I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 538 Investment in Commercial Complex
"Brother Yang, what are you going to do next? Is the money from selling the bar not enough?"
After taking over several large bars, at least hundreds of millions in cash were received.
Adding on to the money Brother Yang has earned over the years, it shouldn't be a problem for him to take out a few hundred million in cash, right?
What needs such a large sum of money?
"It's a disadvantage. We'll probably have to raise about 15 billion."
"I want to pay for 10-20% of the shares here quickly and ask you for 10 billion."
Jiangnan Quick Payment does not have a clear valuation, but based on the current annual net profit, a 10% stake would generate approximately 2 million yuan in dividends per year.
Although online third-party payment platforms now require capital investment, the overall business volume is still rising.
If you invest 10 billion yuan to get more than 10% of the shares, you can get your money back in five years. Of course, after five years, the POS machine business will be almost completely weak.
But for now, it can be considered that Brother Yang gave up part of his shares at a friendly price.
"Lao Yang, we can talk about the money, but what exactly do you want to use the money for?"
"15 billion? Isn't this a bit too much?"
Lu Weiming still had the same attitude as at the beginning. In fact, he didn’t care about the money because it was for his best friends anyway.
He has a lot of cash now and is not under much pressure.
But what I mainly want to know is what Yang Tianhao is going to do with the money.
"I was just about to tell you about this, let's talk about it one by one!"
"It's like this. Yi Xin's father recently contacted me and wanted me to do an investment and construction job in the city."
"The plan is for me to build a shopping mall in Jiangning District, and Lizhou City is also interested in building a similar project with me."
"I thought about it and thought there was something I could do, so I decided to invest in it."
As soon as Yang Tianhao said this, Jiang Hao and Lu Weiming's eyes turned directly to Ren Yixin.
No wonder he hasn't said a word until now, it turns out he already knew about this!
"Brother Jiang, Brother Lu, I came here today to talk about this!"
"My dad has just been appointed as the deputy mayor and wants to achieve some results..."
Ren Yixin felt a little embarrassed when he was looked at, and quickly explained a few words.
"Uncle Ren wants to build a commercial complex similar to Wanda?"
"The project is not bad, but is there such a large piece of vacant land in Jiangning District? Is it in the suburbs?"
At this point in time, it is quite appropriate to build a commercial complex.
The main thing is the land price, which is about to usher in a wave of crazy skyrocketing in 16.
As for the land in Jiangning District, even if it is commercial land, just taking it will make huge profits.
Not to mention this kind of commercial complex, as long as it is managed properly, it is really a very high-quality asset!
If you make this investment with the current land price, as long as the final complex is not a ghost shopping mall with no one around, you will definitely not lose money, it’s just a matter of how much you earn!
However, Jiang Hao is currently curious about the land issue.
As far as he knew, there was no land left in the core area of Jiangning District, and if it were in the suburbs, there was a real possibility that even the shopping mall would be built without people living there.
Although I want to help Uncle Ren, the risk can't be too big! At least I have to see a suitable profit.
"It's in the core area, on Anning Street, which is definitely a popular area."
Jiang Hao was naturally familiar with Anning Street, which was an absolute core area, less than 2 kilometers away from the Fortune Center Building and within the mainstream core business district.
"There's land there? Why haven't I heard of it?"
Lu Weiming also raised questions at this moment. He has spent quite a lot of time in Songjiang City now.
Even though the land in this core area has not yet experienced the last wave of growth, every inch of land is already worth a lot of money.
It seems to me that there is no idle land in Anning Street at all?
"Yes! Isn't that the land in Baiyan Village?"
"Baiyan Village? Isn't that a village in the city? Where did the land come from?"
"Wait! You're not going to say it's a demolition?"
Lu Weiming didn't think of it at first, but now he reacted immediately and sighed repeatedly.
"Oh my god! Uncle Ren has a big appetite! Are you planning to demolish the remaining area of Baiyan Village?"
"The remaining area is full of stubborn residents. Who can demolish them? Old Yang, are you overthinking it?"
This time, Lu Weiming didn't need to explain, Jiang Hao knew it himself.
After all, he has been in Songjiang City for so long, and he is very familiar with the situation in the core area of Jiangning District.
In fact, more than half of Baiyan Village has been demolished. Seven or eight years ago, the entire village was demolished without consent.
In the end, more than half of the land was demolished, and office buildings and business districts were built nearby, leaving about 1/2 of the land that had not been moved.
The reason we stopped was that the remaining batch was too big to be dismantled.
Seven or eight years have passed, and even until this year, no group has mentioned the demolition of the remaining Baiyan Village.
"Brother Lu, my dad actually went to discuss this in the early stages."
"They have already regretted not demolishing the house before, and are very willing to agree to the demolition!"
"There are 372 households in total, and the estimated cost of demolition is about 12 billion yuan."
12 billion, 370 households, based on three generations and five people, the demolition cost is about 65 per person.
The total cost for one household is about 320 million, which is almost the same as two 80-square-meter houses in Jiangning District.
If the demolition is done in the suburbs, the number of houses compensated could be enough to give one family 3-4 houses.
Compared with the first demolition, the cost of this demolition is definitely higher, but it is also acceptable enough.
As for Brother Yang, it would certainly be worth it if he took it over. As long as he could get the land in this core area, the appreciation of the land price alone would be enormous.
The highest profit will definitely come from building commercial housing, but given the nature of the land, the city will most likely not agree to this plan.
Building a comprehensive commercial complex is a more reliable option at the next level.
There is no shortage of people around there, and the purchasing power is strong, so it seems to be a pretty good place.
Yang Tianhao also spoke up at this moment.
"I have done a simple calculation. Since I need to pay the demolition fee in full upfront, the government will not charge me more for the land fee."
"In addition, the investment budget for the shopping mall is 10-15 billion yuan. Of course, I only need to pay 20% of the funds, and the bank will follow up with the rest."
"Anyway, the conservative estimate is 15 billion, and it would be best if we could get around 20 billion, so the financial pressure wouldn't be that great."
"If you two are willing to get involved, I'll feel less pressure."
No wonder this project is so difficult. The initial 12 billion yuan in demolition compensation is enough to drive away a large number of people.
With this money, it would be better to invest in another project that would not take up such a large sum and would also have less risk.
Moreover, this demolition work is quite sensitive. It would be even more troublesome if the demolition could not be carried out halfway!
Uncle Ren would be a good choice to talk to Yang Tianhao about this project.
Whether it is his own business management ability or Yang Tianhao's experience in operating the real economy, plus some of the relationships behind him.
Coupled with the shantytown renovation work being promoted now, the task of demolition is really the most suitable person to fall on Yang Tianhao!
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