Rebirth 1983: Starting From Taking Back the Family Property Chapter 505

Chapter 505 Harcourt and the Duke of Windsor Mansion

Lu Jiaxin told Gu Haifan that he would take Gu Xiuxiu to Repulse Bay to look at the house next week and choose a house that he liked. Just tell the housekeeper or Secretary Zhang how you want to arrange it.

After staying in Gu Zhai for more than half an hour, Lu Jiaxin left after receiving a phone call. Gu Haifan was now older and more sensible. He knew that she was busy with business and didn't force her to stay for dinner.

Lu Jiaxin went to Xinxin Real Estate and asked when she saw Tan Gang: "You said on the phone that Xinxin Real Estate was going to sell the Harcourt Building and the Duke of Windsor Building?"

It was Tan Gang who called him and told him that Land wanted to sell the two buildings, so he hurried over. You must know that Harcourt House is located at 39 Gloucester Avenue, Wan Chai. It is a Grade A office commercial building, between Admiralty and Wan Chai Station, and close to the Hong Kong Academy for Performing Arts. The Duke of Windsor Building is located at the junction of Gloucester Avenue and Keli George Street in Causeway Bay, Hong Kong Island.

Tan Gang smiled and said: "Boss, I have a friend who works at Real Estate. He told me the news as soon as he knew you wanted to buy a high-quality property."

People told Tan Gang the news. First, the more buyers the property is for sale, the better. Only with competition can it be sold at a good price. Second, if the deal is completed, people must be compensated.

Lu Jiaxin asked about the price of the two buildings, a total of 2.5 billion. Although the stock market crash left many people bankrupt, the impact on real estate was smaller than expected.

As the boss of a real estate company, Lu Jiaxin has a clear understanding of the market housing prices and the prices of landmark buildings in the port city. She said: "Then you talk to them. It would be best if they can lower the level a little. If not, it doesn't matter."

Tan Gang was very happy.

Lu Jiaxin was busy the past few days and didn't come here. Naturally, she came this time to ask about the land and properties purchased recently.

Tan Gang handed a thick piece of information to Lu Jiaxin: "Boss, these are the detailed information on the land and properties we bought in the past month."

Lu Jiaxin read the first three pages carefully, then stopped reading the rest. She closed the document and said, "I have nothing to do now. Please take me to see the properties I purchased."

As for the land, if you just stop by and check it out near the property, forget about it if it's in a remote location, and you don't have that much time.

Although the money spent is relatively high, the number of properties is also limited because it is not expensive. After going around in a circle, Lu Jiaxin was very satisfied and said: "The workload is heavy this month and everyone is working hard. Tan Gang, employee bonuses have been doubled this month."

Tan Gang was very happy and said with a smile: "Thank you, boss.

An extra month's salary is only a small amount, and the bonus at the end of the year is the big one. Although the company is not listed on the market, Xinxin Real Estate is now no worse than the established real estate companies.

Thinking of this, Tan Gang asked: "Boss, a friend said that our company can be listed. Boss, can our company not be listed?"

He thinks that his boss will not go public if he is not short of money. Because once listed, not only the finances must be transparent to the outside world, but also a part of the equity must be issued to the public.

Lu Jiaxin chuckled and said, "Since you know, why do you still ask?"

She is going to be a housekeeper, so how can she let Xinxin Real Estate be listed on the market? When it goes public, not only does its finances have to be transparent and subject to public supervision, but it also has to endure the quibbles of those antiques. Tan Gang smiled and said: "Don't worry, boss, I told them the same. With the boss's financial resources, there is no need to go public."

Companies go public firstly for reputation, and secondly to raise more funds to expand the company's scale. His boss can make money in the financial market, so there is absolutely no need.

Back home, Lu Jiaxin called Nie Zhan and told him: "Azhan, the locations of these two buildings are very good. I want to take them both."

Nie Zhan hasn't received the news yet, but he will know the reason once he thinks about it. He said: "In a few years, Hong Kong City will return. Jardine Matheson is British-owned, and they will sell properties and transfer assets one after another. You have abundant cash flow on hand, so of course you have to win it if you encounter it."

Speaking of this matter, Lu Jiaxin said: "Immigration is now a trend, and they don't even think about how it is so easy to survive abroad. If they sell the port city assets now, they won't be able to afford it when they come back later."

There was once a story circulating that in the 1980s and 1990s, someone sold his ancestral courtyard house to develop abroad. After coming back for more than 20 years, I thought I was returning to my hometown in fine clothes, but when I came back, I found that the money I had earned over the years could not even afford a commercial house in a good location, let alone the courtyard house I sold.

This story is also suitable for people from Hong Kong who immigrated in the late 1980s and early 1990s. They sold their properties and went abroad. After things didn't go well abroad, they came back and found that they couldn't even afford a house.

Nie Zhan thinks there is no need to worry about this: "The cost of immigration is very high, and 99% of citizens cannot meet the requirements. As for the wealthy Chinese businessmen, their foundations are all in Hong Kong. It is impossible for them to shift their industrial focus abroad. The most they can do is Leave a hand outside as an escape route.”

Where can Wansheng Real Estate and Wansheng Bank be relocated? In Hong Kong City, we are like dragons, but in other countries, we may even be inferior to insects. Moreover, if all assets are moved to other countries without advance arrangements, they may be slaughtered as fat sheep. Therefore, those who run are basically British-owned or middle-class and small businessmen.

The news that Harcourt House and Duke of Windsor House were for sale spread quickly. Many people wanted it, among which Chinese real estate buyers were the most active.

Zong Shimeng got the news and called Lu Jiaxin: "Jiaxin, I have a good relationship with the wife of General Manager Yihe. Do you want me to introduce you to her?"

Lu Jiaxin felt it was unnecessary and declined politely. Now everyone in Hong Kong knows that she has strong financial resources, and Chinese property owners are still trying to rob her of their properties, so let's just be upfront!

Tan Gang got Lu Jiaxin's advice and said that Xinxin Real Estate was willing to acquire these two buildings at a premium of 5%. Due to the impact of the stock market crash, real estate prices have fallen. Jardine Matheson did not sell the two buildings because of the decline in real estate. They had their own strategic considerations.

The Chinese Real Estate Investment Department got the news and immediately reported to their boss Liu: "Boss, I heard that Miss Lu has made a lot of money in the stock market. She is now willing to purchase these two buildings at a premium of 5%. We have to increase the price, and she is sure It will be added as well.”

When buying something, the one with the highest price gets it, but they don't know how much cash flow Lu Jiaxin has. Miss Lu looked determined to win. If they raised the price too high, they would suffer a loss if they bought it. If they didn't buy it, they would offend Miss Lu and Mr. Nie.

Seeing that he was silent, the investment manager said, "Boss, Ms. Hongji Building was bought at a premium of more than 20%. The premium for these two buildings is more than 20%, which is far beyond our budget."

Hearing this, Da Liu gave up the competition.

(End of this chapter)

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