Started from Hong Kong Island

Chapter 139 140 [Three Small Buildings in Central]

"Brother Jiaren, since you have a plan and you are not short of money, I can't help you much." Li Wendi politely refused with a calm expression. To Li Wendi, this threat was not important.

In the stock market, the Liu family cannot beat Li Wendi for the time being. In real estate, the current Hong Kong market is not small. It is obviously impossible for the Liu family to encircle and block Li Wendi. The important thing is that Li Wendi does not have any listed companies on hand.

"Wendy, we grew up together. My dad and your dad are brothers who have known each other for a lifetime. The Liu family is also our common enemy." Deng Jiaren continued to play the favor card. "In a place like Hong Kong, we can only go further if we stick together."

Li Wendi didn't care about what Deng Jiaren said, but after thinking about it, it seemed that there was some benefit involved, so he took the opportunity to warn the Liu family, "Don't mess with me."

"How should the profits be distributed?" Li Wendi wanted to get the lion's share of the profits. "Deng Kee Real Estate can use this to hype up its stock price and increase the company's asset value."

Li Wendi meant that since Deng Jiaren had gained so many benefits, more of the profits should be given to him, which was in accordance with the rules.

Hearing this, Deng Jiaren showed hesitation and confusion on his face. It was obvious that he wanted to use Li Wendi as a tool again. Deng Jiaren did not learn any lessons from the previous times and still wanted to win by relying on the power of the Deng family.

"Let's split it equally, half each." Deng Jiaren said with some struggle.

Li Wendi smiled and said, "Okay, but let's make it clear in advance that I will only provide funding and provide advice when necessary. You will take charge of the rest."

He focuses on one investment and doesn't worry about anything else.

“.” Deng Jiaren was stunned. It seemed that the plot was not going to develop like this. Shouldn’t it be about bargaining?

"Wendi, this is our business. We need everyone's contribution to get back at the Liu family." Deng Jiaren looked indignant, as if that was just Li Wendi's enemy.

Li Wendi smiled and said, "I'm quite busy recently, so I'm afraid I can't take care of it. If Jiaren has enough funds, he can do it alone. This way, he can earn more, and I can transfer the funds to other projects."

After a great deal of wrangling between the two, Deng Jiaren agreed to Li Wendi's proposal. Li Wendi would take 2000% of the profits. The two of them would be responsible for the case and raise million yuan in funds (half for each).
"This is the information I got from the Sanqianchi Real Estate Company. Please take a look at it first." Deng Jiaren took out the document from his briefcase.

Li Wendi took a preliminary look. This was a proposal by 3,000-foot Real Estate Company to acquire a property in Central, which was intended to increase the company's asset value and risk resistance, and most importantly, to increase its stock price.

Li Wendi suspected that Liu Zhifei was planning to issue new shares to raise funds to quickly expand the 3,000-square-foot real estate, otherwise he would not have made such a big fuss before recovering.

"The Gongbei Building has a good location. They plan to buy the 2500 square feet property for million. It's really a big deal." Li Wendi said thoughtfully. He didn't expect Liu Zhifei to be so bold and directly set his sights on the small building property in Central.

Gongbei Building is a small commercial building located next to the Hilton Hotel in Central. With the Hilton Hotel covering an area of ​​3.9 square feet, Gongbei Building is naturally inconspicuous and its advantages are often overlooked.

In the previous life, the Cheung Kong Group demolished the Hilton Hotel to build the Cheung Kong Center, and also acquired the Garden Road Car Park and Gongbei Building next to it, so that the citizens of Hong Kong knew about the existence of this building.

After thinking about it, Li Wendi was a little tempted. If he started bidding, it would not be just 2500 million, maybe it would have to reach the upper limit of 3500 million. Even if he got it, he would have to sell it in the first half of next year, and it seemed that he would not make much profit.

"We can pay the first installment of 1500 million yuan, and then use bank loans to pay the rest," Deng Jiaren suggested.

Li Wendi sneered, "Deng's Real Estate Company has acquired the Gongbei Building, so where will my profits come from?"

"As long as the company's stock price rises to 4 yuan, I will immediately announce the issuance of new shares and sell the new shares to you at a low price. You can then cash out from the stock market." Deng Jiaren replied.

Li Wendi shook his head. “What if the stock price doesn’t rise to the ideal price?”

Deng Jiaren's suggestion is of course a huge profit for Dengji Real Estate Company, but for Li Wendi it is just a pie in the sky, like a donkey pulling a cart. Only by working hard can he perhaps get the vegetables in front.

"Even if there is none, I will cash out the funds to you at the market price." Deng Jiaren wanted to stabilize Li Wendi. "Brother Jiaren, I know a little bit about Dengji Real Estate. Dengji Real Estate should not have such a large amount of cash." Li Wendi sneered.

"How about this, if the acquisition of Gongbeihang Building is successful, the rights and interests of the building will be divided equally between each party, and the rent will be used to repay the loan interest. The remaining rent will be borne by Dengji Real Estate Company. How about it?" Li Wendi made a new suggestion.

"Wendy, this is against the rules."

Before Deng Jiaren could finish, Li Wendi interrupted him and said, "Since this is against the rules, you should find another partner."

"There are so many properties in Central. Although my funds are not sufficient, I can still take out a loan to buy a high-quality building. There is no need to cooperate with you."

Seeing that Li Wendi's tone was not right, Deng Jiaren said bluntly that he had to go back and discuss it with Deng Songlian before he could reply.

Li Wendi found it very funny. The person who came to ask for help was unwilling to suffer a loss, but insisted that the person who helped him suffer a loss. What a weird logic. Did he think that Li Wendi owed him a favor from the Deng family for a lifetime?
However, this trip did yield some gains. Although the stock market is booming nowadays, there are few opportunities to make big money. Li Wendi has a large amount of cash in his stock account. If he can buy a small commercial building in Central, it seems to be a good project.

After returning to Xingguang Real Estate Company, Li Wendi immediately summoned Zhang Wentao.

"How's the investigation into Wei Zuhui going?" Li Wendi asked expressionlessly.

Zhang Wentao pondered for a moment and responded, "There is already some clues. We are confirming it now. It will take a few days."

In fact, when the investigation just started, there was no news at the moment, but Zhang Wentao saw that Li Wendi's face was not right, so he slightly processed the result before telling it to him.

"Yes, as soon as possible!" Li Wendi changed the subject and asked, "How is the plan to acquire the Central Properties going?"

"We already have three targets, the Central Gongbei Building, Anqing Building, and Kanghe Building. Their owners are all looking for buyers, and the prices are around 1100-2500 million. Relatively speaking, Gongbei Building has a more advantageous geographical location, but it is also very competitive." Zhang Wentao briefly reported the situation.

"There's no need to compete for the Gongbei Building. Just choose between the Anqing Building and the Kanghe Building." Li Wendi made the decision immediately.

Zhang Wentao looked puzzled. In his impression, his boss was not a timid person. Why did he decisively give up the Gongbei Bank Building?
Seeing his generals so confused, Li Wendi explained, "I plan to cooperate with other companies to acquire Gongbei Building, because Gongbei Building is the most capital-intensive of the three options."

"Tell me about the two buildings."

"Anqing Building is located at 1 Meison Lane, Ice House Street, Central. It is 18 stories high. The first to third floors are shopping malls and shops, and the remaining floors are offices. The owner wants 2100 million."

"The Kanghe Building is located at 15 Caine Road, Central. It is 9 stories high. The first and second floors are shops, and the remaining floors are offices. It only covers an area of ​​1.3 square feet, and the floor area is 9000 square feet. The owner wants 1100 million."

"Anqing Building is closer to Landmark than Kanghe Building, and the land price is much higher, so it has more investment value. However, with the development of Wan Chai area, Kanghe Building's occupancy rate is as high as 95%, and the rent is 5-8 yuan." Zhang Wentao thought for a few seconds and continued, "I think we can take over Kanghe Building. It is less competitive, so we don't need to spend a lot of effort to buy it."

"Who are the people participating in the bidding for Anqing Building?" Li Wendi asked with a slightly grim expression.

All investors want to get the best things. Anqing Building is undoubtedly ranked second among the three, and Kanghe Building is ranked last. Li Wendi naturally does not want to let go of Anqing Building easily.

"Most of them are powerful real estate companies, with a few international speculators."

Li Wendi sighed. Although Xingguang Real Estate Company was quite powerful, there was no need to spend a large amount of money to buy Anqing Building. Once it was purchased at a high price, Xingguang Real Estate would inevitably enter a period of tight working capital, so it could only choose Kanghe Building.

(End of this chapter)