Siheyuan: My wife is Wen Li

Chapter 259 Accident
A Rolls-Royce, one at the front and one at the front, three cars came to the auction site.

The bodyguard got out of the car and opened the door. He Yuzhu and Lou Xiao'e got out of the car, and then walked into the auction venue side by side.

He Yuzhu came here to see it, and he would also provide funds when necessary. After all, US$7 million converted into Hong Kong dollars was only over [-] million, and funds from Baiwei Group were needed.

Just by participating in the auction, the land price will not be low. For example, the Bank of China Building on Hong Kong Island was originally purchased for HK$11 billion, and the construction cost was within 10 billion.

But it was a 70-story building, and He Yuzhu would definitely not have built it that high. However, the Bank of China Tower was a product of the 90s, and it is now 2002, so its value must not be low.

After Lou Xiao'e entered the venue, she greeted some people, introduced He Yuzhu, and also introduced the people attending and the company behind them to He Yuzhu.

Cheung Kong, Sun Hung Kai, Henderson, etc. are all among the top real estate groups.

He Yuzhu also knows that although these people are Hong Kong wealthy families, most of their real business is real estate.

He Yuzhu looked down upon them. Even when he was rich, he would not develop some industries, but only some huge profit industries, and he did not know how to give back to the society.

After the two sat down, they discussed the land they were looking for, which was located in Wan Chai District.

I am not in the financial industry, so there is no need to go to Central or Western District. Wan Chai District is also good.

And I don’t use it much myself, I mainly rent it out. In Hong Kong Island, I don’t have to worry about tenants. Companies are born or go bankrupt every day. This is an extremely common phenomenon in Hong Kong Island.

They come and go, but those standing buildings always exist.

In addition, the specific number of floors to build was also the focus of discussion between the two. There was no shortage of money, but He Yuzhu was reluctant to build too high. On the one hand, it was a price issue, and on the other hand, it was a time issue.

If you think long-term, there is also the issue of future reconstruction. The higher the building, the higher the future reconstruction costs.

In cities, just one demolition is a huge problem!

But it cannot be like the headquarters in the Mainland, which is a 22-story building on the ground, because it needs to be low-key.

Lou Xiao'e wants to build a building with more than [-] floors, and He Yuzhu thinks it should be kept below [-] floors, but in the end it still depends on the designer's ability.

There is also the issue of parking lots. Parking on Hong Kong Island will also be a problem in the future, so they also need to take this into consideration.

The auction started soon, starting with the land with the smallest value. He Yuzhu also observed it to see what the differences were in the auctions on Hong Kong Island and what strategies there were.

He watched with great interest, while Lou Xiaoe calculated the possible competitors. She knew a lot about the group companies in Hong Kong Island, which companies were participating in the competition for the land, and which companies were not yet involved.

These real estate companies usually only purchase a piece of land. It's not that they don't want to buy too much, but if a company participates in competition for multiple pieces of land, it can easily lead to attacks from other companies.

When the time comes to raise the price with you, it will cost a lot of money, and after purchasing the land, it needs to be developed, which also requires funds.

The development of these large companies is planned, and each project requires time, so that funds can be easily withdrawn.

Finally, we arrived at the land in Wan Chai. The starting price was HK$6000 million. Yes, the increase must be no less than HK$1000 million. Lou Xiaoe directly called for the price.

The two had discussed it before, and the first bid directly stated the purpose of the Baiwei Group. They were not a real estate company, so they did not have much competition for interests with those real estate companies.In this way, under normal circumstances, there will not be any group companies that will fight with them.

Before the auction started, Lou Xiaoe had already communicated with some people and stated that Baiwei Group was going to build the headquarters of the Hong Kong Island branch.

Many things will be determined before the auction, so everyone has a tacit understanding and a real fight to the death rarely occurs.

However, the situation where no one competes for it will generally not happen.

Sure enough, other people started to increase their bids, but Lou Xiaoe did not bid again, but waited.

When the price reached 5000 million, she directly increased the price to [-] billion.

This piece of land covers an area of ​​12000 square meters, but it is nearly [-] square meters larger than the Bank of China Building. However, the location is very different, but the time difference is more than ten years.

The estimated cost is around 15 billion, and one billion is definitely not the end point, but Lou Xiaoe's direct increase in price by 5000 million instantly made others hesitate.

Then someone else made a bid, increasing the price by 1000 million. Lou Xiaoe called again and got 11 billion.

Such a ferocious price increase has decisively caused some people to give up. If they don't have much strength, they will easily be unlucky if they continue like this.

Baiwei Group is not well-known in Hong Kong Island. After all, this is just a branch. However, the Lou family is well-known in Hong Kong Island. However, these businessmen are all well-rounded people, and some people will know about it.

At the same time, they also invested in the mainland. The mainland's Baiwei Group can be said to be a household name. It started as a restaurant in Sijiucheng and developed into a large group in a short period of time.

The subsidiary company under its name, Sichuan Flavor Hotpot, has opened all over the country, and Master He Food is even more famous. In addition, it has established a grassland dairy industry, set up many factories on the grassland, and signed a large number of agreements with herdsmen. contract of purchase.

These things are no secret. What is famous in the mainland is not that Baiwei Group is powerful, but that Baiwei Group is rich.

It is unimaginable to set up a warehousing and logistics company, roll it out across the country at the same time, and suddenly become a large company. How much money does this group have?

The auctioneer was a little anxious because the price was lower than expected. There was a silence at the scene. He shouted loudly, but he still needed to count down.

After all, the people present were all celebrities, and there was no way he was wasting his time just because of the price.

It was an accident. It was originally expected to be 15 billion, but ended up taking 11 billion. When the wooden hammer fell, He Yuzhu was also slightly surprised.

Lou Xiao'e whispered: "They gave me face today, probably because they are looking at you."

"Not necessarily, they can't figure out our details, right?" He Yuzhu disagreed. "Don't try to trick us into doing favors casually. I don't think they can figure out the strength of Baiwei Group."

"After all, we are huge in the mainland. To be honest, their assets are not as good as yours and mine."

Lou Xiao'e smiled, it was true. Even though she only had 30.00% of the shares, she still got [-]% management dividend every year.

(End of this chapter)