Rebirth of the Great Entertainment Empire

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Xu Cun spent 210 million Hong Kong dollars to buy the wasteland in the east of Tseung Kwan O in the southeast of the New Territories.

Xu Cun spent 216 million Hong Kong dollars to buy the Queen's Building and Entertainment Building.

Xu Cun spent 415 million to buy the Shin Kong Theater and the 28-story Kiu Fai Building.

Xu Cun spent 6.5 million Hong Kong dollars to buy the Yau Ma Tei Theater and the adjacent Yau Ma Tei Pumping Station dormitory.

Xu Cun paid 21.5 million Hong Kong dollars for renting the Lee Theater and the Jade Pearl Theater (the rent for the Lee Theater for two years is 18 million Hong Kong dollars, the rent for the Jade Pearl Theater is 3 million Hong Kong dollars for one year, and the rent for the Jade Pearl Theater is 18 million Hong Kong dollars. The owner also asked Huangtu Real Estate for a deposit of 500,000 yuan.).

In total, as of now, Xu Cun has spent a total of 869 million Hong Kong dollars.

Even in addition, the 30 million Hong Kong dollars prepared by Xu Cun for the design team he invited from the United States and Chen Yaoqing.

That Xu Cun spent less than 900 million Hong Kong dollars.

And what Xu Cun prepared for this once-in-a-lifetime opportunity was 2.6 billion Hong Kong dollars.

In other words, Xu Cun still has 1.7 billion Hong Kong dollars in his hands.

How does Xu Cun plan to spend the money? Is it possible to use them to build Xu Cun's film and television empire in the east of Tseung Kwan O?

Of course... No - 1.7 billion Hong Kong dollars is far from enough to build the film and television empire in Xu Cun's heart, and it is impossible for Xu Cun to throw all the 1.7 billion precious cash into that wasteland at this time.

Xu Cun just took 100 million Hong Kong dollars out of the 1.7 billion Hong Kong dollars as a deposit, and asked Chen Yaoqing to find the best design team in the world to help Xu Cun design the blueprint of the empire that Xu Cun wanted.

So what is Xu Cun going to do with the remaining 1.6 billion Hong Kong dollars in his hand?

At the beginning of last year, three consortiums led by Hang Lung won the right to develop properties above nine subway stations along the Hong Kong Island MTR.

Mrs. Thatcher's visit to Beijing opened the prelude to the negotiation between China and Britain on the future of Hong Kong. The Hong Kong real estate market took advantage of the situation and fell sharply. Hang Lung paid a heavy price for misreading the real estate cycle!

Among the properties above the nine subway stations that Hang Lung has won, the Cotton Tree Building on Murray Road in the Central District is nearly completed, and the Xiangshan Building in the second section of Admiralty is being planned.

The newly planned Xiangshan Building covers an area of ​​69,000 square feet, with a total floor area of ​​1,043,000 square feet. According to the requirements of the British Hong Kong government, Hang Lung needs to pay a land premium of 1.82 billion yuan, and it must be completed within 28 days.

Due to the sharp drop in land prices, Hang Lung had no choice but to propose to the British Hong Kong government to reduce the land price to the level of 1.4 billion. Unfortunately, the British Hong Kong government did not agree.

At this critical moment, the Japanese bank that had signed a contract to lend the maximum credit of 1.5 billion yuan to Hang Lung temporarily withdrew its commitment.

Now, after Hang Lung failed to apply again to the British Hong Kong government for an extension of the land premium, it is ready to withdraw from the development of the superstructure of Admiralty Section 2 and postpone the construction of other subway stations.

If this is the case, the consortium headed by Hang Lung will not only "enter Baoshan empty-handed", but also lose 400 million yuan in deposits for no reason, and the blow must be severe.

The location of Admiralty Section 2 is excellent, second only to the "Land King" on the waterfront of Hong Kong Island, which Hongkong Land purchased at a high price of 4.755 billion yuan at the beginning of the year.

In the previous life, after the Sino-British joint statement was signed, the Hong Kong real estate market began to bottom out. The British Hong Kong government took advantage of the situation and launched Admiralty Section 2 for bidding. The result was won by a consortium led by Sino-UK, which developed into Finance Plaza, which later became Benda Center, earning extremely lucrative profits.

Of course, Xu Cun didn't know the details. However, Xu Cun knew that Hang Lung returned to Baoshan empty-handed and had to lose a deposit of 400 million Hong Kong dollars for no reason. Sino had earned more than 10 billion Hong Kong dollars from the Benda Center built in the second section of Admiralty.

According to Xu Cun's original intention, he was going to eat the tens of billions of Hong Kong dollars alone.

But after Xu Cun got in touch with Mr. Chen Zengxi, the chairman of Hang Lung, Xu Cun finally gave up the idea of ​​eating alone.

Hearing that Xu Cun was going to take over the Admiralty Section 2 site, Chen Zengxi asked Xu Cun: "Mr. Xu, do you have three or four years and the corresponding personnel to build Xiangshan Building?"

Xu Cun was really questioned by Chen Zengxi—not to mention the time that Xu Cun did not specify, but to talk about personnel. It would be no problem for Chen Yaoqing, a pure newcomer in the construction industry, to lead someone to build Xu Cun's film and television empire. The tallest buildings in the empire were only a dozen or twenty stories high, but Xu Cun couldn't believe Chen Yaoqing was asked to build the Xiangshan Building with four or fifty floors!

Seeing that Xu Cun seemed to be moved by his own words, Chen Zengxi suppressed the excitement in his heart and said: "Everyone knows that the land in the second section of Admiralty is good, but it takes a long process to turn it into wealth, and it takes If you want to go through this long process smoothly, you must have a team with rich experience, excellent reputation and strong sense of responsibility... If Mr. Xu knows Hang Lung, he should know that Hang Lung has all the above conditions."

After pondering for a while, Xu Cun said: "Then, Mr. Chen, please tell me a feasible plan for the younger generation to listen to."

If this opportunity is not seized, Hang Lung will have to enter Baoshan empty-handed and lose 400 million yuan in deposits, so Chen Zengxi said sincerely: "We have already negotiated with the government. Due to the sharp drop in land prices, we only need If you spend 1.5 billion Hong Kong dollars to pay the land premium, you may get the land in the second section of Admiralty... Mr. Xu, if you spend 1.5 billion Hong Kong dollars to keep the land in the second section of Admiralty, the land will belong to you, Mr. Xu, and we Hang Lung pays for the construction of the Xiangshan Building and is responsible for the construction of the Xiangshan Building. After the completion of the Xiangshan Building, you will take 50% of it.”

It does not operate ahead of schedule, but the construction of Xiangshan Building will cost at least two to three billion Hong Kong dollars. In addition, the three consortiums led by Hang Lung have already invested 400 million Hong Kong dollars. Most importantly, Hang Lung is also responsible for the specific construction. Therefore, the conditions given by Chen Zengxi are quite reasonable.

After thinking for a while, Xu Cun bargained: "I will pay 1.4 billion, and everything else will be done as you said."

Seeing that Xu Cun didn't open his mouth like a lion, Chen Zengxi heaved a sigh of relief!

Although he is usually known for his calculations, Chen Zengxi was extremely happy this time—as soon as Xu Cun finished speaking, Chen Zengxi nodded directly and said, "That's it!"

...

Excluding the 1.4 billion Hong Kong dollars that won the Admiralty Section 2 land, Xu Cun still has 200 million Hong Kong dollars in his hands.

What is Xu Cun going to do with the two hundred million Hong Kong dollars?

of course! Naturally, it is to buy a villa or a luxury house!

With the wrestling of the Iron Maiden, not only the British G tycoons ran away, but also many Chinese G tycoons who had no confidence in the mainland also ran away.

Therefore, villas, especially holiday villas, are so cheap that they are almost equivalent to free gifts—some small holiday villas that are very good in all aspects can even be bought for only 500,000 to 600,000 yuan, or two to three million yuan For a luxury villa of four or five thousand square feet, tens of millions can buy a mansion of ten thousand square feet. For example, the 23,000-square-foot mansion that Xu Cun bought for his daughters in Repulse Bay is now worth at most thirty million. Hong Kong dollars.

Xu Cun has a lot of wives and children, of course he has to prepare more places to live for his wives and children!

Therefore, after more than a month of selection, Xu Cun bought more than 140 villas and villas in Mid-Levels, Waterloo Hill, Repulse Bay Road, Lantau Island and other places in the name of Huangtu Land for more than 200 million Hong Kong dollars. mansion.

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