Chapter 542: The Lippo Centre Mansion
Chapter 542: The Lippo Centre Mansion
After two months of preparation, Lu Jiaxin's newly established brand was ready to launch. Susan, Xu Yue, and the others felt that the name 'Superior Selection' was rather lackluster, so after some thought, Lu Jiaxin decided on the name 'Rosemary.'
Rosemary, the English translation for the herb rosemary, is also the name of a flower that Lu Jiaxin adored. Not only was it pleasant to the ear, but it also carried a profound meaning. It represented both the innocence of a child and the allure of a mature woman, a vast span that left a lasting impression.
As Shakespeare once said, 'Rosemary is for remembrance,' and so the flower's language is 'remember me.'
Susan and Xu Yue immediately expressed their approval of the name, finding it especially delightful compared to the cringeworthy 'Superior Selection.' Before the brand's launch, they had also advertised in fashion magazines and on television, but the response was lukewarm. Lu Jiaxin wasn't worried; she had only done some standard promotions and hadn't invested heavily in marketing, understanding that creating a buzz would take time.
Not long after Lu Jiaxin finished discussing matters with Susan and Xu Yue, she received a call from Nie Zhan, expecting it to be an invitation to lunch. However, it turned out to be something else.
"Jiaxin, are you busy right now?" Nie Zhan asked. "If not, could you come by Mansheng Real Estate? I have something important to discuss with you."
Lu Jiaxin didn't naively ask why he couldn't just say it over the phone; she knew that it must be something urgent and complex if he wanted her to come in person. "I still have some documents to go through. If it's not urgent, I can come by in half an hour."
"It's not that urgent," Nie Zhan replied with a smile. "Finish up what you're doing and come over when you're ready!"
Since starting work, Lu Jiaxin had been to Mansheng Real Estate numerous times. The building's security and the Mansheng receptionists all knew her, and they promptly directed her to the elevators.
Upon arriving at Nie Zhan's office, Lu Jiaxin sat on the sofa and, pouring herself a glass of water, asked, "What's the matter that you needed to see me in person about?"
Nie Zhan picked up a file from his desk and sat down next to Lu Jiaxin. "I received news two hours ago that Henderson Land intends to sell the Lippo Centre Mansion project. Here are the details of the Lippo Centre; take a look."
At the mention of a project being released by Henderson Land, Lu Jiaxin's eyes lit up as she eagerly took the file. After perusing the information, her eyes sparkled with excitement. "We must secure this project."
"By acquiring it through a loan and then dismantling and selling it off," Nie Zhan explained, "given the current upward trend in real estate, we should be able to make a profit of over 40%."
Lu Jiaxin frowned, disagreeing. "Selling off such a luxurious mansion would be a waste. It's better to rent it out. Look, Henderson Land is only renting them out and not selling them."
According to the information, the Lippo Centre consisted of two towers, one 33 stories tall and the other 34. Built seven years ago, there were a total of 158 luxury residential units. Henderson Land had chosen to rent out these luxury residences instead of selling them, which meant that the property rights were still in their hands. If Mansheng Real Estate bought them, the property rights would transfer to them.
Nie Zhan smiled and said, "If our company acquires it, we will undoubtedly sell off these units to recoup our investment. You can buy one if you want to rent it out."
Lu Jiaxin added, "And according to the information, there's also an undeveloped plot of land measuring over 30,000 square feet. That's a sizable area; we could build a third tower."
"Yes, a third tower can be built on that plot," Nie Zhan confirmed.
"With the two luxury units and the plot of land, I estimate the project is priced at over 2 billion yuan."
Lu Jiaxin smiled and said, "I still have 130 million yuan with you. This money should be enough to secure this project. But since it's obviously a profitable venture, will there be any objections from the higher-ups in your company if you give it to me?"
Nie Zhan thought she was overthinking things. "As for the plot of land that's over 30,000 square feet, if you want to develop it, you'll definitely be partnering with our company. What could they possibly complain about? Stop overthinking, okay?"
Lu Jiaxin just didn't want him to be questioned by the company's higher-ups and shareholders. Seeing that there wasn't a problem, she felt relieved. Well, she had another rent-collecting project now.
Nie Zhan smiled and said, "I now own 11% of the shares in the Peninsula. By their next shareholder meeting next month, I'll become a director of the Peninsula Hotel."
Lu Jiaxin looked at him, puzzled, not understanding why he was specifically telling her this.
Nie Zhan smiled and said, "You wanted to go play golf at Shek O Country Club, didn't you? Once I become a director of the Peninsula Hotel, I can put in an application for you."
When Lu Jiaxin heard about the Shek O Country Club, she remembered something. "You applied to buy a plot of land there before. It's been such a long time, and there hasn't been any news. What's going on? Was your application not approved?"
Nie Zhan smiled and said, "It was approved. It was approved last week, and I just got news today that the application for the hilltop land also went through. I was planning to tell you about both at once."
"Then when will construction start?"
"We'll build them together."
Nie would fund the construction in Shek O, while Jiaxin would take care of the hilltop project. After their marriage, they could take turns living in the four luxury mansions. However, it would take at least three years before they could move into the Shek O and hilltop properties. Well, he hoped that by then, he and Jiaxin would already be married.
"Okay."
Nie Zhan, an expert in real estate, took the lead in negotiating the deal for the Gen De Mansion luxury property project. It was finalized after two rounds of negotiations, with a sale price of 2.3 billion yuan, a 30% down payment, and the remainder financed. Banks were more than happy to lend for such a high-quality property.
After all, it was a loan of 1.61 billion yuan, so Lu Jiaxin applied for loans from three banks: HSBC, Citi, and Wansheng Bank. If she wouldn't even feel secure depositing money in Wansheng Bank, then of course, the more willing they were to lend, the better.
The day after the contract was signed, Zong Shimeng called to congratulate her. "Jiaxin, congratulations on acquiring another big project!"
Lu Jiaxin laughed. "Thanks to Zhan. As soon as he got the news, he told me about it and then went to negotiate with the owner of the site."
Zong Shimeng said, "Zhi Feng said that this project is a surefire profit. Jiaxin, Nie Zhan always thinks of you first when something good happens. You must cherish such a great man."
As soon as Nie Zhan got the news, he went to negotiate with the owner of the site, leaving Hu Zhi Feng a step behind. He couldn't very well challenge Nie Zhan over this. There weren't any regrets, though, as there were plenty of good projects out there. He just envied Nie Zhan for having such a wealthy girlfriend.
Suddenly, Zong Shimeng said something that left Lu Jiaxin puzzled. She asked, "Sister Shimeng, is someone close to you having relationship problems?"
Zong Shimeng sighed. "Xinyu regrets her decision and wants to get back together with Tao Yong, but he's unwilling. At lunch today, she cried so much that she looked like a mess."
"She's back in Hong Kong City?"
"She returned three days ago," Zong Shimeng said with a nod. "Tao Yong doesn't want to get back together and has been avoiding her. If he knew then what he knows now, he wouldn't have broken up with her in the first place."
Lu Jiaxin didn't say anything. No matter what, she was the one who had done something unforgivable.
(End of Chapter)
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