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Chapter 181~182 [Rejuvenating Hands](1/3)

As soon as the news of New Era Real Estate's acquisition of Cathay City was announced, Cathay City's market value had risen to 200 million in just five trading days, an increase of nearly 60%.

For stock investors, any sick woman (company) whom Lin Zuhui caressed will soon turn into a beautiful woman under his wonderful rejuvenation skills.

Last month, Hong Kong and Macau Development (formerly known as Carnival Real Estate) is the best example; from a minimum market value of 25 million, the market value has now stabilized at 160 million, a premium of more than six times.

Cathay City's asset restructuring is proceeding in an orderly manner. It has 300 million in cash (100 million capital injection and 200 million loan) and is repaying some creditors. It is expected that it will need to spend 150 million and still have 150 million cash left.

At the same time, rumors have spread about the sale of catering, industrial and other businesses, and it is expected to bring back more than 150 million yuan.

Lu Donglai, the general manager of Cathay City, hurried to Lin Zuhui's office with a touch of joy on his face.

"Boss, a real estate agent just told me that Hong Kee Building on Connaught Road is for sale!"

Lin Zuhui also had a happy face and repeated: "Hong Kee Building...Hong Kee Building!"

Lu Donglai said quickly: "The building was occupied in the late 1970s. It covers an area of ​​6,500 square feet, is 20 stories high, and has a property area of ​​130,000 square feet. The rent of that building this year is 20 yuan per square foot per month, and the vacancy rate

About 10%; the lower three floors are shops, and the rent ranges from 50 yuan to 300 yuan per square foot per month."

Listening to Lu Donglai's words, Lin Zuhui also recalled his memory. He seemed to have read reports in his previous life, saying that Yang Shoucheng purchased Hongji Building for 650 million in 1993 and sold it to Chinachem's Gong Xinru for 880 million two months later.

Net profit of 200 million (the protagonist liked to read news about celebrities in Hong Kong before traveling through time).

Because when I read the news at the time, I thought it was quite unbelievable why it soared by more than 200 million in two months!

Only now did Lin Zuhui understand that in the so-called real estate speculation and building speculation, the market price is just a reference. As long as a Weishui guy (described as rich) buys it, it is normal for it to rise by several percent in a few months.

For example, in the early 1980s, Li Chaoren also speculated on the Federal Building and the International Building. In less than a year, the price of 1.2 billion was sold to 2.2 billion. This price is probably still high until now (the Sino-British negotiations plummeted by 40%).

"Well, you go and get in touch first! Although this building is good, if it is too expensive, we may not be able to buy it!" Lin Zuhui still planned to let his men go and have a look first.

Lu Donglai said: "I heard from the agent that the owner is planning to immigrate before selling, so we should be able to negotiate a good price."

Lin Zuhui's face was also pleasantly surprised. It seems that this is really possible. Starting from this year, a huge wave of overseas immigrants began to hit Hong Kong. Many people lost confidence in China and Hong Kong and immigrated one after another. Therefore, many owners took advantage of this.

The property market is booming and properties are for sale.

Of course, despite the fact that these owners sell a lot of properties, starting from this year, Japanese, Australian, and Southeast Asian capital have begun to invest in Xiangjiang; especially the small Japanese, they have been big investors in recent years. With the appreciation of the yen, they

A lot of money is invested overseas, and Xiangjiang is one of their goals.

"Well, you go and try it out first!"

"good!"

Lin Zuhui's psychological price for this property is 250 million to 280 million. If it exceeds 280 million, Lin Zuhui may not buy it because it is not suitable for Cathay City.

If it can be bought at a suitable price, it will be equivalent to using up all the funds of Cathay City, including the funds for selling catering, industrial and other businesses.

If you buy this building, wait a month, and then revalue Cathay City's properties to increase the asset value; in this way, as the stock market booms, Cathay City's stock price will naturally soar.

By then, loans and rights issues will be raised at the same time, and a wave of properties will be purchased. Cathay City's asset restructuring will be considered a success.

This year’s goal is to reorganize Cathay Real Estate’s assets and increase its market value, asset value, and net assets;

Cathay Real Estate will not invest in the hotel sector until next year.

.......

Three days later, Lin Zuhui led people to Hong Kee Building. The first-floor shops here have good customer flow. Many well-known brands have settled there, such as the local fast food industry leader ‘Caile de Coral’, as well as many boutiques.

This building is right next to two buildings, so it seems a bit crowded, but that's the characteristic of Central. Buildings are next to each other, so every inch of land is precious.

Two days ago, Mr. Lam Cho-fai quietly came to Wang Kee Building for an unannounced visit and found that the reason for the 10% vacancy rate was not the problem of the building itself (the average vacancy rate in Central is 6%), but the owner's poor management.

In this way, Lin Zuhui knew very well!

Arriving at a conference room, Lin Zuhui and his party met Chen Ji'an, the owner of Hongji Building. The two parties had communicated before, and Lin Zuhui basically came to finalize the decision.

He will not be overly preoccupied and will not overly rely on others to rush to immigrate and lower the price; after all, others also have multiple choices.

After everyone sat down, they chatted briefly and then went straight to the topic.

Lin Zuhui said tentatively: "Sheng Chen, can you accept the installment payment and settle it within half a year?"

It is normal to pay in installments for a large property such as this. For example, when Carnegie bought the Golden Gate Building, it was paid off nearly a year ago; the money was paid off only after the hype was over.

Chen Ji'an immediately shook his head and said, "We only accept cash for settlement within the same month. I'm really sorry, Lin Sheng!"

"Then if you mark the price to 260 million, we can pay it off at the end of the month!"

Lin Zuhui cut off another 10 million, and 270 million was Chen Ji'an's last offer.

Focusing on this price, the two sides fought for several rounds. Lin Zuhui looked for problems with the building, while Chen Ji'an talked about the market price.

Lin Zuhui even wanted to get up and leave for a while. He rarely cared about business in this way, but Cathay City is now in a restructuring stage. If he can save 10 million, he can get better space for the company.

Moreover, this building is not a must-buy for Lin Zuhui!

If it were the Twin Towers, Royal Tower, and Harcourt Tower, these four buildings, Lin Zuhui would not care too much about 120 million, let alone 10 million.

Fortunately, Chen Ji'an saw what Lin Zuhui meant and finally said that the deal was completed.

"Lin Sheng, your name is well known to me, and I also know that Cathay City is undergoing asset restructuring. Therefore, I will grant you a deal of 260 million yuan. You need to collect 260 million yuan in cash within a week, otherwise the transaction will be cancelled."

Lin Zuhui said confidently: "We will close the deal tomorrow, and we can get the cash together."

He was worried about long nights and many dreams, so he planned to borrow 110 million in cash from New Era Real Estate, and Cathay City collected 260 million to buy Hongji Building first.

The 110 million in cash from New Era Real Estate is the funds withdrawn from the development of real estate. It was originally needed to repay part of the loan and purchase land and old buildings; however, it was only misappropriated first. Cathay City's catering and industrial investments can be sold soon and then returned to

Just the parent company.

"Okay, we will sign the contract at Huang Desheng Law Firm at 10 a.m. tomorrow."

"no problem."

The next day.

The two parties formally signed a transaction contract at the lawyer's office, and Hongji Building belonged to Cathay City.

On the way back, Lin Zuhui told Lu Donglai: "After we take over the Hongji Building, we must strictly follow the lease management regulations formulated by New Era Real Estate and conduct meticulous management. We cannot let it continue to be like this."

Lu Donglai has been with New Era Real Estate for almost a year. Naturally, he knows that New Era Real Estate's leasing department strictly follows the regulations formulated by large real estate companies, refer to Henderson Land, and the boss attaches great importance to the management of its leasing department. There is no reason for him not to be familiar with it.

"Yes! A small business is afraid of food but not interest. A large business is afraid of interest but not food. We must adhere to the rules of the headquarters leasing department." Lu Donglai said seriously.

After taking over the Hong Kee Building, Lam Cho Fai's company already owns three buildings; among them, the News Building is only worth 70 million, but the Entertainment Building in Central is worth more than 400 million, and the Hong Kee Building is worth more than 300 million. They are both very good and high quality.

building.

In particular, the Entertainment Building is located on Queen's Road, where land is scarce, and is also a consumer area with high passenger flow. If the Entertainment Building is rebuilt into a 30-storey neoclassical-style skyscraper, its value will increase several times.

...

When he returned to the Repulse Bay Villa after get off work, Lin Zuhui found that something was wrong with the atmosphere in the villa. Kwan Jiahui, Wang Zuxian and Cai Ning all had smiles on their faces.

"What can make the three of you happy together?" Lin Zuhui said while enjoying the "wife-like" service from Guan Jiahui and Cai Ning - taking off their coats and changing into slippers.

Guan Jiahui put her face up and said happily: "You are going to be a father!"

Lin Zuhui's face suddenly darkened, and he suppressed his anger and said angrily: "Leaked? How can a woman like you get pregnant so easily?"

But he was losing his temper randomly, and the reason seemed to be quite childish. He believed that getting a woman pregnant should be an 'important' ceremony. It should be well prepared, romantic, and graceful, and there should never be any omissions.

I got pregnant.

Who are you looking down on? I have more!

Guan Jiahui was frightened and quickly explained: "It's Sister Ning!"

Lin Zuhui suddenly felt a little embarrassed, but he quickly changed his mind and said, "Then I need you to announce the good news. You can just wait until next year to announce your own good news!"

Guan Jiahui stuck out her tongue. This man was so scary just now: He must have doubted himself. He was so annoying! He arranged for his assistant and driver, but he still dared to doubt himself... Humph, this man looked so cute when he was jealous.

!I am so nervous about myself, hehe, I am the most favored woman!

Ignoring Guan Jiahui, who was thinking automatically, Lin Zuhui interacted with Cai Ning. He was very happy. He proved one thing. He was very active and basically hit the target with one hit!

The Lin family has entered the big family mode in advance. Lin Zuhui's wife and three concubines often gather in Repulse Bay occasionally. Of course, they usually go back to their mansion and live a private life.

After dinner, everyone went to the swimming pool to play, but Cai Ning refused to go into the water and enjoyed the joy of pregnancy on the deck chair on the shore.

Lin Zuhui came to Guan Jiahui and Wang Zuxian.

"Zuxian, you are hopeless! Your sister Guan is over 20 years old, and she can still have sexual intercourse for the second time!" Lin Zuhui said, looking left and right.

(ps: Guan Jiahui’s second sexual intercourse in her previous life really happened. 32b became 33c)

Wang Zuxian glanced down at herself, then stood up and said, "Why don't I give you a change of taste?" After saying that, she looked at Lin Zuhui slyly, showing no "inferiority" at all.

It was precisely because she knew Lin Zuhui's true nature that she was so relieved.

"That makes sense!"

Lin Zuhui was convinced, but he really didn't care about Wang Zuxian's extra taels. Have you ever seen a little fairy who is so big?

However, Guan Jiahui is very proud. Many female friends marvel at her second haircut, and even say that she has made up for the last flaw and has truly become a perfect woman.

Besides, this man has good taste!

...

In late September, good news came one after another.
To be continued...
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