I Want To Be a Rich Man on Hong Kong Island

Chapter 490 [Cooperation with Swire Pacific]

For such a promising industry as the air transport station, now Wu Guangyao can only invest in joint ventures;

It's not that Wu Guangyao doesn't bring Chinese businessmen to play, but that the current Chinese businessmen simply don't have the strength to intervene;

A modern air transport terminal with a total investment of about 80 million Hong Kong dollars;

However, the Chinese tycoons on Hong Kong Island are either fully investing in real estate or shipping at this time. They simply do not have the strength to intervene in this kind of industry with large investment and long return period.

I chose the western restaurant of the Ritz-Carlton Hotel for a party with a group of heads of foreign companies.

I don't know when, when the executives of foreign firms in Hong Kong saw Wu Guangyao, they felt that they paled in comparison;

Of course, it refers to strength and status!

Although the foreign families in Hong Kong are regarded as rich and powerful in Hong Kong Island, they are not considered big families at all in London;

On the contrary, Wu Guangyao has deeper roots in London;

The synthesis is reflected in two aspects:

The first is personal connections. Wu Guangyao has a very good relationship with the London royal family (he even had a relationship with Princess Marge a few times), and he also cooperates with some families and consortia in London (Metro Group, the oil tanker business), and finally Kayla The strong backing that this woman brings to Wu Guangyao (Kayla is not only the richest woman in Europe, but also the boss of a big law firm.)

The second is financial resources. The four major foreign firms on Hong Kong Island, plus HSBC, are not as rich as Wu Guangyao.

It is precisely because of this, out of respect for the strong, as long as Wu Guangyao initiates cooperation, these foreign firms will basically not refuse!

Therefore, when Wu Guangyao said that everyone would cooperate to establish an air terminal, Swire Pacific and Hutchison immediately agreed.

"How do you arrange the shares?" Shiyock first mentioned it, but as for Jardine Matheson, everyone selectively forgot!

"Universal Group is a joint venture company between me and HSBC, so naturally it has to be counted as two shares, so Universal Group has 50%, and your two foreign firms each have 25%; if the Hong Kong government wants Jardine Matheson to join, then Universal Group has 40%, and you two have 25%. How about 20% for each of the three companies!" Wu Guangyao said.

Shiyock immediately shook his head, and said: "You can't say that, after all, Cathay Pacific is one of the airlines on Hong Kong Island, and the air terminal also belongs to the aviation industry, so we need at least 30% of the shares of Swire Pacific to be reasonable. !"

What Wu Guangyao and Shiyock said makes sense.

If both of them are reasonable, then Hutchison will only suffer!

Qi Dezun was dissatisfied with Shiyock's statement, but he did not argue that the air terminal is not the main business of Hutchison;

What's more, in the past two years, Hutchison \u0026 Co. beat Swire \u0026 Co. in the bidding for Kwai Chung No. 7 Container Terminal, so they don't plan to compete in the air freight terminal anymore.

Sanders acted as a peacemaker, and said, "Otherwise, assuming that Jardine Matheson does not join the project of the air transport station, then Universal Group holds 50% of the shares, Swire Matheson 30%, and Hutchison Matheson 20%; Hutchison Matheson joins, Global Group holds 40% of the shares, Swire Matheson holds 30%, Hutchison Matheson 15%, and Jardine Matheson 15%.

Wu Guangyao nodded first, this result is not bad!

After all, in the past, Cathay Pacific monopolized the aviation industry on Hong Kong Island, and only accounted for 30% of the air cargo terminal;

In this life, although Wu Guangyao can be strong, he also needs to consider a lot;

Otherwise, make enemies on all sides, no matter how powerful you are, you will be attacked by groups of enemies!

The matter was almost discussed, and everyone naturally began to drink and chat;

This is the case in shopping malls, even if they are enemies one moment, they can still cooperate at the next moment;

As long as there are benefits, everyone will not mind other things at all.

Wu Guangyao said inadvertently: "The area of ​​Taikoo Dockyard is probably 2.5 million square feet!"

Shiyock's old eyes immediately revived, stared at Wu Guangyao, and said, "Mr. Wu, do you want to buy it? It's not impossible, but I'm afraid you can't afford the price this time!"

At this time, both Sandas and Qi Dezun held their breaths, and today they will not really encounter the largest transaction in the history of world real estate!

Although Hong Kong Island is just a colony, the land price is already one of the top places in the world, and this is only in the 1970s.

Wu Guangyao was still calm, and said relaxedly: "Then just talk about it, maybe we can reach a deal!"

Shi York suddenly felt inferior in front of Wu Guangyao;

The person in front of me is in his twenties, yet he feels such pressure!

Shiyock originally wanted to say that Taikoo Dockyard is not for sale, but in this way, wouldn't it make Sandas and Qi Dezun look down on him, and they dare not even say the price, and it is not a deal!

After thinking about it, Shiyock said a sky-high price: "If Mr. Wu wants to buy it, 1.5 billion Hong Kong dollars is not impossible!"

Shiyock thought to himself that the Taikoo Dockyard has a total of 2.3 million square feet. According to the price of 650 Hong Kong dollars per square foot, Wu Guangyao would never be so stupid; because most of this land, the Hong Kong government will only agree to use it as residential land, and he All were sold as high-end commercial land, and Wu Guangyao would definitely lose money if he really bought it.

The fact is also the same. Wu Guangyao shook his head and said: "Mr. Shiyock will not buy it if he doesn't buy it. Why bother to pay me a sky-high price, the price is 650 Hong Kong dollars per square foot. It is a commercial land, and it has to be in Central and Tsim Sha Tsui. There is such a market. The geographical location on the side of Quarry Bay can’t even compare with Wanchai, Causeway Bay, and North Point!”

At this time, land prices and housing prices on Hong Kong Island are currently as follows:

The price of commercial land in Central District and Tsim Sha Tsui, Kowloon fluctuates greatly;

For example, the piece of land in the Central District reclamation area is only 53,000 square feet, but Wu Guangyao spent 280 million Hong Kong dollars, a total of more than 5,000 Hong Kong dollars per square foot;

For example, the blue chimney in Tsim Sha Tsui (200,000 square feet) was bought by Zheng Yutong in his previous life in 1971 for 130 million Hong Kong dollars, a total of 650 Hong Kong dollars per square foot; It hurt Taikoo Matheson.

For example, the land king on Salisbury Road in Tsim Sha Tsui is priced at 2,000 Hong Kong dollars per square foot, which is much more expensive than the price of Blue Chimney, because this land is very convenient for tourist business.

Others, such as the commercial land in the depths of Queen's Road in Central, and the commercial land in Yau Tsim Mong, Kowloon, are about six to seven hundred Hong Kong dollars per square foot.

Residential land and properties:

The average price of land for high-end residences in Kowloon and Hong Kong Island generally fluctuates around HK$200 per square foot.

High-end residences in Kowloon and the island have already risen to HK$200 to HK$240 per square foot;

In terms of mid-range housing, it is currently around HK$140 to HK$180;

In terms of low-end housing, it is around 120 Hong Kong dollars to 140 Hong Kong dollars.

Shiyock suddenly felt that it was too much, so he had to say: "Our Taikoo foreign firm has just established a real estate company, so Taikoo Dockyard is our real estate development project, so we really don't plan to sell it!"

Wu Guangyao was overjoyed to hear that Swire Pacific entered into the real estate industry, and said, "Your firm lacks experience in real estate. I wonder if they have considered cooperating with Cheung Kong?"

Shiyock did not refuse this time, and said: "When the time comes, we will definitely consider Cheung Kong!"

Wu Guangyao was overjoyed. You must know that the Taikoo Foreign Firm built the Taikoo Dockyard into Taikoo City in the previous life, and it was divided into ten phases of the project;

Because they did not build enough confidence at the beginning, they successively sold part of the land in Saixi Lake and Taikoo Valley in other places to Li Ka-shing and Chen Yanhua of Nanfeng Real Estate;

In particular, Li Ka-shing spent 85 million Hong Kong dollars to purchase the Saixi Lake plot in the North Point Mid-Levels of Swire Pacific. This land is 864,000 square feet; Li Ka-shing only allocated 5.3 square feet of land and built 10 high-end residential buildings, each with 24 floors. , the total building area is 1.3 million square feet; Li Ka-shing made a profit of 60 million Hong Kong dollars based on the 53,000 square feet of land alone; as for the remaining 94% of the land, Li Ka-shing built a large event venue and covered the land. This is how the big landlords of later generations came.

Therefore, Wu Guangyao only repaired the relationship with Taikoo at this time, hoping to grab the opportunity of Superman Li at that time!

Moreover, Taikoo Matheson and Jardine Matheson co-developed four phases of Taikoo Shing's tenth phase project, because Taikoo Matheson has no real estate experience;

So, as long as Cheung Kong has a price advantage, which is better than that offered by Li Ka-shing, and better than that offered by Jardine Matheson, will Swire Matheson take advantage of the benefits and compete with the two airlines?

The answer is no, even Wu Guangyao, as long as there is profit, will choose to cooperate with competitors!

Wu Guangyao said with a smile: "Mr. Shiyock can rest assured that whether it is a joint venture development site or a sale of land, Cheung Kong is willing to negotiate with Swire Pacific with sincerity."

Shiyock nodded. Although the blue chimney sold at a loss, it was indeed very expensive at the price at that time!

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