Top of the big era
Chapter 1870 Rare things are more valuable
Zhou Buqi was a little surprised. He didn't expect that the money he earned was not enough to spend, and he had to go out to get a loan. "Didn't I say I had 2 billion US dollars in my account?"
Zhen Yu said softly: "Yes, the original balance was 2 billion U.S. dollars. Regarding Changyou's IPO, you took away 800 million U.S. dollars. There are also the principal and interest of the debt, a total of 550 million U.S. dollars. Our family's allowance is at least We also need to be prepared to spend 200 million to 300 million US dollars. Didn’t you say that you want to buy a new yacht for my father? It will cost at least 100 million US dollars... That’s 1.7 billion US dollars.”
"Uh... the expenses are quite large." However, Zhou Buqi doesn't think there is a need to save on household expenses, "Then there are still US$300 million left!"
Senior Sister Zhen Yu sat sideways on his lap, hooked her arms around his neck, and said coquettishly: "There is also real estate, sir!"
"Oh! Property!"
Zhou Buqi knew that she was an artistic woman. When she was in China, she founded Jieyu Media with her two sisters Baihui and Baoshan.
Therefore, she will have higher requirements when it comes to family real estate.
Anyway, there is money.
She wanted a home filled with modern art, like the luxury condos she saw on the edge of Miami Beach.
But the apartment is not suitable and the privacy protection is not enough. Then build it yourself, and you can be more satisfied and tailor-made.
Zhen Yu bit her lips lightly and said: "After we have laid out the layout in New York, we can control the development of industries in the United States and Europe on the East Coast, and travel is convenient. Real estate in Miami is very important."
Zhou Buqi smiled and said, "That island manor you mentioned?"
Zhen Yu softly said "Yes", "However, the facilities of the island manor are a bit old. They were built in the 1930s. At that time, they did not take too much into consideration that the isolated island overseas might be impacted by the sea wind and waves. ."
"So it needs to be remodeled."
"Yes, I have talked with them, and the transaction can be completed for 30 million US dollars. But this is only the price quoted for this small island. If we want to be safe from seaside risks, we need to tear down the entire island estate and start over. That will It’s a huge investment, just like the artificial island in Dubai.”
"Dubai?" Zhou Buqi said half-jokingly, "You don't want to build a grand building like the Burj Al Arab, do you?"
Zhen Yu kissed him softly on the face, pursed her lips and said: "We live in our own house, why should we make it so big? Six or seven floors is enough, but... after all, it must be full of artistic flavor, like a work of art. , this is actually an investment.”
"Huh? Investment?"
Zhou Buqi is a little funny. In his opinion, it is just spending money to please a woman. Investment is about returns, and he doesn't care about returns.
Zhen Yu said: "Really, it's investment. Teacher Wen and I stayed in Miami for five or six days, visited seven or eight top-level apartments, and also looked at some manors and townhouses. I felt that Miami's real estate market is gestating a huge boom. The investment opportunities are greater than those in the domestic real estate market. Do you know what the most expensive real estate is?"
"apartment?"
"Yes, those newly built apartments full of imagination and modern art, the price is even higher than those antique old manors. Just like the reflective mechanical apartment we are looking at, one floor costs 100 million US dollars, even for the entire sea and lake No manor can be sold for this price.”
Zhou Buqi nodded, "Things are rare and valuable."
Ordinary houses are basically the same.
The lack of personality, differentiation and distinctive attributes has resulted in the relevant properties having only residential functions, and at most they are in a better location.
What is being sold is the money for the location.
Each of the top estates in Palm Beach, Miami, has a long history, some even 200 years old, and they have all been turned into tourist attractions for public exhibition. They were the homes of the first generation of American billionaires. It has commemorative and tourist value.
However, even with the cultural blessing of "antique" attributes, this type of real estate cannot be sold at a high price. Just like an island estate, it can cost tens of millions of dollars.
The newly built real estate projects on the beach are different. Each design is unique in the world and is a true orphan.
Many structural designs are anti-physics, such as "water apartments" and "sky gardens". Basically, every property is unforgettable after viewing it.
This unique attribute in the world has caused the prices of such properties to soar to unimaginable heights.
The real estate itself is not expensive, but its derived value is very high, just like luxury goods.
The average real estate price in Miami is less than half that of New York, but the prices of these top-end real estate are even higher than those in Manhattan and Long Island, New York. One-story apartments can cost US$100 million or US$200 million.
The total price of an entire apartment must be several billion dollars.
Zhen Yu said softly: "The investment opportunities are really good, just like mechanical apartments. The total sales price may exceed US$3 billion. The actual cost price seems to be US$480 million."
Zhou Buqi was surprised, "The rate of return is so high?"
Zhen Yu said: "Yes, this is the derived value of art. What is being sold is not real estate, but art. So the people from the Miami Real Estate Association have said that the city hall has inspected and sorted out all the land near the beach. So The high rate of return will definitely lead to a greater investment trend."
"This judgment is quite accurate." Zhou Buqi smiled, "This is how it should be, all the land on the seaside should be sorted out, and new projects should be strictly restricted. If the coastline is built into a world-class artistic building complex , then Miami’s urban attractiveness will be greatly enhanced.”
Zhen Yu nodded and said: "It's very possible. There are more and more rich people now. Rich people in the United States want to go to Miami for vacation. Rich foreign people will also invest in Miami. However, for ordinary people For the richest people in the world, they can only buy apartments, not the large estates in Palm Beach that have dozens or hundreds of years of history."
Palm Beach is the top wealthy area in Miami. The old-school American wealthy basically have super estates here, just like Long Island in New York.
Although the price of this kind of manor is not too high, it is really not something you can buy if you have money.
This place is all about status.
For example, if a Hollywood star has money and wants to buy something, he can only buy those luxury apartments. Only those who reach the level of Spielberg and George Lucas are qualified to enter a higher level.
This includes many foreign wealthy people. They have no chance to enter the top estates in Palm Beach, and they are very wealthy and unwilling to buy ordinary townhouses worth millions of dollars. The market for top-level apartments on Miami Beach has just emerged.
This will become a major trend in the future. The most expensive apartments in the world are no longer located in traditional major cities such as New York, London, Tokyo, and Hong Kong Island, but in Miami.
According to Senior Sister Zhen Yu's plan, even if it is used as an investment project, taking over the island manor and renovating and rebuilding it will be a very cost-effective deal.
Zhou Buqi patted her on the back and said nonchalantly: "It doesn't matter whether you invest or not, as long as you like it. It doesn't matter how much you spend on life!"
Zhen Yu pursed her lips and smiled, "I plan to prepare 500 million US dollars for this project."
"Uh..." Zhou Buqi looked at her deeply, "Then you really need a loan."
Zhen Yu said: "Also, there are properties in London and Switzerland. We have found the target. The property in London may be worth US$400 million, and the property in Switzerland may be worth US$200 million."
Zhou Buqi opened his eyes wide, "What? A real estate worth 400 million US dollars? What is this? A palace made of gold?"
There was a hint of playfulness in Zhen Yu's eyes, "Yes, it's a palace made of gold. I haven't been there yet, but my assistant went to see it and she was shocked. She said even the wastebasket was made of gold. "
"What the hell?"
Zhou Buqi felt a little dizzy.
Golden house?
How earthy is this!
What kind of rich person would have such a rich aesthetic?
Zhen Yu chuckled and said: "He is the Crown Prince and Deputy Prime Minister of Saudi Arabia, and this property is his palace in Europe. However, he was seriously ill and may not be able to survive. He returned to Saudi Arabia several years ago to wait for death. In the hospital I’ve been lying there for more than two years and it seems like I can’t walk anymore.”
"A rich man from the Middle East..."
Zhou Buqi suddenly realized this, which is not surprising.
He has been to some palaces in the Middle East, and they were really magnificent. Even the steps were gilded, and even the beds were made of pure gold. They were definitely the aesthetics of a wealthy person.
Zhen Yu said: "I originally wanted to sell it two years ago, but due to the impact of the subprime mortgage crisis, I didn't sell. Now the British housing market is gradually getting out of the subprime mortgage crisis, and the European debt crisis has not had a big impact on the UK. Saudi Arabia The investment bureau wants to sell this property quickly.”
Zhou Buqi said: "These rich people are quite good at doing business."
Zhen Yu said softly: "The assistant told me that there are more than 3,000 pieces of art in the property, which should also be included. So the price is very high. The offer of US$400 million scared off all interested investors."
"Shall we buy?"
"If you have time, go and take a look. There are 7 floors in total, with more than 140 rooms? It seems so, just like a hotel. At that time, we will use the top 3 floors for our own homes, and the lower 4 floors will be for chefs, bodyguards, drivers, waiters, etc. Assistants, employees, guests, etc. It will be convenient then, so you don’t have to go out to find a hotel.”
"Where's the Swiss one?"
"The one in Switzerland is an old private hotel. Let's buy it and renovate it and turn it into a private residence. It seems to have 7 floors. We can formulate a unified set of rules and make unified arrangements."
Of course Zhou Buqi would not have any objections, "If you think it's okay, then that's okay."
Zhen Yu's smart eyes sparkled with joy, "Then I've decided!"
Zhou Buqi said proudly: "Of course, everything at home is up to you!"
Zhen Yu smiled and asked: "Is that a pledge of stocks or a cash-out of stocks?"
Zhou Buqi said simply: "Pledge and get a loan. Stocks cannot be cashed out. The stocks in our hands have huge growth value. The little interest is far less than the growth potential of the stocks. Get a loan. ...How much will be borrowed this time, US$1 billion?”
"Um!"
Zhen Yu nodded gently.
"Okay, let's do it!"
Zhou Buqi delegates full power.
Currently, the Zhou family's loans are approximately US$4.8 billion, mainly debts incurred when acquiring Manchester United and establishing Ziweixing Global Group. Adding another $1 billion in debt won't matter.
Anyway, with the support of Pluto Capital and Neptune Capital, it’s not a big problem!
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