Traveling through 70's wine

Chapter 290 Land Acquisition



Chapter 290 Land Acquisition

Blue Sky Company has paid very little dividends in recent years. In the past five years, the total dividends were only 5000 million yuan, and Wen Qing only received more than 500 million yuan, which was not enough to pay for the housing prices of Xicheng Lijing and Dongcheng Mansion. So Wen Qing once jokingly said to Xie Yang: "Mr. Xie, you see, the money earned in Blue Sky Company cannot leave Blue Sky Company."

Xie Yang laughed. Indeed, in recent years, several shareholders of theirs had received dividends from the Blue Sky Real Estate Company, but they had also bought houses, which was a huge investment. However, everyone saw that land and housing prices were rising, so on paper, they were all making money.

After finishing her business in Taicang, she returned to Beijing and went to the Blue Sky Company. The company still rented a house in Hengsheng Building, but the Blue Sky Commercial Company had its office in the Tonghui Blue Sky Shopping Center. They planned to move there after the next development of the Longtan site in Xicheng.

When I reported to Xie Yang, Xie Yang smiled and said, "Boss Wen, you finally have time to come to work in the company. You are so comfortable being a hands-off manager. It's a pity for us old workhorses."

Wen Qing smiled and said, "Boss Xie, I am just a small shareholder, and I don't get paid by Blue Sky Company. Now that I have a big tree to lean on, I can also enjoy the shade. You are capable and should do more work, and I will just step aside."

Xie Yang asked: "Does Mr. Wen have time?"

"What do you want, Mr. Xie?"

"I want to discuss the next steps for the company and plan to have a meeting. Can you come?"

"No problem." Xie Yang informed her that the meeting would be held the next morning.

Wen Qing returned to the office and called Liu Honggang, asking him to come over. Wen Qing wanted to know the status of her various assets.

Liu Honggang reported to her the status of her various properties one by one. Some of the 42 houses in Dongcheng Lijing were rented out, and some had changed tenants. The first floor of the office building in Xicheng Lijing was all rented out. The office buildings there are very popular now. The four specialty stores rented to the winery in Beijing and the one shop rented to the Schindler Bicycle Store have all received rent. The rent for the Yulin Lake Courtyard rented to the Weinan Office in Beijing and the warehouse in Yunlin Town rented to the grain company have all been received. The ground floor shop of Xicheng Lijing was rented to a shoe store, and now only one quarter's rent has been received. The two-bedroom house in Xingfu Community has also been rented out; of the two houses in Songjiang, one building is rented to the winery and the other to an investment company of Gangcheng in Songjiang. The contract period is currently within the period and the rent can be received on time.

The shop in Pengcheng was given to Jason Jewelry Processing Factory to open, but the agreement has not been signed yet. He asked Wen Qing what to do?

Also, the shop that Yunnan Nankun City gave to Zhao Yong has an annual rent of only 2000 yuan. Should the price be adjusted?

Only the yard on Wenxing Road is still empty.

After hearing this, Wen Qing thought for a moment and said, "I'll call them first and get back to you later."

Liu Honggang showed Wen Qing the rent passbook, which contained the rent he collected for the first half of this year, a total of 200 million yuan. Wen Qing returned the passbook to him and asked, "Can you handle it now? Do you want to hire a few more people?"

In addition to her own residences in Pingjing, Songjiang and Pengcheng, she now has three courtyards, a villa, five shops, 43 residences, a floor of office building, and a warehouse in Beijing; a shop, an apartment, and a small Western-style building in Songjiang; and a shop each in Pengcheng and Nankun. With so many houses, there is a lot to do, and the tenants have different needs, so management is quite difficult.

Liu Honggang looked at Wen Qing gratefully. He was busy all day and now only had one employee, so he said, "Aunt Wen, you finally thought of it. I want to hire two more people. Do you think it's okay?"

Wen Qing nodded and said, "You go and recruit people first, but I'll make the final decision after I meet them."

Wen Qing asked him again where was the best place to buy a house?

Liu Honggang said, "I heard that the third and fourth ring roads will be built soon. The city will definitely expand. There are fewer and fewer houses in the city center. Scarcity makes things more expensive. You can't go wrong by buying a house in the city center."

Wen Qing nodded and shook her head, saying, "Houses in the city center are definitely good, but they are also expensive and not cost-effective. I think it's better to buy old houses in the third or fourth ring roads. You can look for old courtyards. It's best to buy houses close to the main roads."

Liu Honggang touched his head and asked, "Aunt Wen, what's a suitable price?"

Wen Qing said: "The price of an old house should be 30% to 40% lower than that of a new house."

He added, "I also want to buy a few more houses in the city centers of Pengcheng and Songjiang. You can go and look for them when you have time."

Liu Honggang nodded to show that he understood, and Wen Qing allocated another 100 million yuan to him for use first. The 300 million yuan should be enough for the time being.

The shareholders' meeting of Blue Sky Company is held only once in a long time, and the theme of the meeting is also important matters concerning the future development of the company. For general matters, everyone is responsible for their own duties and they can directly discuss them with Gu Qicheng and Xie Yang.

The meeting was mainly to discuss the issue of the next step in land acquisition. Xie Yang first introduced the land that the company has currently hoarded. Their company now has 300 acres of land in Shijingshan, 200 acres in Xicheng, 100 acres in Dongcheng, 200 acres in Chaoyang, and 500 acres in Sifeng. The plots of land vary in size. There are many newly established real estate development companies and the competition is very fierce. Now they have to consider whether to acquire land in this city or go to other places to acquire land?

Shareholders' reactions were mixed.

Shui Ya hopes to develop several plots of land in Beijing to avoid occupying funds. Ji Feng hopes to get land in Pengcheng as his uncle has served in the Southern Military Region and may be able to get land at a lower price there. Sun Zhengping believes that coastal cities are close to the sea and have beautiful scenery, so he suggests developing sea view properties.

Gu Qicheng and Xie Yang asked Wen Qing for her opinion. Wen Qing said that as a strong real estate development company, they certainly could not be confined to one place. She agreed with Ji Feng and Sun Zhengping's opinions and suggested acquiring land in Songjiang and Pengcheng. In particular, the land price in the eastern part of Songjiang is low. There are plans to build an airport and housing prices will definitely rise in the future. Pengcheng is not large in area now and will expand outward like Beijing in the future. It would be cheaper to acquire land in the suburbs first.

Wen Qing asked Liu Honggang to find out that the land price in the eastern part of Songjiang is only 300 million yuan per mu, and the land price in the coastal area of ​​Pengcheng is only 200 million yuan per mu, which is only one-fourth or one-fifth of that in Beijing. Songjiang is originally a big city comparable to Beijing. After the big leaders left, Pengcheng has developed very rapidly. It is also close to the port city, so the future prospects are promising.

Gu Qicheng listened quietly to Wen Qing's reasons and felt that they were reasonable, so he agreed. Blue Sky Company spent 3 million yuan to acquire land in Songjiang and Pengcheng. Wen Qing wanted to remind them to acquire land in Hangzhou, but she didn't know whether the future father of e-commerce would still start in Hangzhou. However, Hangzhou's development would definitely not be as good as those two cities, so she gave up.

But she thought that even if the company did not go to Hangzhou to acquire land, and did not know the development prospects of e-commerce, West Lake would always be there, and she could buy a house by the West Lake.


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