Reinventing the Millennium

Chapter 467 Quotation

There are still ten days left before the deadline for bidding on plots 2-3 and 2-4.

In other words, there are only ten days left for the results to be known.

Fang Zhuo asked someone to check the airport flight information and received feedback the next day. Zhou Kaixuan, the director of the Lijiacheng Foundation, did not appear in Shanghai.

Of course, this does not completely guarantee that she is really not here. After all, it is not a way like flights. It also does not guarantee that the Li family's Changshi Company really does not pay attention to this bidding. After all, there are other powerful people.

What really made Fang Zhuo make a judgment was the news from Zheng Danrui.

As the deputy chief in charge of the economy, Zheng Danrui has many channels to access information related to the work at hand, and this time is no exception. Moreover, as Yike and Fang Zhuo continue to rise, he also feels that the relationship between them is more Worth maintaining.

According to Zheng Danrui, the people most interested in the Zhuyuan Business District land this time are Sun Hung Kai and Kerry Properties. As for Cheung Kong, he also helped test it out and wanted to talk to more important company executives. .

As a result, the person has not changed, and he is still the senior vice president who was originally applying for the application. However, he also found out a consideration of Changshi that is unknown to the outside world. They will bid for the land normally, but what they want more is another one. Luxiangyuan land plot of 360,000 square meters.

Zheng Danrui listened to the vice president talk about Changshi's plans for Luxiang Garden, including super five-star hotels, bar streets, commercial residences and other supporting facilities. He was very serious about it.

Although the land in the city center has not been officially put on the agenda, it is indeed not far from development. It is not surprising that some of the city's discussions and considerations have been heard by giants like Changshi.

"District Chief Qiu, are you sure Brother Zheng said that?"

"OK, sure, Mr. Fang, I think your attention should be focused on your official opponents, and you should also consider how to develop our new area." Qiu Di was asked repeatedly on the phone to Fang Zhuo, and finally I was impatient to be asked.

"District Chief Qiu, you can rest assured on this." Fang Zhuo quickly reviewed the details of the news he received and promised, "Yongke is not the largest company, but it is definitely the company that considers all aspects. We are a small profit company. More sales.”

"You don't need to tell me this. If something goes wrong with the project anyway, I will go directly to your office and smash the table." Judy warned with a smile.

Fang Zhuo is not afraid at all. He has never scared anyone when it comes to throwing tables.

Since the real opponent can be determined based on comprehensive information, there is no need to worry about some additional motivations.

Although those words that were circulated in the real estate world were not spoken by me, there was no guarantee that the Li family would take them seriously, and it was impossible for me to get involved and say them - I didn't say it, I didn't speak, I never said those words.

This may create a situation where the land itself is profitable and the competition is fierce. In order to make money and also to defeat someone's words, the Li family carries out a symbolic increase in price to acquire the land.

Unbeknownst to others, Fang Zhuo knew the Li family's money-making strategy. Many of their project profits came from slow development progress, but he wanted to work deeply in the country and did not intend to act that way.

That afternoon, Fang Zhuo met Liu Suyi again. In addition to discussing the value of the land, there was another matter about Yongke that needed to be dealt with.

Yongke currently has seven shareholders. The actual largest shareholder is Yike Group, followed by Yonghe Real Estate. The two shareholdings total 55%, and the remaining 45% is owned by five local real estate companies in Shanghai.

This kind of structure formed a joint force and successfully obtained the land on the east fifth block.

Now that Yike is listed in the United States, more funds can be used, and Fang Zhuo has the idea of ​​​​further sorting out the company. The redemption of venture capital holdings of Medical Group is one thing, and the other thing is Yongke Real Estate.

Yongke's previous shareholding method was more like a consortium of subsidiaries of seven companies. What he wants now is for Yongke to reverse capital injection and acquire six real estate companies to truly achieve asset leapfrog and become a company temporarily entrenched in Shanghai. and a giant real estate developer in Luzhou.

Not to mention Vanke, which had sales of 6.4 billion last year, and Wanda, which exceeded 10 billion, also have real names in East China.

The process is not difficult.

Especially when there is a project in front of him that requires a huge land payment. Regardless of the interests, regardless of operation or willingness, Fang Zhuo feels that other companies have no reason to refuse.

Liu Suyi was sitting in the CEO office of Hang Lung 23. He was shocked when he heard Mr. Fang express this idea for the first time.

"Uh, Mr. Fang, this..."

Fang Zhuo did not expect Liu Suyi to hesitate, and asked strangely: "Is this bad? Do you have any questions?"

Yonghe Real Estate is the last one that should have any doubts.

Because it is the most closely tied to Yongke, and currently there are still loans on the company's books that Yike has not withdrawn.

It's just that the last thing you should not do and whether you have it or not are two different things.

Chinese people often say that they would rather make chicken heads than phoenix tails.

Liu Suyi hesitated for another two seconds, then saw Mr. Fang's indifferent eyes and said subconsciously: "Mr. Fang, I have no doubt. I was wondering if other families would agree."

"We'll wait until we get the land before moving forward. If we don't get it this time, we can just get a project that requires money next time." Fang Zhuo said casually, "If they don't agree, they can use the trust development funds as debt and equity. , reduce the shareholding and kick out, everyone should be very happy to get along with each other, don’t you disagree?”

Liu Suyi was a little confused about what the last "I don't think I disagree" meant. He cautiously replied: "I should agree. If you have ideas, I will do the work."

Fang Zhuo nodded with satisfaction. It would be great to form a joint force. After joining forces, we will be completely our own people.

He gave a few more instructions, and then the topic changed to the land bidding this time: "I think we should give a foolproof price for the land this time."

Liu Suyi silently weighed in his mind that the price of 3.7 billion currently prepared has exceeded the mainstream quotation opinions. If it is "foolproof", it may put great pressure on the project funds.

It’s not that it won’t make money, but that this pressure will be transmitted to other projects, and the development of the East Fifth Block and the acquisition of the next piece of land may be affected.

"This time the third son of the Guo family from Sun Hung Kai came to Shanghai. I heard that the price there may be more than 36." Fang Zhuo did not mention the source of the news and continued, "You are engaged in real estate. Do you think this is Shi Is this really going to happen? What price do we need to overcome it?"

Bidding and bidding are particularly troublesome.

According to Liu Suyi's experience, in fact, sometimes it really depends on luck. You have no idea what your colleagues are planning, and they might just want to make a splash.

Especially for giants like Sun Hung Kai, which can afford RMB 5 billion, market rules are often ineffective. Just because you can't make money doesn't mean that others can't make money.

Liu Suyi hesitated and hesitated under Mr. Fang's gaze. He had read all the documents, asked all the experts, shared all the news, and discussed the bidding intention repeatedly. It stands to reason that Mr. Fang would not be involved in the real estate industry. I should give a relatively certain price myself, but this matter...

He gritted his teeth and said, "Mr. Fang, this bidding is not easy. Look, a total of 7 companies were invited, 4 of which are either Hong Kong businessmen or have relationships with Hong Kong businessmen."

"For example, although the Kwok family of Kerry Properties is the richest man in Malaysia, it is also known as the fifth largest family in Xiangjiang. It is difficult to say whether there is a tacit understanding between them. If one family gets the land, they may win over the other family after bidding. cooperate."

"In this case, we want to take this land..."

"4 billion!"

Liu Suyi cruelly shouted out a bidding price, which was the highest limit discussed.

Fang Zhuo frowned slightly.

Liu Suyi immediately felt that his price was too high, which did not suit Mr. Fang's liking.

Fang Zhuo said: "This is almost half of my ice core production line."

Liu Suyi: "..."

"Let's prepare a bid at this price for the time being." Fang Zhuo agreed. "We will change it at any time if there are any new situations. You are right. Hong Kong businessmen are coming together to get the land. They really need to pay attention to this momentum."

When Liu Suyi heard this, his flesh ached.

Maybe, maybe the bidding this time is relatively normal? If the other companies are all 34 or 35, and Yongke adds 500 million for no reason, and the bidding is announced on the spot, isn't that just being taken advantage of?

He wanted to talk again, but it was difficult to organize a strong reason.

In fact, Mr. Fang’s meaning has always been very clear: earn more, earn less, and just earn some.

However, I always feel that it would be a loss if I could make more but not make any.

Liu Suyi suppressed the inexplicable disappointment in his heart and accompanied Mr. Fang to review the development plan and funding sources. The less people knew about some core information, the better to avoid any mistakes.

In the evening, Liu Suyi left Hang Lung. On the way back, he was thinking about the next merger, acquisition and reorganization of the company, and was excited by the bidding price.

Let’s just say 4 billion. It’s as high as possible and it’s considered safe.

I need to revise the blocked previous article in the next two days, and try to update it into a two-in-one article at noon tomorrow.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like