Hong Kong's new giants

"Everyone is desperate, and I think it's the end. I'm crazy when others panic, and I panic when others are crazy. It's probably like this! Actually, I didn't want to get involved in European and American commercial real estate this year, because the market is not panic enough. !"

Richman smiled bitterly and said: "Mr. Lin means that if Olympia goes bankrupt, it will lead to real panic in the European and American office markets! However, my philosophical motto for you - I am crazy when others panic, and when others are crazy I panicked and was in admiration."

Isn't that so!

It should be the best time to buy bottoms next year or the year after.

However, if Olympia goes bankrupt, its assets must be in the hands of creditor banks, and he may not be able to buy it cheaply.In the past life, Olympia’s 1200 million-square-foot Manhattan office building was sold by the bond bank in 1996. Citibank, Li Chaoren, and Bank of Canada jointly fought for it. As for whether it succeeded, Lin Zuhui didn’t know.

Probably not!

Lin Zuhui comforted Richman and said, "Mr. Richman, I don't intend to rub salt in your wounds. Speaking of which, I am not very eager to invest in the Manhattan office building in Olympia. In our Xiangjiang, the office building projects I invest in can have With a return rate of 30%, such good soil cannot be found in the whole world.”

Richman was surprised, and sighed in his heart what kind of market is ZTM, with such a high rate of return!

The two chatted very speculatively, especially on the Canary Wharf project. Lin Zuhui made it clear that he could invest, even if the Manhattan office project did not reach a cooperation.

Of course, the two investment methods are different. If Richman can sell the eight buildings in Manhattan to himself at a low price, he promises: In the Canary Wharf project, Lin Zuhui can first buy 10% of the shares for him, and he can Redeemed within a certain period, only need to pay the principal and interest.

In other words, even if the price of this project appreciates a lot, he only needs to borrow money from the bank, and then pay Lin Zuhui the principal and interest.

Richman's heart suddenly became hot, this condition is simply too superior!

Once Olympia goes bankrupt, all assets will not belong to him, so why should he care about the cheap sale of Manhattan office buildings!

What's more, the current price of Manhattan office buildings is so cheap that they can be sold!

……

The deal with Richman will not be concluded immediately, and the procedures inside are somewhat complicated.First of all, it was up to Richman to make a decision; secondly, the eight buildings had already been targeted by bond banks, and if they were to be sold, they had to be negotiated; finally, it was the formal negotiation between the two parties.

The eight buildings that Lin Zuhui wants to buy do not include Olympia's World Trade Center, nor does it include all of Olympia's commercial real estate in Manhattan.

These eight buildings have a total rental area of ​​1180 million square feet (including No. 245 Park Avenue building). The psychological price given by Lin Zuhui is 140 US dollars per square foot, a total of 16.5 billion US dollars, or 128.8 billion Hong Kong dollars.

Take the 245 Park Avenue building as an example. It can be sold to HNA for 22 billion US dollars in the future, and its value will increase by 15 times in 10 years.Of course, this part of the income does not include the rent during the period.

Calculated in terms of appreciation space, it is actually higher than the appreciation of Xiangjiang office buildings. For example, the current price of Central Plaza should be 80 billion to 100 billion, but at the peak in 2015, it will be worth at most 500 billion Hong Kong dollars, and the appreciation space is only 5 ~6 times.

But taking into account the rent level, maintenance costs, and taxes, Xiangjiang's office buildings are making a mess.

And if this deal is concluded, Lin Zuhui will spend 15.1 billion Hong Kong dollars to buy the next building of 150 million square meters, which is much cheaper than what Li Chaoren bought a year ago.

At that time, Xiangjiang investors will know at a glance who will be the best bargain hunter.

As for the source of funds of 128.8 billion Hong Kong dollars (maybe more than 138 billion is also acceptable), Lin Zuhui intends to use Xiangjiang’s properties as collateral to borrow 80 billion Hong Kong dollars from commercial banks such as HSBC and Citigroup.

In this way, there is no need to worry that these banks will not lend, because the property in Xiangjiang is too valuable.Moreover, New Era Group's debts are all gone, and there is no concern that no one will borrow money.

In the afternoon, Lin Zuhui came to the New York office of the 'Fuli Real Estate Investment Management' company.

Since the beginning of this year, Lin Zuhui has started to reform Fuli Real Estate, because he knows that he will invest a large amount of commercial real estate in the United States in the last two years.Therefore, the group has strengthened its management capabilities here, dispatched senior staff, and recruited many American real estate talents (Chinese are preferred) to form a strong management team.

Currently, Futura Real Estate owns about HK$30 billion of properties in the United States, mainly in Los Angeles and San Francisco, but now, it is clear that the center is moving towards New York.

"boss"

In the meeting room, some senior executives of the group and Fuli Real Estate sat on both sides of the conference table, stood up and said respectfully.

Liang Zhenxun, Gao Yi and other management of the group accompanied Lin Zuhui on this visit; in addition, there were Futura Real Estate President Chen Mingzhi and senior staff of Futura Real Estate Investment Management.

Lin Zuhui nodded, took the main seat, and signaled everyone to sit down.

"When you come to New York this time, you probably understand my idea, which is to buy 8 skyscrapers in the hands of Olympia York at a low price. Although the return rate will not be high even if you invest at a low price, if you think long-term , it should still be very worthwhile. Of course, this investment may not be successful, but you have to be prepared!"

"Yes, boss!"

Lin Zuhui said to Chen Zhizhi: "In terms of office building management, you must do a good job. Excellent management can make the vacancy rate lower! For tenants, we are their waiters, and we must be prepared to solve their troubles at any time! For property management , we have to take care of it.”

Chen Mingzhi is an executive from Xiangjiang, but he has been working in the United States for four years and is quite familiar with this place.

"Boss, don't worry, we will manage our properties well, and learn from Chinese real estate."

Lin Zuhui nodded and continued: "Even if the transaction of the eight buildings is not successful, I will buy a considerable part of high-quality rental properties in Manhattan next year for long-term investment. The flagship must be developed into a team with high efficiency and high quality.”

Seeing that Lin Zuhui attaches great importance to it, everyone also knows that this boss is going to buy the bottom in the United States!

Xiangjiang is too small to accommodate the New Times Group.

Then, Lin Zuhui listened to everyone's work report.

Commercial real estate in Los Angeles is a bit miserable, with a vacancy rate of 22%.Of course, this is known to the general environment.The "commercial center" project in Los Angeles encountered a slump in European and American office buildings before it was completed.In addition to the land and construction costs in that year (1988), the investment was also large, so it is not optimistic at present.

It's just a long-term investment. As long as the debt is reasonable, it will always make money.

Lin Zuhui thought for a while, and said to Liang Zhenxun: "Take out another 1 million US dollars and inject it into Fuli Real Estate Investment Management Company, and then buy the shares of General Dynamics, and buy them as soon as possible."

Liang Zhenxun said quickly: "Okay, I'll arrange it right away!"

A total of 4.5 million US dollars has been invested in US stocks, but the shares of General Dynamics are expected to be released by the end of next year.The investment strategy is because Lin Zuhui has seen Buffett's investment experience.

After acquiring the Miramar Hotel and investing in the mainland, each spending 30 billion Hong Kong dollars, New Times Group still has more than 60 billion Hong Kong dollars in its account.The net profit and withdrawal in the second half of the year will not be less than 60 billion. In short, even if it invests 50 billion in office buildings in the United States (and borrows 80 billion plus), New Times Group still has a stable cash flow.

Therefore, there is no need to worry about insufficient cash flow.

Chapter 455 [The rich and powerful silver]

At night, when he returned to the apartment, Lin Zuhui saw the big and small shopping bags on the sofa, and knew that Monica had another harvest day.Because Lin Zuhui had to go to work, he gave Monica $10 to go shopping, and expressed his apology a little.

Seeing Lin Zuhui coming home, Monica greeted him enthusiastically, and the two had a French romance.

"Honey, are you going to dinner together?"

"Of course!"

Upon hearing this, Monica took Lin Zuhui's hand with a mysterious expression and came to the sofa.

She sat down first, but did not leave a place for Lin Zuhui.

Monica raised her legs, slipped off her slippers, and gently lifted the hem of her skirt, revealing a pair of long legs;

She is so white and smooth, and so straight and slender.

"Does it look good?" Seeing Lin Zuhui swallowing her saliva, Monica asked provocatively.

Monica took out a pair of black stockings from the shopping bag next to her and dangled them in front of Lin Zuhui.

"It's specially prepared for you. I bought a lot of them in various styles..." After finishing speaking, Monica pursed her lips, as if I knew you well.

In fact, Monica at this time is more innocent, and I am afraid that she will be sexy after the age of 30.

When the painting scroll was spread out halfway, Lin Zuhui put his hand on it as if he had found a treasure, and his palm passed across it, which was exciting!

Stockings, a great invention of mankind!

After admiring it, Lin Zuhui pulled Monica up from the sofa, and then personally completed the final project for her, lifting the black stockings to her waist.

"Pa" sounded crisply.

This game is over!

Monica took Lin Zuhui's arm and happily walked towards the door.

While eating at a high-end restaurant nearby, Monica suddenly said, "When can I go to Xiangjiang to go on a date with you?"

Lin Zuhui was taken aback, and then said: "Of course there is no problem coming to Xiangjiang, but you have to avoid those annoying reporters, I hope you don't care!"

Monica smiled and said, "You are a rich man, but not a serious customer. Are you still afraid of this? Could it be that you are worried that your wife will be jealous?" After finishing speaking, she seemed eager to try.

Lin Zuhui said seriously: "I am not just a businessman in Xiangjiang. To put it simply, many people regard me as the 'Chinese President'. Every move affects the livelihood of thousands of people."

Monica was immediately stunned by Lin Zuhui, and couldn't help but said, "Is that equivalent to our European nobles?"

Lin Zuhui shook his head with a smile, and said: "We Chinese, regardless of nobles, can only say 'rich and powerful'. So, if you come to Xiangjiang, we should all pay attention."

"Well, if I come to Xiangjiang, staying in the hotel with you will be very satisfying!"

Still considered sensible!

That night, of course, was another big battle.

The next day, Lin Zuhui continued to work.

On the third day, Lin Zuhui put down his work and accompanied Monica to the villa in Long Beach, Long Island.

This villa is one of the few villas with a swimming pool in Long Beach, Long Island. It is usually taken care of by the family office. If someone from the Lin family comes on vacation, they can arrange to move in.

As for Lin Zuhui, every time he comes to New York, most of them live in an apartment in Manhattan, because it is a business district.

Monica looked at the villa excitedly, it was very cute.

"Honey, is this villa yours?"

Lin Zuhui said calmly: "It's mine, but I rarely live there!"

Monica immediately threw herself into Lin Zuhui's arms, her pretty face was only a few centimeters away from Lin Zuhui, and said excitedly, "If I come with my friends for vacation, can I live here?"

Lin Zuhui deliberately asked: "Male or female?"

Monica knows that Chinese men are more 'conservative', of course this man is conservative with her, he is not conservative at all, he should have many lovers.

However, he has this strength!

"Of course it's a woman!"

Lin Zuhui said with a smile: "It still doesn't work!"

"Why? You're not a stingy man!" Monica protested.

This answer is very surprising, because Lin Zuhui was very generous to her, giving her a villa in Milan, a luxury car, and investing in high-end clothing for her.

Next, Lin Zuhui's words drove her crazy!

"You are right, I am not a stingy man. Tomorrow I will ask my people to find a villa here for you and give it to you."

Monica jumped up happily and said, "Really?" There was still a trace of disbelief in her eyes.

Lin Zuhui said calmly: "Even if the money to buy such a villa falls on the ground, I won't bother to bend over! So, if you like it, why don't I give you a villa to make you happy!"

Monica immediately became interested. No woman can resist such a man with billions of dollars. She wrapped her arms around Lin Zuhui's neck and said curiously: "Honey, I read about it in the newspaper. Say you have a lot of money, like $50 billion. Is that true?"

Lin Zuhui said relaxedly: "Maybe more than that! If you are willing to bear children for me, I can make you a billionaire in Europe!"

"Of course, but I didn't have children with you for money, but because I think you are attractive..." Monica said seriously.

Lin Zuhui asked curiously: "Are you willing to be a lover forever?"

In fact, Lin Zuhui is wary of these European and American women (it is okay to give money, but he will not show his heart).Of course, it doesn't matter to have a baby, it's just over an hour anyway.

Lin Zuhui is now a little 'bewildered', and he feels that it is suitable for women to have children for him.As for other factors, he is not in the scope of consideration.

Just like Musk in his previous life, he felt that human reproduction has serious problems, and he has money and strength, so why not contribute to human reproduction.

Musk and several girlfriends have children, and Lin Zuhui's strength is many times stronger, so naturally he should work harder.

Monica said seriously: "I think it's pretty good, you... (a compliment)!"

Only then did Lin Zuhui say: "Then wait for another two years, and we will raise a child!"

"Why not now?"

"Because I'm obsessed with your delicate body!"

"We Europeans and Americans are in good health, and pregnancy does not affect..."

"No, listen to me!"

Monica nodded immediately, with surprise in her eyes.

In the morning, the two played in the villa;

In the afternoon, we came to Long Beach Beach not far away.

Monica is wearing a bikini, sexy yet pure, attracting countless eyes for a while.

Lin Zuhui pulled Monica very naturally, very calmly.

"Monica, why don't we go on a yacht?" Lin Zuhui suggested.

His villa is near the inner side of Long Beach, so he bought a yacht and docked at the pier not far away.

Monica suddenly came in front of Lin Zuhui, and kissed Lin Zuhui passionately. The two soon showed their affection openly on the beach.

After a long time, Monica smiled and said: "This is not Xiangjiang!" The implication is that Lin Zuhui should not worry about the people around him.

Lin Zuhui nodded with a smile. He is not shy, but because of his long-standing noble status, he doesn't like to get too close to ordinary people.He didn't have the leisure time to do the same thing as tearing shallots in his previous life, and even took a girl to eat at a roadside stall.