The Pioneer of the Rebirth Era

Vol 2 Chapter 1031: Land auction in Central

Yang Dongxu also looked at it with surprise, although Dade Real Estate was never regarded as a competitor by him. After all, the development of hurricane buildings with huge heritage will not go wrong in the next decade or so, and they will step on the tuyere step by step. There is no reason to be afraid of this rising star.

However, this does not mean that Yang Dongxu is not concerned about Dade Real Estate, and has gathered a part of Hong Kong capital plus his own value, and has regained a thick thigh. Fu Dehai has developed rapidly in recent years.

Dade Real Estate also has tens of billions of net worth, which seems to be developing faster than Hurricane Construction. But this tens of billions of dollars is not a real asset, but 60% of Chaoyu is a liability.

This is the most popular way to borrow chicken and eggs from real estate in China. And this set can be played as long as it is in place, but a lot of money seems easy to get, but it is not so free to use.

After all, banks can generously bring you money, but no bank will like the money it lent out to become a dead debt, or the object of the loan is bankrupt.

Therefore, although Dade Real Estate can continue to take money from the bank to develop itself, but the annual interest repayment is no longer a minority. Therefore, these loans cannot be used indiscriminately, otherwise a broken capital chain may directly collapse.

Therefore, according to the current situation, domestic real estate is on the rise, and Dade Real Estate has its backing. It is also very profitable to use so much money to develop real estate projects in China, and it is very safe. There is no need to venture to Hong Kong.

You should know that Hong Kong real estate seems to have rebounded in recent years, but it has been hovering at the bottom of the valley. It has been 4 years from 1997 to now, and it will continue for a few years. No one can say clearly.

Although many people feel that this is a good time to enter the real estate industry in Hong Kong, they may be able to bargain-hunt for success. But the premise is that you can resist the situation in the next few years, and even for several years, Hong Kong real estate has been half dead. Dade Real Estate apparently has no such anti-risk conditions.

Not only Fudehai's Dade Real Estate, but also the Hong Kong real estate tycoons present, although optimistic about the future real estate market in Hong Kong, it is actually prudent to pay attention to the layout of each step. Keep the risk within the controllable range, even if the real estate in Hong Kong continues to take the opportunity for a few years, it will not affect the overall situation.

But looking at Fu Dehai's confident look, it seems that he really decided to take this auction as the first stop for Daede Real Estate to kill Hong Kong from China.

Yang Dongxu, who frowned slightly, couldn't help but glance at a middle-aged man beside him. At first, he thought this man was Fu Dehai's assistant, or a senior executive of Dade Real Estate, but his identity is obviously not simple now.

You should know that although Fudehai is the majority shareholder of Dade Real Estate, it can affect the company's fate. Obviously, it is not his decision. Therefore, the identity of the middle-aged man is clearly coming. It is obviously the backer behind Fu Dehai. Even if it is not, it is estimated that he has a very close relationship with the backer. He can make some temporary decisions about the company.

When Yang Dongxu was thinking about the identity of a middle-aged man beside Fu Dehai, the auction site began to discuss again. This time it took a long time to discuss.

Before coming to the auction, everyone was actually prepared for a tough battle. Seeing Yang Dongxu also realized that there might be a Cheng Biaojin killed, did not think that the Cheng Biaojin killed was not one, and it seemed that this one was more fierce.

"4.25 billion!" A few moments later, someone bid again and bid for Hong Kong Hang Lung.

As one of the top ten real estate developers in Hong Kong and even the top five, Hang Lung has strong capital. But prices have increased to this point, and even such tycoons have begun to conservatively increase their prices.

Instead of suddenly raising prices like Yang Dongxu's before, a wave of three earthquakes knocked out the peers behind him. People who come to this price and follow the price are obviously determined to have the determination to this place. The effect of sudden price increase is definitely not as good as it was just now, and the risks are extremely great.

"4.3 billion!" The real estate developer on the other side of Taiwan and a foreigner discussed the price and then increased the price.

This price has actually exceeded everyone's expectations. After all, with the current Hong Kong real estate market, although this 150 mu of land is linked to the shantytown renovation, the low price is only 1.8 billion.

Can double to 3.6 billion, in fact, it is already a lot of real estate companies to participate in the auction to finally estimate the price. It should be known that the money is only for the purchase of 150 acres of land, not the budget of the shantytown renovation. So the transformation of large shanty towns still needs more than one billion yuan.

That is to say, at the beginning of this project, everyone's budget required about 5.5 billion yuan, and now the price of 150 acres of land is quarreling at 4.3 billion. Although according to the security agreement signed before, the renovation price of shanty towns will not go up and the ship will rise sharply, but the total investment has already exceeded 6 billion, and it has moved towards 7 billion.

Suddenly more than a billion of total investment than the previous budget, let alone some smaller real estate companies, even some real estate tycoons sitting in the front row are a bit too extreme.

After all, although the valuation of the real estate tycoon on the spot is hundreds of billions of dollars, 7 billion yuan is not too much at first glance. But more than 80% of the company's valuation is fixed assets, not that the company really has so much liquidity.

It is important to know that more than half of the previous 5.5 billion budget still seeks bank loans to supplement the funding gap to facilitate the project after winning the project. At this time, the government also gave certain convenience policies, but now you suddenly need to borrow more than a billion yuan, even if the government gives convenience, no bank would dare to relax this way, right?

Therefore, the real estate tycoons who are preparing to increase prices constantly communicate with the people around them, constantly calculating the data of their own companies and the liquidity on the books, as well as the funds they have borrowed afterwards. Let's roughly estimate whether we can continue to follow the price.

"4.5 billion!" A pair of Yang Dongxu who didn't seem ready to compete just now raised his card again and added 200 million yuan at the outcry.

This is a 200 million increase from 4.3 billion upwards, which is completely different from the price increase at the low price just now. At this price, a lot of real estate fry pans instantly, and play a fart!

Originally they were still thinking in their minds, get tens of millions from here, how to borrow tens of millions from how to fill the hole. As a result, people raised the price by 200 million yuan as soon as they came up, and they had to find several tens of millions from many places to come together and count how to find this? Did you just pull out the money in the door just now?

"This gentleman is worth 4.5 billion, is there any increase in price?" This time the auctioneer was not silent, and this price also caused his heart to be greatly rushed in, so the first few words of the opening are indistinguishable. vibrato.

There was silence in the meeting place. People who had originally discussed each other also did not discuss it. Some of them directly threw the sign in their hands and apparently gave up completely.

"But this is the biggest land auction in Central in the past few years, and the renovation of shanty towns in the next ten years. It is not an exaggeration to say that it is the largest project in Central in the next two decades. Maybe Hong Kong real estate will take advantage of this opportunity , Does any gentleman continue to increase the price?"

Seeing the scene of Shen Jing, the auctioneer was nervous, although he knew that this might be the pinnacle of this auction. No matter how much the opponent pays, the man who raises the price by one hundred million in one shot will show his ambition, which can not be resisted by other real estate developers, but what if the price can be higher?

There was still no response for about ten seconds of silence. The auctioneer forced the shaking of his arm and knocked on the hammer. "For the first time, there is no boss willing to bid for 4.5 billion. This auction is not unprecedented, but it will definitely Be the headline of tomorrow, even the king of the land this year."

But there was still no response, and even some people were ready to get up and left. Being so ravaged by a young man, many big brothers feel a little uncomfortable, too lazy to continue ink here.

"4.5 billion for the second time." The auctioneer dropped the hammer for the second time, this time without his mother-in-law. He also saw that this might be the final price.

But when he fell for the second time to prepare for the third drop to announce the deal.

"4.6 billion!" The merchants in Taiwan raised the price again, and this time the price increase is no longer a temptation of 50 million, but it is up to 100 million to give others the momentum.

But the price momentum was showing, but when the man shouted the price, his voice was a little uncontrollable, and his forehead began to sweat.

However, no one laughed at him at this time, because some people who just bid out had sweat on their foreheads, and everyone can understand the tension and excitement when calling out the price.

The foreigner gave Yang Dongxu a provocative look again.

"4.7 billion!" It wasn't Yang Dongxu who was provoked, but Li Chaoren in the front row.

Compared with the sweating on the forehead of the Taiwanese businessman, the foreigner provoked Yang Dongxu's stiff acting. Li Chaoren looked much more breezy. The elder son who was sitting beside him, was not as calm as his own son at this time, and seemed a little nervous.

"5 billion!" Yang Dongxu raised the card again.

boom.......

Instant fryer on the spot~ www.ltnovel.com~ This time let alone other real estate developers, even Zhao Yu and Wu Aibing, who were sitting next to Yang Dongxu, were shocked.

Before the hurricane building, there was also a budget, and the budget was set at 4.2 billion for the purpose of achieving the goal. It seems to Zhao Yu and others that this is already a sky-high price, but who would have thought that his boss would not play the card according to the routine, and now the outcry price has reached 5 billion, which is 800 million more than the previous sky-high price forecast.

At this time, Zhao Yu began to calculate like other real estate developers. After the hurricane construction, he would have to deduct some money from the project, or the land needed to be handed over to the bank as a mortgage.

Although because the foundation is thick enough, and the debt ratio has always been a strangely low in the real estate industry, it is speechless. In terms of creditworthiness of bank loans, all kinds of green lights are smooth. But Zhao Yu couldn't help being a little dry.

He is also a person who has seen the world, and he thought that when the hurricane building took land in Pudong New Area, it was not only a few thousand acres, but he shouted tens of billions of bids. But those sky-high prices didn't feel the tension and excitement with today's 5 billion bid, and the heart's tumbling face began to rise unnaturally.

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