At The Beginning, Sell Off Your Property And Short-Sell The Parallel World.

On a sunny morning, Mitsubishi Estate received a formal acquisition letter from Longteng Real Estate.

The chairman and general manager of Mitsubishi Estate looked at each other's offer in disbelief.

The other party actually wanted to use one billion to acquire Mitsubishi Estate.

In the eyes of Xiaozhi, this was Korea's insult to the Japanese Empire.

Even if the real estate bubble in Tokyo becomes more severe, the value of Mitsubishi Estate should not be only 1 billion.

They own three major business districts, the most valuable business district, and hundreds of complexes. Even at a loss, Mitsubishi Estate is the veritable land king in Tokyo.

Mitsubishi Estate's chairman Hidexing Tanaka glanced at Tanaka Ichiro and asked: "Ichiro, this Li Xun has insulted us so much, how can we get our face back?"

Tanaka Kazuo, who had already recognized the thief as his father, thought a little and smiled sinisterly:

"The hot potato of Rockefeller Center has never found a buyer, so why not..."

When it comes to Rockefeller Center, Tanaka's heart aches.

Rockefeller Center, the largest privately owned building complex in the world.

It occupies three blocks and consists of 19 commercial buildings.

This landmark of the American Empire welcomed the largest Japanese shareholder, Mitsubishi Estate, in October 1989.

Mitsubishi Land spent US$1.37 billion as the largest shareholder of Rockefeller Center, holding 80% of the shares.

Based on current market prices, Mitsubishi Estate predicts that rents per square foot will reach US$75 in five years and reach US$100 in 2000.

But reality dealt a heavy blow to Mitsubishi Estate.

After the investment, the rent is only $38 to $40 per square foot.

Less than half of the expected value!

Due to large-scale vacancy, Rockefeller Center has been losing money for many years, which has become a huge burden for Mitsubishi Land.

House seemingly endless rain.

To make matters worse, at the time of the acquisition, Mitsubishi Estate did not notice that in 1985, Rockefeller Center had guaranteed financing of US$1.3 billion for two real estate companies.

After repaying this debt, Mitsubishi was on the verge of bankruptcy amid the real estate bubble.

The huge financial deficit forced Mitsubishi Estate to start selling land to repay debts.

Today, Mitsubishi Estate can only rely on the Mitsubishi Foundation to survive.

They lost nearly $2 billion on their investment in Rockefeller Center, and they still have to pay off $300 million in debt.

So Rockefeller Center is the indescribable pain of the Mitsubishi Corporation.

Longteng Real Estate, the big bully, is here now. Isn't it the best person to take over the blame in Rockefeller Center?

It is said that the parent company of Longteng Real Estate is now the largest chaebol in Korea and has a lot of money.

Selling Rockefeller Center to them at a discounted price of 500 million is not too much.

A sinister smile appeared on both of their faces.

"Ichilang, I'll leave this matter to you. Remember to pack out the debts of Rockefeller Center no matter what. In this way, Mitsubishi Estate will not only have a huge sum of money in its account, but also get rid of a lot of debts." debt."

After hearing the chairman's explanation, Tanaka Kazuro responded:

"Hi! Promise to complete the mission."

Tanaka Kazuro responded to an email to the person in charge of Longteng Real Estate's Sakura Country branch.

First, they rejected the 1 billion offer. They did not intend to sell Mitsubishi Estate, but they could consider selling high-quality real estate in the American Empire.

The two parties agreed to discuss the sale at the Mitsubishi Estate headquarters one day later.

To Tanaka Kazuo's great surprise, the complex person from the Sakura Kingdom branch of Longteng Real Estate turned out to be his old acquaintance - He Duoxiong!

If it weren't for the people behind He Duoxiong who were all well-dressed and didn't look like evil people, Tanaka Yilang would have thought that He Duoxiong was here to take revenge on him.

Tanaka Yilang asked humbly: "Brother He, how are you doing? After so many years of separation, I didn't expect that you have become the head of Longteng Real Estate Branch."

"Hmph, thanks to you, I live a good life, and I take good care of the compatriots whose families were ruined by you."

"That's good. It seems that Brother He still resents me. I have explained what happened back then many times. The real estate bubble is a natural disaster, not a man-made disaster. I..."

As if recalling some bad memories, He Duoxiong tried his best to control his emotions. If he hadn't represented Longteng Real Estate now, he would have really wanted to beat him up in front of everyone.

You must know that when Ichiro Tanaka first smuggled himself into Tokyo, it was the Chinese community that accepted him and kept him from starving to death. Even his initial capital came from fellow Chinese migrant workers.

He didn't understand what made Tanaka Yilang forget his original surname and the past kindness of the Chinese community.

"Brother He is here today to discuss whether your company is interested in acquiring Rockefeller Center."

Rockefeller Center?

He Duoxiong started from a young age and was very good at fighting in society. He didn't know Manhattan or where Rockefeller Center was.

But Li Xun, who had been monitoring the conversation between the two, suddenly felt surprised.

How could he not know about this famous landmark of the American Empire?

He even knew that in the future, Mitsubishi Estate would sell 14 buildings in Rockefeller Center for US$308 million (including US$300 million in debt) due to its inability to repay loans!

The reason why Li Xun knew so clearly is because this investment was included in university financial textbooks.

The "Rockefeller Investment War" can be described as an "epic-level" defeat in the history of real estate investment.

What the world laughs at is their stupidity.

I bought Rockefeller Center when real estate was at its peak and sold it when real estate was at its lowest.

After they sold Rockefeller, American Real Estate ushered in an eight-year dividend period. Three years later, Rockefeller Center was sold for a high price of US$1.8 billion!

In the 21st century, the value of Rockefeller Center is simply measured in money. Without a price of tens of billions, the owner will not consider selling it at all.

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