MTL - Rebirth 1983: Starting From Taking Back the Family Property-Chapter 359 Acquisition of Longyu Real Estate (1)
Chapter 359 Acquisition of Longyu Real Estate (1)
Nie Zhan bought a lot of red lanterns. After making glutinous rice balls, he and Gu Haifan hung up the lanterns.
Gu Xiuxiu said lovingly: "Jiaxin, Nie Zhan is a good man, you have to take good care of him."
Lu Jiaxin playfully expressed that she was also very good: "Auntie, what you said is contrary to what I said. You should want him to cherish me, after all, he is so much older than me."
Gu Xiuxiu laughed: "It's better for men to be older than women, and they know how to care for others. The master loved me very much back then and allowed me to live a good life for so many years."
Lu Jiaxin smiled and changed the subject.
After dinner, Nie Zhan took Gu Haifan to light all the lanterns, and then left with Lu Jiaxin. After spending the entire day looking after the house, the two of us have to spend some alone time together.
The two of them went to Zhonghuan Street. Because it was the Lantern Festival, there were lanterns and colorful lights everywhere and it was very lively. The two of them walked around and chatted until around eleven o'clock before they left and went back to their respective homes.
School has started, and Lu Jiaxin is busy again. However, this semester's courses have been completed and it is much easier than last year.
When He Bin returned to the apartment after school on Wednesday, as soon as he saw her, he reported to Lu Jiaxin what he had learned about Long Yu.
Longyu Real Estate has higher profits than other real estate companies because its office buildings and high-end apartments account for a high proportion, while shops and residential buildings have a relatively low proportion. As the mainland reopens, many foreign companies have settled in Hong Kong cities. Not only has the vacancy rate of office buildings decreased, rents have also increased, and high-end apartments are also in short supply.
Lu Jiaxin read all the information of the four real estate companies that He Bin had given him before. She looked at it very carefully, but compared with Long Yu, it was much worse.
He Bin said: "Boss, the real estate business is booming again. The high-quality assets of Longyu will definitely appreciate in value. If you want to successfully acquire them, you will probably pay a premium."
This was what Lu Jiaxin expected. She nodded and said, "I'll think about it."
Turning around, she called Su Heyuan and told him: "I learned about Longyu Company. It's very good. I want to acquire it. Brother Su, please help me ask your friend how much the owner is willing to sell?" "
Su Heyuan smiled and agreed, and then talked about the green dollar/yen exchange rate: "Jiaxin, it has fallen a lot again, I am ready to close the position."
Lu Jiaxin said with a smile: "You can close the position now. But according to my speculation, the exchange rate is unlikely to rise this year. If you want to make some pocket money, you can continue to buy."
“Will the Japanese yen keep appreciating?”
Hearing his surprised tone, Lu Jiaxin secretly thought that it was because she knew the trend of the Japanese currency in her previous life, otherwise it would be difficult to believe it: "This is just my speculation. The specific situation depends on the market."
“Then did you buy it?”
Now, there is no need to hide this. Lu Jiaxin said: "I bought it, ten times the leverage. I think it will continue to fall, and I plan to close the position after some time."
Su Heyuan was envious: "Didn't you make more than three times the profit? How much capital did you have? When did you buy it?"
Lu Jiaxin said vaguely: "Thirty million green coins, bought in October."
The capital is 30 million, the exchange rate has dropped by more than 20% since October, and the leverage is 10 times, that is, more than 60 million green coins have been earned. Just thinking about what Lu Jiaxin was doing during this period, he suddenly felt something was wrong: "Your money is all in your foreign exchange account, how can you get so much money to buy villas and acquire companies?"
Lu Jiaxin felt that there were too many mistakes: "When did I say that all the money was in the foreign exchange account? Also, the down payment for my villa is 30%, and the rest is a loan. To acquire Longyu Real Estate, I am also prepared to pay 30% of the down payment, and the remaining of loans.”
Su Heyuan frowned and said: "The property of Longyu Real Estate is worth 1.3 billion, excluding liabilities. The net assets are about 80 million and up. Your down payment of 30% is equivalent to a loan of more than 50 million, and you have no company or collateral." , the bank will not lend you that much money.”
Lu Jiaxin added: "Longyu Real Estate cannot get the 80 million yuan, and it is estimated that there will be a premium of 10% to 20%, but even if the premium is 20%, it is still worth it."
"If the bank doesn't lend you money, your company won't be able to get it, unless you go to Wansheng Bank. It's just that the Nie family thinks you are from the mainland, so they want you to borrow money from Wansheng Bank. Really? Once you have money, they will be more prejudiced against you.”
Lu Jiaxin said that she would not go to Wansheng Bank for a loan: “Don’t worry about me about the loan, I have a way to handle it.”
Not to mention that she still has a lot of money in the foreign exchange market, but she still has more than 10 million green coins in her account, so HSBC will give her a loan. She also knew that the real estate market was getting better, so she planned to purchase a large number of high-quality properties after acquiring the real estate company.
Seeing her firm tone, how could Su Heyuan not understand that she still had money in her hand: "Okay, I'll call him now and ask him to have dinner with her tonight."
At eleven o'clock in the evening, Su Heyuan called Lu Jiaxin. The call was answered quickly, but it was not Lu Jiaxin who answered the phone.
Gu Wenfeng said: "Boss Su, my boss went to bed half an hour ago. If you have anything to tell me, I will tell her tomorrow morning."
She was already asleep and would not wake her up unless it was urgent.
Su Heyuan also trusted him and said, "Tell Jiaxin that the net assets of Longyu Real Estate are about 76 million, and the boss is offering a price of 100 million. Tell her when she wakes up tomorrow."
"OK."
When Lu Jiaxin woke up the next morning and found out about this, she called Su Heyuanhui back. When she heard the other party's slurred speech, she knew she had just woken up: "Brother Su, this price is no problem."
As soon as Su Heyuan heard this, he said: "Don't worry, let's talk to Longyu Real Estate first. It should be OK to lower the price to three to five million."
Lu Jiaxin said with a smile: "Brother Su, real estate is booming now. The office buildings and shops have increased a lot compared to the same period last year. It would be great if the other party is willing to lower the price a little. It doesn't matter if the boss is not willing. I will send someone to talk to the boss tomorrow to confirm that the other party If you want to sell it, come with me to sign the contract."
Only after signing the intended acquisition contract can she send lawyers and auditors to Longyu. For example, the business of a real estate company is relatively simple and the review is quick and easy.
Su Heyuan said as soon as he heard this: "Send someone, I'll talk to you. This business worth hundreds of millions is no joke. Let others go, don't worry, I'm still scared!"
Lu Jiaxin is not worried that He Bin will cheat her. If she dares to commit fraud in such a matter, she can go to court directly. A cautious person like He Bin would not do such a self-destructive thing. But it would be better if Su Heyuan was willing to help him negotiate. After all, his friend is a relative of the boss, and it might be cheaper to have such a person to talk to.
“Brother Su, I’m sorry to trouble you.”
Su Heyuan said with a smile: "We are all one family, why are we so far away from home? You, just wait for my good news!"
“Then I’ll wait.”
