Chapter 729 [Play hard to get](2/2)
Sogo Department Store in Causeway Bay, Hong Kong opened on May 31, 1985. It was located in Causeway Bay, Hong Kong, with an area of 120,000 square feet at the time. In 1993, it was built next door, doubling the area, and named it Jumbo Sogo. After the expansion, it became the largest in Hong Kong.
department store; in November 1996, Sogo opened Beaute@Sogo on Tung Point Road opposite; in July 1997, it opened the basement of the adjacent Kimberly Shopping Center and connected it to the basement of Sogo to open a supermarket Supermart.
The step-by-step expansion of territory also shows that Sogo Department Store's business is getting better and better.
Lin Zuhui took Li Jiaxin to Sogo Department Store. He was wearing casual clothes. Although he was easily recognized, it was still somewhat concealed.
Seeing the crowds of people at the door, Lin Zuhui couldn't help but sigh at the prosperity of Causeway Bay, the world's number one retail street.
Of course, he owns a lot of properties in Causeway Bay, including Royal Fort Building, Grand Central, World Trade Center Building, and Excelsior Shopping Mall, all of which are famous retail hubs.
Looking up at the Sogo Building, an idea instantly came to his mind:
As far as he knows, the Sogo Building has 19 floors, so the office building above 11 floors can be transformed into a shopping mall again to expand the retail area in one fell swoop.
The rent of shops is definitely more expensive than that of office buildings. In addition, Xiangjiang already has the 17-story shopping mall in Times Square as a precedent, so it is obviously very suitable for renovation.
Originally, Li Jiaxin's THE ONE and the New Era Group's Royal Fort Building were planning to build high-rise shopping malls; THE ONE's 26-story shopping mall is the tallest shopping mall in Hong Kong; the 17-story Royal Fort shopping mall was renovated.
It is expected to open in 2004.
Now, in addition to this Sogo Building (it is not yet certain that it can be purchased), it can also be transformed into a 19-story (including basement) shopping mall (the transformation will not affect the existing retail part).
"Brother Hui, why did you bring me here? I still like the International Financial Center. After all, it belongs to our family!" Li Jiaxin said this, but her expression was very happy. After all, Lin Zuhui came to accompany her shopping in person.
glory.
Lin Zuhui pointed at Sogo Building and said with a smile: "How about I buy him and give it to you?"
Li Jiaxin's eyes changed from surprise to ecstasy, then she hung on Lin Zuhui and said coquettishly: "Wow, Brother Hui, you are so good to me!"
It's one thing that she likes properties, but more importantly, she knows that there are some properties that even if she has money, she doesn't have the channels to buy them or the ability to operate them.
Just like the redevelopment of THE ONE shopping mall in Tung Ying Building, if there was no Hui Ge, the most she could do was buy it and collect rent; she even had no channel to buy it.
And this SOGO department store is very famous in Hong Kong. It is a popular retail store in Causeway Bay and Times Square. She is not too happy if she is not excited.
"Be careful, this is outside!" Lin Zuhui said with a smile.
"Ah...ok. Brother Hui, I'm so happy..."
Lin Zuhui said with a smile: "Don't be too happy, this project still needs competition. But don't worry, I have asked Times Retail to set up a department store department, and we will cooperate with you when the time comes. You and Li Zi each have 30% of the equity, Times Retail
Accounting for 40%, and you have to pay for it yourself."
Li Jiaxin nodded quickly and said: "Brother Hui says whatever he says, and I will listen to you!" She didn't care about sharing it with Li Zi, and she knew that no one in Xiangjiang knew Li Zi, so Hong Kong people would not think it was her by then.
After all, she is a famous lady of the Lin family.
Lin Zuhui added: "But don't worry about the small number of shares. In the future, we will develop Tsim Sha Tsui, Tsuen Wan, and even Sogo department stores in the mainland. We will also go public in the future, so this industry will be worth tens of billions."
Li Jiaxin smiled like a flower and nodded like a chicken pecking at rice. Brother Hui promised to make her a billionaire. At present, she only has more than 10 billion, which is still far away.
She comforted herself in her heart: "It's not that I'm greedy for money, but I have two sons, so there's nothing wrong with fighting for it."
As everyone knows, if she wants to become a billionaire, she has to invest in U.S. stocks, which is the easiest thing to do. Of course, this will happen later.
When the two of them walked into Sogo Department Store, they felt as if they were walking into their own property, and they couldn't help but be very excited about shopping.
Although Sogo Department Store is a Japanese-owned department store and has many Japanese brands, it also has a full range of luxury goods and international cosmetics brands.
Chapter completed!