Rebirth 1983: Starting from taking back the family property.

Chapter 505: Xia Que and Windsor Mansion

Lu Jiaxin told Gu Haifan to take Gu Xiuxiu to Repulse Bay next week to see the house and pick a room he liked. He could tell the housekeeper or Secretary Zhang how he wanted to decorate it.

After staying at Gu's house for more than half an hour, Lu Jiaxin left after receiving a phone call. Gu Haifan was older and more sensible now, and he knew that she was busy with work, so he didn't force her to stay for dinner.

Lu Jiaxin went to Xinxin Real Estate and asked Tan Gang when she saw him, "You said on the phone that Hutchison Whampoa was going to sell Harcourt House and Windsor House?"

It was Tan Gang who called him and told him that Hong Kong Land wanted to sell the two buildings, so he rushed over. You should know that Harcourt House is located at 39 Gloucester Avenue, Wan Chai, a Grade A office building, between Admiralty and Wan Chai Station, and close to the Hong Kong Academy for Performing Arts. The Duke of Windsor Building is located at the junction of Gloucester Avenue and Great George Street in Causeway Bay, Hong Kong Island.

Tan Gang smiled and said, "Boss, I have a friend who works at Landmark. He knew you wanted to buy a high-quality property and told me the news right away."

Someone told Tan Gang the news. Firstly, the more buyers there were for the property, the better, as competition would allow it to be sold at a good price; secondly, if the deal was to go through, they would have to pay the other party.

Lu Jiaxin asked about the price of the two buildings, which was 25 billion in total. Although the stock market crash caused many people to lose their fortunes, the impact on real estate was smaller than expected.

As the owner of a real estate company, Lu Jiaxin is familiar with the housing prices in the market and the prices of landmark buildings in Hong Kong. She said, "Then you talk to them. It would be best if they can lower the price a little. But it's okay if they can't."

Tan Gang was delighted.

Lu Jiaxin was very busy in the past few days and didn't come over. This time she came, of course, to ask about the land and properties purchased in recent times.

Tan Gang handed a thick document to Lu Jiaxin: "Boss, these are the detailed information of the land and properties we bought in the past month."

Lu Jiaxin read the first three pages carefully, and then stopped reading the rest. She closed the document and said, "I have nothing to do right now. Take me to see the properties I purchased."

As for the land, if it is near the property, you can go and have a look. If it is in a remote location, forget it, and you won’t have that much time.

Although it costs more money, the number of properties is limited because quality is more important than quantity. After taking a look around, Lu Jiaxin was very satisfied and said, "This month's workload is heavy and everyone is working very hard. Tan Gang, this month's employee bonuses will be doubled."

Tan Gang was very happy and said with a smile: "Thank you, boss.

An extra month's salary is only a small amount, and the big bonus is the year-end bonus. Although the company is not listed, Xinxin Real Estate is no worse than the old real estate companies.

Thinking of this, Tan Gang asked, "Boss, a friend said that our company can go public. Boss, our company should not go public, right?"

He thought that his boss would not go public if he did not need money. Because once the company goes public, not only must the financials be transparent to the public, but a portion of the equity must also be issued to the public.

Lu Jiaxin chuckled and said, "Since you know, why are you asking?"

She wanted to be a landlady, so how could she let Xinxin Real Estate go public? If it went public, not only would the financials have to be transparent and subject to public scrutiny, but it would also have to endure the complaints of those antiques. Tan Gang smiled and said, "Don't worry, boss. I told them the same thing. With your financial resources, there is no need to go public at all."

The company went public for reputation and to raise more funds to expand the company. His boss could make money in the financial market, so there was no need for that.

When she got home, Lu Jiaxin called Nie Zhan and told him about this: "Zhan, the locations of these two buildings are very good. I want to take both of them."

Nie Zhan hadn't received the news yet, but he knew the reason as soon as he thought about it. He said, "In a few years, Hong Kong City will return to China. Jardine Matheson is a British company, and they will gradually sell their properties and transfer their assets. You have sufficient cash flow, so you must take it if you come across it."

Speaking of this, Lu Jiaxin said: "Immigration is a trend now, and they don't think about how easy it is to survive abroad. If they sell their assets in Hong Kong now, they won't be able to afford them when they come back in the future."

There was a story that someone sold his ancestral courtyard house in the 1980s and 1990s to develop overseas. After more than 20 years, he came back thinking he had returned home in glory, but he found that the money he earned over the years could not even afford a commercial house in a good location, let alone the courtyard house he sold.

This story is also applicable to Hong Kong residents who immigrated in the late 1980s and early 1990s. They sold their properties and went abroad, but when their careers failed, they returned and found that they could not even afford to buy a house.

Nie Zhan felt that there was no need to worry about this: "The cost of immigration is very high, and 99% of citizens cannot meet the requirements. As for those wealthy people, the roots of Chinese businessmen are in Hong Kong City. It is impossible for them to transfer the focus of their industries abroad. At most, they can keep a way out abroad."

Where can Wansheng Real Estate and Wansheng Bank move to? They are dragons in Hong Kong, but they may be worse than insects in other countries. Moreover, if all assets are moved to other countries without prior arrangements, they may be slaughtered like fat sheep. Therefore, those who run away are basically British capital, middle class and small businessmen.

The news that Harcourt House and Windsor House were for sale spread quickly, and many people wanted them, among which Chinese Estates Holdings was the most active.

Zong Shimeng got the news and called Lu Jiaxin: "Jiaxin, I have a good relationship with the wife of General Manager Yihe. Do you want me to introduce you to each other?"

Lu Jiaxin felt it was unnecessary and declined politely. Now everyone in Hong Kong knew that she was financially strong, and Chinese Estates was competing with her for it, so she had to confront him head-on!

Tan Gang heard what Lu Jiaxin said and said that Xinxin Real Estate was willing to buy the two buildings at a 5% premium. Because of the impact of the stock market crash, real estate prices are falling. Jardine Matheson did not sell the two buildings because of the decline in real estate prices. They had their own strategic considerations.

The Chinese Estates Investment Department got the news and immediately reported to their boss Liu: "Boss, I heard that Miss Lu made a fortune in the stock market. She is now willing to pay a 5% premium to acquire the two buildings. If we raise the price, she will definitely raise it as well."

When buying things, the highest bidder wins, but they don't know how much cash flow Lu Jiaxin has. Miss Lu is determined to win, and if they raise the price too high, they will lose money if they buy it, and offend Miss Lu and Mr. Nie if they don't buy it.

Seeing that he was silent, the investment manager said, "Boss, Miss bought the Hongji Building at a premium of more than 20%. If the premium for these two buildings is more than 20%, it will far exceed our budget."

After hearing this, Liu gave up the competition.

(End of this chapter)