting and is sold at a high price, the annual rate of return is only about 20%, so there is no need to do any business by yourself.In that way, although Lin Zuhui can still be strong, sooner or later he will have few friends.

After the four of them finished their preparations, Lin Zuhui said calmly: "Since it's a wave, of course there must be a lottery. How about a hole of $2000, Mr. Tangrad?"

When Tang Lade heard it, his face changed suddenly, and he couldn't hide his inner thoughts at all.But if you want to say that he 'has no castle', you are completely wrong. Tang Lade may not have a castle, but he is definitely a difficult master, the kind who makes trouble for no reason.

Of course, the reason for the slight change in his face is that he is now in a bankruptcy crisis, with high debts, his company filed for bankruptcy, creditors took away his plane and yacht, and the government also stipulated that his consumption per meal should not exceed 10 US dollars; plus Although he often plays ball in the United States, he is not used to gambling.

"NONO, Mr. Lin, this is gambling, not fun." Tangrad said hastily after he realized it.

Zheng Jiachun, who was on the side, immediately helped Lin Zuhui and said, "Mr. Tang Lard, if you add some bargaining chips appropriately, it will make us more involved in the wave. This is the best fun."

Tang Lade's neck turned red, and he secretly scolded these Xiangjiang people for being too annoying, they were too rich, why didn't they go bankrupt?

Especially the world's largest real estate developer, he is actually the world's richest man, it's unbelievable, why not me to be the world's richest man?
Head start!

Originally, Donald was at a disadvantage when he rushed from the United States to Hong Kong, but now he can't even afford to play a hole of $2000 golf.

Of course, Tang Lade is so good at bragging, and he will definitely brag in the media in the future: "I once managed the Huaxia people, and made them a lot of money!"

TUI!

Now that he knew who Tang Lade was, Lin Zuhui naturally had to handle him well.

"I still think golf is an aristocratic sport, and the stakes should not be too high, how about $100 a hole?" Don Lard said after calming down.

The Xiangjiang trio agreed with a smile. It seems that everyone has the same idea, and they want to overpower Tang Lade in terms of momentum.

(End of this chapter)