Chapter 112 [All in place]

Author: Ren Zhufei

Chapter 112 [All in place]

In the office of Changjiang Real Estate, Lin Zhichao was talking with lawyer Zhou Jianxun and marketing manager Hu Zhaoxu.

Since Lin Zhichao did not know anyone from Bu Nei Men & Co., the communication between the two parties could only be through letters. The only certainty was that Bu Nei Men & Co. was interested in selling a large warehouse on Paterson Street, with a total area of ​​212,000 square feet.

Therefore, Lin Zhichao entrusted Hu Zhaoxu and Zhou Jianxun to complete the transaction, and Bu Nei Men Yang Company also sent a management and lawyer to be responsible for the transaction. The main role of the lawyer is to handle the purchase and sale procedures, and to make the boss feel at ease.

.

Hu Zhaoxu said: "Bu Nei Men's price was 15.5 Hong Kong dollars per square foot, so they sold it all to us, totaling 212,200 square feet, or six warehouses. But they need to continue to use three of the warehouses for one year.

, give them time to move out.”

According to this price, it is 3.28 million Hong Kong dollars, which is considered a very good price. If the current situation was not unclear, Bu Neimen would not sell it so cheaply.

You know, in the first half of this year, land prices in Causeway Bay have risen to 35 Hong Kong dollars per square foot. After World War II, land in North Point was only 9 yuan per square foot. Ningbo businessman Wang Kuancheng made a fortune by speculating on land in North Point.

Windfall.

Lin Zhichao estimated that from 1950 to 1953, residential land in Hong Kong and Kowloon was generally around 20 Hong Kong dollars per square foot, which was extremely cheap.

"The price is good, you can buy it!" Lin Zhichao said decisively.

He is worried that newspapers reporting similar news about Hong Kong's stability will appear soon; by then, land prices may recover a bit. Therefore, if the price is reasonable, a quick decision must be made to avoid missing out on the market.

Of course, even if the "Hong Kong Island crisis" is resolved, but the import and export are blocked, the land on Paterson Street is only about 20 Hong Kong dollars, which is not much more expensive.

The key is that Lin Zhichao took a fancy to this land and felt that developing commercial and residential buildings together would be very profitable and would bring him great momentum.

"Okay, let's continue to communicate with them about the transaction details!" Hu Zhaoxu said seriously.

At this time, Zhou Jianxun said with a smile: "Lin Sheng will make a move if he doesn't make a move. Once he makes a move, he will become a blockbuster! How many businessmen in Hong Kong can handle such a large land transaction?"

He said it was very normal. At this time, there are really not many people in Hong Kong who dare to buy more than 3 million land. As for the old families, they already have a lot of land in their hands, such as the Lee Hysan family, the Ho Tung family, and the Kadoorie family.

Wait, naturally I won’t buy land.

Lin Zhichao said modestly: "To be honest, after I bought this land, I didn't have the ability to develop it at all, so I could only marinate it and plan for it in the future. It may not be developed in five years."

Zhou Jianxun seemed to have realized something, and said: "It's not that Lin Sheng has no strength in development, but he is waiting for opportunities when real estate is booming. Lin Sheng may not know that because you invented stratification and installment, many real estate businessmen in Hong Kong have started to develop in recent years.

They have been flexing their muscles in real estate, but recently due to the plummeting land prices, housing prices have also fallen slightly, causing some real estate businessmen to have difficulty in cash flow."

Lin Zhichao suddenly asked with some concern: "Doesn't matter, will it affect the Hong Kong government's restrictions on this aspect?"

Zhou Jianxun shook his head and said: "It doesn't matter, the investment is not big, so it shouldn't alarm the Hong Kong government. What's more, general banks can provide certain support, but the interest rate is high and the building has to be mortgaged to the bank."

That’s okay!

The main reason is that the market demand is still there, so the property price cannot fall below 25 Hong Kong dollars US dollars, or around 25 to 30 Hong Kong dollars. At present, there are not many powerful real estate developers in Hong Kong. After all, they have been speculating on gold in the past few years and will engage in smuggling in the next few years.

.When these people make money, and the Hong Kong government allows the construction of high-rise buildings, funding changes will come one after another.

"Thanks to Lawyer Zhou for informing me! I really have no plans to develop any more residential projects in the past few years. I will intervene in a big way after the situation stabilizes and new purchasing power is formed in Xiangjiang."

Zhou Jianxun is Lin Zhichao’s real estate lawyer. The cooperation between Gao Luyun Law Firm and Changjiang Real Estate is very pleasant, and both parties have gained more in recent years.

A week later.

Representatives of Cheung Kong Holdings and Bu Nei Men sat at the signing table and completed this large-scale property transaction under the supervision of lawyers from both parties.

After paying the land purchase price of 580,000 US dollars (3.28 million Hong Kong dollars) and a small amount of taxes, the west side of Paterson Street will belong to Changjiang Real Estate, and at least 8 to 9 commercial and residential buildings can be built, that is, the following are commercial properties

, the above one is of residential nature.

This piece of land alone is basically comparable to the peak years of Liao Baoshan (the land king of Western District), Airship Tai, Chen Detai, and Li Kangjie (the land king of North Point) in the previous life in the 1950s; however, none of these four people later became successful.

Liao Baoshan almost went bankrupt, Airship Tai was suppressed, Chen Detai almost went bankrupt, and Li Kangjie went bankrupt.

"Mr. Lin is really courageous. He is able to buy properties against the market trend, which is admirable!" Johnson, the foreign representative of Bu Nemen, said with a smile.

When Yangtze Real Estate proposed to acquire their warehouse in Causeway Bay, the instructions given by the headquarters were to deal with it as soon as possible, because they were not optimistic about Hong Kong after losing the mainland market.

What's more, this warehouse is just a property of Bu Nei Men & Co. in Hong Kong. Bu Nei Men also has some properties in Hong Kong. Of course, the headquarters' opinion is to reduce risks and not to withdraw from Hong Kong altogether.

Johnson's tone was not that he really admired him, but that he thought Lin Zhichao was a little stupid. This bargain hunter was probably the only one in Hong Kong who was Lin Zhichao.

Indeed, future generations have never heard of anyone who dared to buy land at the bottom at this time. The people who bought the land at the bottom in Hong Kong at this time are probably the same type as the businessmen who bought the Shanghai stock market at the bottom.

Whoever laughs last will be judged by future generations!

Lin Zhichao said with a smile: "We have no way to escape. Hong Kong is our terminal, so we take a gamble. And, I believe it."

Johnson's eyelids twitched, and he co-sold the warehouse property with Bu Nemen. It was because he had no confidence in the garrison and no confidence in London!

No Chinese has confidence yet!

"Okay, then I'm here to congratulate you on your success in bargain hunting!"

After all, Bu Nemen is not a real estate developer, so it is reasonable to sell the warehouse land.

After receiving the land, Lin Zhichao breathed a sigh of relief. He would no longer have the funds to buy the land at the bottom. However, before 1953, he would definitely raise money to continue buying land.

After all, land priced at more than 20 Hong Kong dollars per square foot is as if it was picked up.

When Lin Zhichao came to Yangtze River Industrial, he first walked around the factory and felt very good immediately. A full 66.66 acres of land (450,000 square feet) already belonged to Yangtze River Industrial.

Cheung Kong Holdings spent a total of less than 1.8 million Hong Kong dollars on these lands, which amounts to 4 Hong Kong dollars per square foot. Lin Zhichao believes that by 1950, the value of these lands will be about 3 million. In another thirty years, its value will be

3 billion Hong Kong dollars; by the 1990s, these lands will be worth tens of billions.

Just like Pang Dingyuan, the "Steel King" of Hong Kong in his previous life, he bought an 80-acre piece of land in Tseung Kwan O. By the end of the 1980s, the steel company opened and closed, but the land was sold for 8 billion.

This is Hong Kong!

Lin Zhichao quickly dismissed the thoughts in his mind. It was only tens of billions, so there was no need to think too much, and it was not time to retire.

On the huge 66.66 acres of land, there are only two new factories, occupying only one-seventh of the area; in addition, there are old factories left by Degu Company, with an area of ​​more than 10,000 square feet, and the rest are

The dilapidated warehouse is no longer usable.

Back at the factory building, the layout has also changed.

The zipper production workshop was moved into the first and second floors of the three-story factory building and divided into two floors according to the craftsmanship. The third floor is the administrative area and a large area is vacant.

Global Maritime Academy moved into an area of ​​the first-floor factory building, which was the original administrative area of ​​Yangtze River Industries; the original production workshop was converted into a warehouse to store raw materials and zipper products.

"Boss, after the Xingdao factory was put into production, Yangtze River Industrial has a lot more manpower. I want to fire some people." Wang Liang walked into Lin Zhichao's office and reported a job.

Sing Tao Cheung Kong Industrial has nearly 300 employees, of which more than 50 are skilled workers and managers sent from Hong Kong.

The Tsuen Wan factory has eliminated six more automatic zipper machines, and currently has about 400 workers (excluding administrative staff), which is indeed a lot more people.

"Don't be in a hurry to resign! It's so difficult in Hong Kong now, and you still fire workers, what should others do?" Lin Zhichao said immediately.

Let’s not talk about whether he has good intentions or not, just laying off a large number of workers will not be good for Feng Shui or luck.

Wang Liang insisted: "But if we want to hire 100 more employees, the monthly salary will be more than five or six thousand, which is a waste."

In his opinion, 20 automatic zipper machines in the two places can almost cope with the increase in orders next year; therefore, it is impossible to support more than 100 people for that long.

"How are you guys handling it now?"

Lin Zhichao did not blame Wang Liang for contradicting him, after all, he was doing it for the good of the company.

Wang Liang said: "At present, each worker works about 9 to 10 hours of work, which is arranged through shift scheduling. But this is definitely not possible. Once you get used to it, it will be difficult for everyone to change in the future, and they are all skilled workers."

Lin Zhichao nodded and did not refute. It would take at least 12 hours to be reasonable.

If it lasts 9 to 10 hours, wouldn't it be more comfortable than when Lin Zhichao was driving screws in his previous life?

That’s not true!

"In this way, you arrange the 100 workers who are going to be laid off, and then ask them to clean up the old factory over there. Clean up all the junk in the warehouse, and then repair the factory for me. You can ask the Changjiang Real Estate Engineering Department for these things.

People will manage it.”

"At the same time, Yangtze River Industries plans to establish a Yangtze River Plastic Factory and hire these workers. It will purchase plastic machines and hire skilled workers to lead the production of plastic buckets, rubber stools, showers, nozzles, toys, etc."

"The plastics industry still has prospects, but let's just consider it a learning stage for the time being."

Although Wang Liang wanted to say that so many people were not needed during the learning stage, he knew that his boss was determined not to lay off people, so naturally he would not be a bad person again.

"Okay, I'll make arrangements right away!"

"Leave it to your subordinates to do the work, you just need to organize it!"

"Yes, I understand!"

After all, Cheung Kong is a large manufacturing company. Of course, a deputy prime minister cannot do everything by himself.

Currently, Lin Zhichao has been managing all aspects of Cheung Kong Holdings, but the shipping business is about to start, and some of his energy will be diverted.

After Wang Liang left, Lin Zhichao showed a smile.

Yangtze Plastic Factory!

It's obviously intentional.

Entering the plastics industry at this time, it was difficult to make a big difference. How much money could be made by producing buckets, showers, and toys? It would be difficult to support so many workers.
To be continued...