Chapter 347 The Landlord of 436 Properties!

Ning Chenghu weighed it for a moment and responded: "Okay, I can promise Mr. Su!"

"Mr. Ning, please don't forget about the release of the 'Xiangya Mingdu' property." Su Yu said, handing the property directory file still in his hand back to Ning Chenghu, "I can give you details." The maximum replacement area is given to you, and it depends on how many properties I can look at in this updated catalog file.”

"Okay!" Ning Chenghu said, "Then I wish us smooth cooperation in the future."

As he said that, Ning Chenghu picked up the wine glass with a smile, and as he picked up the wine glass, everyone else at the table also picked up the wine glass in their hands with a smile.

Su Yu responded with a smile, then raised his glass, clinked it with everyone, and took a sip of the wine in the glass.

And at the same moment...

In another high-end hotel in Yuhang, Yang Hao and Su Yuying also invited several important shareholders of the original 'Ancai Paper' Group to discuss supporting them in restarting the board of directors and the group's extraordinary shareholders' meeting, and proposed a private placement of shares in the group. Proposals related to the 'Riverside Land in the Eastern Suburbs of Qianjiang River'.

Yang Hao and Su Yuying also promised that if one day they gain control of the group.

The related businesses of ‘Ancai Paper’ will be retained.

As the negotiations between the parties progressed, on March 6, within Kumho Group, Yang Hao, as an important shareholder of the group, together with Su Yuying and other medium and small shareholders of the group, proposed a new board resolution to the group’s board of directors and held a meeting A new round of extraordinary shareholders' meeting will review important proposals related to the group's strategic development.

The same is true on this day.

Su Yu led the company's legal advisory team to personally visit the headquarters of Pengyuan Real Estate Group. After further negotiations with Ning Chenghu and other important shareholders of Pengyuan Real Estate Group, he signed an agreement on the value of the "Part of the Binjiang Land in the Eastern Suburbs of Qianjiang" , a contract document for asset replacement with the corresponding unsold real estate value of Pengyuan Real Estate’s mature real estate.

The next day, March 7th.

Regarding Su Yu's negotiations with Pengyuan Real Estate and the sale of part of the Qianjiang eastern suburbs' riverside land parcels to Pengyuan Real Estate, and Pengyuan Real Estate's acquisition of the "Qianjiang New City Core Commercial Land", becoming the first to locate in a new development area. News about large real estate developers began to spread rapidly throughout the real estate industry.

"With a price of 648 million, we acquired the 120,000-square-meter "riverland plot in the eastern suburbs of Qianjiang." This price... is really a premium!"

Browsing the news that Pengyuan Real Estate was the first to win the "core commercial land in Qianjiang New City", many real estate company executives in the industry couldn't help but sigh. At the same time, there were constant discussions in related online discussion forums.

"The premium is quite high. It seems that the trend of new cities in the future is blowing."

"It was actually Pengyuan Real Estate who became the first person to take advantage of the development of Qianjiang New City. I really didn't expect... Didn't I hear that Pengyuan Real Estate's internal capital chain was tight and internal financing was not smooth? Why did it suddenly come up with it? Having spent such a large sum of money to purchase land, are you planning ahead?”

"I heard it seems to be an asset swap, not a cash acquisition."

"Asset replacement, is the news confirmed?"

"I'm not sure, I just heard about it, but... in any case, it should be a good thing for the first person to get the most core land in the new city development plan, right?"

"It's definitely a good thing for Pengyuan Real Estate. Didn't you see that the stock price of their listing in Hong Kong City today has skyrocketed?"

"Indeed, it has increased by 12 points, and the market value has returned to 15 billion. Looking at it this way, the market's understanding of this news is very clear. Pengyuan Real Estate is worth it!"

“The one who sells the land is the bull!”

“Indeed, based on the price offered by Pengyuan Real Estate, Mr. Su of ‘Yuhang Investment’ is simply making crazy money!”

"Fortune, opportunity, whatever you can do, I can't envy you."

"Mr. Su of 'Yuhang Investment' is making crazy money. The 'Ancai Paper' Group, which was backdoored by the Kumho Group, is probably going to be mad, right? If the 'Ancai Paper' that held this land at that time could do it again, If we stick to it for more than half a year, I’m afraid we’ll see fundamental changes in our business.”

"Kumho Group is probably angry too, right? This priceless piece of land should belong to them."

"Hey, reality is really magical!"

"Now, half of the area of ​​the 'Qianjiang Eastern Suburbs Riverside Land', which is the core focus of the industry, has been sold to Pengyuan Real Estate. Then who will Mr. Su of 'Yuhang Investment' sell the next half of the area to? ? And how will the buyer value it? ”

"Based on the selling price of Pengyuan Real Estate, the value of the 'entire land parcel in the east suburb of Qianjiang Riverside' should be around 1.35 billion. Now that half of it has been sold, the scarcity of the core land parcel should have become more prominent. This land... I'm afraid... We have to bid higher to increase the value! Of course, the main thing also depends on the views of the government planning the new city development and what new actions it can take.”

"Yes, once the document is official, the public auction of land prices for government-owned plots within the new city development planning area should also be reopened, right?"

"If the land prices of other land parcels in the official public auction are seriously lower than the 'Qianjiang Eastern Suburb Riverside Land Land' held by Mr. Su, then Pengyuan Real Estate should have lost money."

"I estimate that the price of land auctioned by the government will not be low."

"I also feel that even for land parcels and commercial plots in the northern suburbs of Yuhang, the auction prices last year were generally around 3,500 to 4,000, while the urban prices have already been above 5,000."

Many people in the real estate industry are discussing fiercely...

At this moment, the government is also in a heated discussion about Pengyuan Real Estate's first land auction for the new district development.

Of course, everyone's discussion is relatively consistent in direction.

That is, everyone is positive and encouraging of Pengyuan Real Estate's approach.

After all, the direct transaction price of the 'Qianjiang East Suburb Riverside Plot' also affects the land auction situation of the entire 'Qianjiang New City' development area accordingly.

And from the final transaction results, the 'Qianjiang East Suburb Riverside Plot' has a substantial premium.

It is considered to be a good gap for them to host the subsequent 'Qianjiang New City' development zone land auction.

In this way, everyone will naturally affirm and support it.

At the same time, with the government's affirmation and support on this matter, with the reopening of the Qianjiang New City Development Zone land auction on March 15, and with the March 17, Kewan Real Estate won another 100,000 square meter core plot in the Qianjiang New City Development Zone from the government at a land price of 4,500.

The value of the remaining 130,000 square meters of the ‘Qianjiang East Suburb Riverside Plot’ in Su Yu’s hands began to rise further.

In this situation, the number of real estate developers who contacted him and planned to take over the remaining land of the ‘Qianjiang East Suburb Riverside Plot’ in his hands also increased simultaneously.

Faced with the rising land prices in Qianjiang New City Development Zone.

Faced with Pengyuan Real Estate’s preemptive move, it has already occupied the most core plot in Qianjiang New City Development Zone and seized the future opportunities.

Faced with more and more competitors in the same industry competing for the remaining land of the ‘Qianjiang East Suburb Riverside Plot’.

At this moment, all the small and medium shareholders in Jinhu Group, for their own interests and the future of the group, no longer needed the instigation of Yang Hao, Su Yuying and others, and began to strongly counterattack against the group chairman Yang Jincheng who obstructed the group’s premium acquisition of the ‘Qianjiang East Suburb Riverside Plot’, accusing Yang Jincheng of disregarding the interests of the group and only caring about his own interests.

So, in this comprehensive accusation and protest,

On March 19, with the consent of the vast majority of shareholders of Kumho Group, Kumho Group held an interim shareholders' meeting to review the proposal to issue additional shares, issue a total of 754 million yuan of shares according to the current market bidding price of 5,800 yuan, and acquire the remaining land held by Su Yu in the "Qianjiang East Suburb Riverside Plot".

In the relevant proposals of the shareholders' meeting.

Yang Jincheng, chairman of Kumho Group, proposed further capital increase and share expansion.

However, this proposal did not gain the approval of the majority of shareholders and was ultimately not passed, causing his idea of ​​further consolidating his group control and chairmanship through the capital increase and share expansion plan to go bankrupt.

In the end, after many parties' negotiations, the proposal to issue additional shares and acquire the remaining land of the "Qianjiang East Suburb Riverside Plot" was passed at the interim shareholders' meeting and submitted to the China Securities Regulatory Commission for review on the same day.

On the same day...

Su Yu completed the signing of all memorandum agreements with Pengyuan Real Estate, and also completed the online and paper transfer of all real estate in the asset swap, and obtained a total of 436 real estate certificates with a market value of 777 million, including commercial houses and shops, helping Pengyuan Real Estate solve a large part of the inventory of houses.

"What are you doing..."

Watching Su Yu carry a huge black leather bag back home, Li Meng, who had not been to the company for a day because of her poor health, showed great doubt in her eyes: "What did you buy? It looks like a pile of documents. Why did you move this thing home?"

Su Yu smiled and did not explain.

On the floor of the living room, the contents of the two large bags were all poured on the ground.

And until this moment, Li Meng saw what was in the bag that Su Yu brought back. The red real estate certificates on the ground stimulated her nerves and shocked her heart. She was stunned for a while, her whole head was buzzing, her eyes were all red, and she forgot to think.

It was not until half a minute later that she realized what was happening and asked, "How many houses did you buy?"

"The number of online signings is 436," Su Yu said, "Help me count them together, and classify the residential and commercial properties."

"436?" Li Meng was so shocked when she heard this number, "You bought the entire community!"

Su Yu replied, "More than one community, oh, by the way, don't you want to buy a house? You don't have to buy one, just one of these... Just pick whichever one you want."

Li Meng tried to pick up a house title on the ground, opened it and took a look, and was even more shocked: "Xiangya Mingdu, you can actually buy a house in Xiangya Mingdu."

Then, she opened several more house titles in succession.

On the house titles, the properties registered were all houses in well-known and mature real estate projects in Yuhang City, and she actually saw several houses in Xiangya Mingdu in a row.

"Oh my God, Su Yu, how much money did you spend!" Li Meng was shocked beyond words.

"Not much." Su Yu smiled softly, "The price of half a piece of land, according to the market price, is only about 777 million."

"777 million!" Li Meng was stunned, "Are you planning to become a local landlord?"

Su Yu thought about it and felt that being a landlord seemed to be a good idea. Of course, the reason why he accepted the exchange of real estate for land was that he knew that the housing prices in Yuhang City would soar in the next two or three years. This large number of real estates would bring him extremely rich returns in the future.

Moreover, even if he didn't sell them in the future.

With Yuhang's future positioning as a 'new first-tier city', these core real estates would be a very stable cash flow income if they were rented out.

In other words, no matter how he planned, these real estates would make a lot of money in his hands.

"If you think so, that's fine." Su Yu smiled.

While helping him sort out the commercial and residential property rights certificates, Li Meng said, "You are truly a landlord. I have never seen so many properties in my life."

"Now you see it, right?" Su Yu said with a smile, "When I was poor before, I dreamed of buying a house of my own in Yuhang. Now I don't dream anymore, so I naturally spend money in revenge. Anyway, the future of the property market is still quite bright at the moment. With these properties in hand, I can't say I will lose money."

While talking, Su Yu finally found a property transfer certificate that he had noticed in the property list provided by Pengyuan Real Estate. He handed the certificate to Li Meng and said, "Take a look at this house. If you are satisfied, I will give it to you."

"No reward without merit." Li Meng did not reach out to take it, "You should keep it well!"

Su Yu frowned and said, "We are still talking about this. There are so many property certificates, and this one is not bad. It can be regarded as the reward for you cooking and taking care of my life for so long."

After speaking, Su Yu forced the property certificate in his hand into Li Meng's hand.

Li Meng subconsciously opened the property certificate and took a look. She saw that the property certificate recorded a large flat of more than 260 square meters in Xiangya Mingdu, with a market price of more than 5 million yuan. She couldn't help but feel a little hot, and hurriedly said: "Su Yu, this house is considered to be bought from you, and I will pay you the house price in installments gradually, how about it?"

The relationship between the two has not yet been clarified.

At this time, she felt it was inappropriate to accept Su Yu's gift of more than 5 million yuan in real estate. At the same time, she also wanted to be more independent.

Su Yu saw her decisive expression and knew that there were still some concerns between the two.

After thinking for a while, he nodded and said, "Okay, whatever you want to do is fine."

"Thank you!" Li Meng responded, knowing that Su Yu had her in his heart. Holding the house deed in her hand, her ears couldn't help but blush a little, and her heart was a little confused. She couldn't help but change the subject and asked, "You bought so many properties in one go, how do you plan to manage them? Rent them all out?"

Su Yu replied, "The shops must be rented out. As for commercial housing, they must be renovated before leasing. Let me think about this, but... anyway, with so many properties, I have to hire a reliable person to manage them for me. Who do you think is suitable?"

"I can't say for sure." Li Meng said, "You should make the decision yourself!"

Su Yu thought for a while and said, "Then find an agency first, and then... let Yu Ling help me keep an eye on it when she is free, and find something for her to do, so that she can have a legitimate source of income."