Top of the Great Era

Chapter 1963 Touring the Park
After seeing Lao Zhang, he first asked about Changyou's plans for the headquarters in New York.

"Almost, it can be implemented." Zhang Chaoyang had just returned from the United States and had only slept for a few hours. Maybe he hadn't had a good rest and his voice was a little hoarse. "But it's not as expected."

Zhou Buqi asked, "What's the difference?"

Zhang Chaoyang said: "In Manhattan's popular dense commercial district, standing on this building, you can jump to another building at random. If you want to build a low-density Internet headquarters park, I'm afraid it will be difficult. It worked."

Zhou Buqi didn't care about this, "That doesn't matter, after all, we have to carve out a piece of land that belongs to us."

There are many fundamental differences between Internet companies in the new era and traditional industries, which are manifested in all aspects, including the headquarters building.

The headquarters of traditional companies are generally high-rise buildings, which are very tall and spectacular business office buildings.The most well-known is the Giant Group back then. It was going to build a 70-story headquarters building, but the company went bankrupt because of a broken capital chain.

Internet technology companies are different. Generally, there are no high-rise buildings, and they are generally "short".

The highest is more than a dozen floors, generally six or seven floors.

Because the floors are relatively low, there are relatively few available office spaces, and one building is simply not enough. Therefore, a large headquarters park must be planned and covered with more than ten or twenty buildings.

The civilian airport in the back can be bulldozed to build a new building.

"Tell me."

Zhang Chaoyang said: "I know, but I have consulted some institutions and heard some opinions."

However, if the cash is in Changyou's account, after Boss Zhou's planning and investment in the mobile Internet era, once several world-class hit games appear, the income in a few years will not be two or three times the concept. up.

"The team is starting a new stadium plan. The team spends almost no money. It applies for a fund from the government as the start-up capital, and then it just needs to raise equity from the commercial market. This real estate project will be completed. .”

From a traditional point of view, this is a bit too wasteful of land.

Zhou Buqi insisted on his attitude. How could he invest such a large amount of money in real estate in such a critical period?

The terminal building is an old building. This kind of building carries history. It is almost impossible to tear it down and rebuild it. It can only be renovated internally and transformed into an office area.

"It can be like this, rent first and then buy, and draw up the contract first." Zhou Buqi quickly thought of a solution, "Just like the football market."

Like Microsoft's headquarters, like a small town, hundreds of buildings have been built.

Zhang Chaoyang immediately understood the meaning, "How about operating real estate as a financial product?"

Zhang Chaoyang nodded, "That's one way, then rent first and then buy. The terminal building is a real estate owned by the New York government, and it has always been poorly managed. If they have the opportunity to get rid of this burden, they should sign this lease first and then buy it." protocol."

"Anything like this?"

"The New York authorities are going to carry out a large-scale renovation and transformation of the Hudson Square Park in Manhattan. This is a super large project and may become the largest real estate project in New York history. This St. The park is not far away. As long as the real estate cluster project of Hudson Yards Park is put into operation, two or three billion US dollars of investment will be invested in it, which will form a large scale effect, and it is possible to plan the terminal building.”

However, flowers and plants are unnecessary.

Zhou Buqi's eyes lit up, and he suddenly had the feeling of making a lot of money in real estate investment.

There is no way around this. There is no land in the central area to be granted to Internet companies to waste.

Zhou Buqi laughed and said, "That's for sure, you can't buy it, right?"

Zhang Chaoyang was a little funny, thinking that this kid is really good at quoting from many sources, and he can also put the game of football in this project in Changyou Park?
Zhou Buqi said: "In European football, every time the transfer period starts, the club has no money to pay the transfer fee, so they rent it first, with a buyout clause. There are two advantages to doing this."

Zhang Chaoyang glanced at him, "If this is the case, now is the best time to buy the terminal building. After a few years, when this Hudson Yards project is really realized, the surrounding real estate prices will be on a rocket."

Moreover, the density is very low, the distance between buildings is relatively far, and many flowers and trees are planted, occupying a huge area.

Here's a good chance.

In this way, a New York Internet business district centered on Ziweixing and Changyou was established.

"Ah."

This is also one of the reasons why Internet giants are now gathered in Silicon Valley, but they are unwilling to develop in New York.If you go to New York, you have to go to Manhattan... But Manhattan has less land and more companies, which makes it the largest and densest super-big CBD in the world.

"Oh? What?"

If you buy the terminal building now, and also buy the newly built office buildings on the surrounding land, when the Hudson Square Park is developed, the land price will increase several times... The real estate value of "Changyou Park" will increase. Double it!
Even with luck, the two areas have been opened up, and the real estate planning and architecture on the "Changyou Park" side are beautiful and attractive enough, so they have the opportunity to dominate the crowd and attract the attention of the original Hudson Yards Park. be the center.

Manhattan's commercial development is too developed, resulting in insufficient land resources. The New York authorities want to re-plan the land around Hudson Square, which has outdated facilities, transform transportation, rebuild subways, and build a new era of commercial office buildings. District... It will turn decay into magic, and turn this backward area into a new commercial star district in Manhattan!
It just so happens that the St. John's terminal is not far from here, and it can be covered with a little expansion.

"Football again?"

"Good thing."

Zhang Chaoyang knew that this guy was too busy with business and had too much work.

Even if the Hudson Yards project lands, and the surrounding real estate prices rise, how much can it go up?

"Second, after renting out the players, if the players perform poorly, they will be returned; if they perform well, the player's value will rise. However, the buyout contract has already been drawn up, and the player's immediate value is useless. The buyout transaction can be completed in accordance with the previously signed buyout terms."

"Buy now? No way!"

Zhang Chaoyang said: "It's not impossible to buy. The current price is not too high. It is estimated to be 6-8 million US dollars. It should be able to win. Changyou can pay this money."

After a few years, when Changyou becomes rich, not to mention the terminal building, all the buildings in the surrounding "Changyou Park" can be bought, attracting many Internet companies to turn this area into a real future Ziweixing and Changyou as the center of the Internet business district.

"Then we rent it?"

Changyou definitely couldn't afford such a large amount of money.

Zhou Buqi went on to say: "The same goes for the new buildings next to them. They go directly to equity financing, but we have the right to buy out. For example, transfer 20% of the shares for 80 billion US dollars to start this project. But after 8 years After 10 years, we can buy back 40% of the shares at a price of 50 billion or 80 billion US dollars. This not only solves the short-term financial pressure, but also reserves the possibility for future recovery projects. The real estate projects in the entire headquarters park It can go on.”

As long as Ziweixing International or Changyou leased the terminal, it will have a 100% occupancy rate. If it is a one-time acquisition, it will be even better, and the authorities will be relieved to take the money and leave.

Zhang Chaoyang said: "It is estimated that four new office buildings with 4-25 floors will be built. In addition to the renovation of the terminal building, the project volume is not small. There is also the cost of the airport site. It is estimated that the total investment will not be less than 30 billion US dollars."

Zhou Buqi smiled and said: "Yes, the current domestic housing market actually has financial attributes, but the policy restrictions... just don't want to lift the veil and strictly control the financial operation of real estate projects. The United States is fine, there are no such restrictions .”

"Don't even think about it, it's going to be done! Michael Bloomberg is in his third term as mayor, and he can't be re-elected. All he can think about right now is doing something good in the last few years of his term. Fan can engrave some achievements in the history of the city of New York."

"Number one, not having to pay a large sum of money to buy players reduces the risk of large expenditures in the short term."

That's why the New York authorities pushed for Zhou Buqi to take over the terminal.

Zhou Buqi fought in New York several times, and finally found a site with a chance of operation, a large terminal building, and a large area of ​​civil airports that can be developed for commercial real estate.

Buildings should be built next to each other to maximize the use of land resources.

Zhang Chaoyang nodded, "The interior of the terminal building has been renovated several times. This time, the renovation is very fast. It is estimated that we will be able to move in next summer."

"You can pull it down!" Zhou Buqi refused without hesitation, "I still have a lot of money in my Changyou account! It's okay to invest the extra money in real estate. Now that the times are changing so fast, there is Qian has to hurry up and make strategic and business layouts.”

So there is a phenomenon that the headquarters of traditional large companies are usually located in the central business district, which is very grand and grand, and the location is excellent.

If Ziweixing International, Spotify, and Netflix are all brought in, they can't afford it.

"Ah."

Doubling or doubling is about the same.

Zhou Buqi's words are very firm, not only because of his foresight, but also because of his understanding of Michael Bloomberg in this life.

The location of the current terminal building is relatively remote, the surrounding facilities are old and backward, and there is noise interference from a small civil airport. After being transformed into a commercial office building, the occupancy rate is not high, which makes this project a bit difficult to make ends meet.

Because it is not popular here, the price of acquiring the terminal building will not be too high.

The headquarters of Internet companies are very remote, and they are all located in the suburbs.

Every building is not high.

But now there is such an opportunity.

Zhang Chaoyang said: "If the New York authorities really make up their minds and start this big project in the Hudson Square Park..."

Seeing Manhattan through satellite images can cause trypophobia.

Zhou Buqi said: "Then find a partner to develop together, which is equivalent to equity financing. Well... I bought a football team in Silicon Valley, called the San Jose Earthquakes, you know that?"

The operation of this real estate project will fall on his shoulders.

There is no way, this kind of real estate project involves too much funds, the funds are too large, the relationship is complicated, and there are many tricks in it, entrusting carte blanche to a third party... I really don't feel at ease.

Either Boss Zhou, or Old Zhang... Looking at the boy's bastard, he obviously has the attitude of directing his subordinates to work.

hateful!

(End of this chapter)