I Want To Be a Rich Man on Hong Kong Island

Chapter 477: [Bright prospects for Wharf! 】

  Chapter 477 [Bright prospects of Wharf! 】

  The flight landed slowly at Kai Tak Airport. Wu Guangyao stepped off the plane and couldn't help but sigh in his heart. It’s not bad to be the "King of Hong Kong Island". Why bother to travel around the world?

  However, Wu Guangyao quickly waved away this idea, "Hong Kong Island King" has the world's top family, and it is a sense of accomplishment!

   "Husband!" Lin Yueru waved to Wu Guangyao from afar.

  Wu Guangyao greeted him with a smile, and hugged Lin Yueru into his arms!

  "Have you waited for a long time!" Unlocking Lin Yueru, Wu Guangyao asked.

  "It's okay! Sitting in the office here for a while, I don't feel it!" Lin Yueru said.

  This is a good way. Island Airlines is its own industry. The airport also has Wu Guangyao’s office, which is much more comfortable than the airport’s VIP lounge.

  While talking, the two got into the car and drove towards home.

  Go home and chat happily with family members;

  As for Wu Xianshuo, who performed well this time, he has returned to the United States and is about to graduate.

  Wharf Group

  Wu Guangyao sat in the original big-class office, flipping through a stack of detailed information about the Wharf Group.

  It has been a week since the Wharf Group was acquired by the Wu family. During this week, Shi Jun and Rong Bensheng led only a few managers into the Wharf Group;

  Their main responsibility is to watch the people of Jardine Matheson, and stabilize Jardine Matheson so as not to cause property damage. Nothing else is done.

  Although Wu Guangyao’s team is sufficient to manage the Wharf Group, everyone will still wait for the return of the ‘king’ and enjoy the fruits of this victory.

  Wu Guangyao looked at the specific information of the Wharf Group in his hand, and felt more and more that he had found a treasure!

  Wharf is a group company, its full name is Wharf Group Co., Ltd. It is the parent company that is listed.

Under the Wharf Group, excluding the affiliated companies that invest in shares, there are three larger subsidiaries, namely Wharf (terminal and warehouse business), Seaport Enterprise Co., Ltd. (Ocean Terminal, Seaport City under construction), Star Ferry (the only means of transportation from Kowloon to the island).

  Wharf has developed from the wharf warehouse from the beginning to the largest cargo port on Hong Kong Island today, with deep-water wharves, open-air cargo yards, and cargo warehouses. It is the proper landlord of Hong Kong.

And most importantly, Wharf’s wharf and warehouse sites in Tsim Sha Tsui, Hong Kong Island, and the New Territories are all prime locations and priceless. The real estate predators in Hong Kong are not to mention eye-catching, but they are scared by the power of the Jardine Consortium. Don't dare to think.

  The Wharf in Tsim Sha Tsui is as high as 11 million square feet and the lease term is 1,000 years. These two data alone are enough to make Wu Guangyao the “big landlord” of Hong Kong Island.

  Of course, although the land of Wharf in Tsim Sha Tsui is as high as 11 million square feet, considering the plot ratio, the commercial area that can be built is about 3 million square feet.

  What kind of concept is this? At present, the planned total area of ​​Harbour City is only 450,000 square feet, which means that there are more than 2 million land for Wu Guangyao to develop commercial buildings.

  It’s no wonder that when acquiring Wharf, Wu Guangyao’s team told themselves that the value of the land in Wharf was more than 4 billion Hong Kong dollars;

  Then Wu Guangyao can't wait to tell these people that these plots will be worth hundreds of billions of Hong Kong dollars in 20 to 30 years.

  Never mind if the land is large, the important thing is that the land rent of Wharf is 1000 years;

  It is important to know that some land on Hong Kong Island is only 50, 70, 99 years old. After these land expires, a fee will be paid every year before the lease can be renewed;

  But the Wharf site in Tsim Sha Tsui, you don’t have to worry about this problem!

  Let’s talk about the business problem again. Under the leadership of the Jardine Consortium, the Wharf Group has already built the Ocean Terminal and the Harbour City under construction (in a year’s time, it is still in the foundation construction stage.);

  However, the operation method of Jardines is quite conservative. For example, the construction period of Harbour City is 10 years;

  Long construction period means high construction cost, so the total construction budget of Harbour City is actually 2 billion Hong Kong dollars, which is simply an exaggeration!

  Moreover, the original Wharf Group insisted on its own capital to build a building concept, only renting but not selling, the return of funds was slow, and the group’s capital chain was tight;

  Even to relieve the burning eyebrows, a large number of debts were issued, which made the debt pile high, the credibility decreased, and the stock value was undervalued for a long time;

  Ocean Terminal, which opened in 1966, has yet to pay off its debts.

  This is because of this, it can be said to be cheaper Wu Guangyao!

  In his previous life, after the shipowner Bao Yu entered the Wharf Group, he immediately made drastic reforms, first of all he took action on Harbour City.

Repair the first built Ocean Terminal, reinstall the Marco Polo Hong Kong Hotel, build a new Ocean Center Tower, and build Gateway Tower, Star City, various office buildings, high-end shopping malls, etc., and make full use of the huge site of Wharf Wharf to build Become the largest shopping mall in Hong Kong;

  It can be said that Harbour City is a representative of a typical commercial complex.

  In future generations, the value of the assets of Harbour City alone will reach hundreds of billions of Hong Kong dollars;

  Excluding the hotel’s annual rental income, it reached more than 10 billion Hong Kong dollars. The total retail sales of all tenants in Harbour City reached more than 50 billion Hong Kong dollars, accounting for more than 7% of the total retail sales of Hong Kong, ranking first in Hong Kong!

  A hen that will lay golden eggs!

After   , the Wharf Group made full use of the land in its hands (the Hong Kong Tram acquired later) to once again create a down-to-earth, more civilian-oriented Times Square. The passenger flow was also full, and the money received was soft.

  One-handed Harbour City, one-handed Times Square, these two Optimus Prime, the Wharf Group firmly sits on the throne of one of the four major real estate giants in Hong Kong.

  History has proved that urban complexes are really the mainstream of the real estate industry development, especially in the densely populated area of ​​Xiangjiang, which is more suitable.

  In this life, the Wharf Group is in the hands of Wu Guangyao. It has the correct path guidance that the previous life has walked. In addition, Wu Guangyao has accumulated 20 years of real estate experience in this life. The achievements of Wharf are definitely not low!

The Star Ferry under the Wharf Group is not bad. It is a well-known and historical cross-sea transportation tool in Hong Kong’s Victoria Harbour. Every day, more than 70,000 people take the Star Ferry to and from Hong Kong Island and the Kowloon Peninsula. It is commonly used by Hong Kong citizens. Transportation is also the voice of an exclusive monopoly, and the tourist transportation business of Victoria Harbour is all eaten by it.

  The Star Ferry is also a means of transportation with a long history that is as famous as the Hong Kong Tram and the Victoria Peak Tram.

  At this time, what is missing from the Wharf Group?

  Naturally, it is the land of the later Times Square. The land of the later Times Square is more than 2 million square feet. It is also located in Causeway Bay, the prosperous business on Hong Kong Island;

  And this piece of land is the main factory of Hong Kong Tram at this time, so Wu Guangyao’s next goal is naturally Hong Kong Tram;

  Of course, the acquisition of Hong Kong Tram is very simple, because there is no strong opponent!

  After reading the information in his hand, Wu Guangyao smiled, and it is time to convene the board of directors!

  During this period of time, the Wharf Group can be said to have a lot of people's hearts, but Wu Guangyao has long ordered Rong Bensheng and Shi Jun to stand still;

  Just remember three kinds of people:

  The first type, people who work hard;

  The second kind, the loyal dogleg of Jardine Matheson;

  The third type, absent-minded, people who are indiscriminately filling their numbers;

  These three kinds of people are those who need to be dealt with after Wu Guangyao takes office;

  The promotion that should be promoted, the expulsion that should be expelled, the transfer that should be transferred, never be merciful.

  In all Wu Guangyao's companies, there is a phenomenon, that is, the reserve of cadres is very sufficient, so Wu Guangyao does not worry about the Wharf at all!

  (End of this chapter)

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