Chapter 385: Chapter 374 Buy, Buy, Buy (1) Chapter 385: Chapter 374 Buy, Buy, Buy (1) Lu Jiaxin only continued to short at HSBC and did not buy at the other two banks anymore; she transferred the money out, and now the funds on accounts at the three banks amounted to more than 87 million greenbacks. Coupled with the original 13 million, the total was over a hundred million greenbacks. With such a large sum of money, Lu Jiaxin wouldn’t possibly keep it in the bank.
She called both Tan Gang and He Bin over. Half a month ago, Lu Jiaxin had told them that she wanted to acquire properties, not ordinary residential buildings, but only towers, office buildings and shops, as well as high-end apartnts.
Upon eting Lu Jiaxin, Tan Gang presented her with the property information he had selected. Following Lu Jiaxin’s request, all were pri properties with good location and convenient transportation.
Lu Jiaxin took the information and began to read it carefully. After finishing, she nodded slightly, “Not bad. Talk with these owners; as long as the price is reasonable, you can take them.”
Tan Gang exclaid in shock: “Miss Lu, the total value of these properties is over 460 million. Even if it’s on a mortgage, the down paynt would need 1.4 billion.”
Lu Jiaxin didn’t like being questioned. She looked up at him and said, “I don’t like to repeat myself. This is the first and the last ti.”
Tan Gang’s expression turned serious; he had underestimated his boss’s strength and promptly apologized. Mainly because Lu Jiaxin looked young and she ca from the mainland, and there were rumors that she relied on Nie Zhan. Tan Gang was sowhat influenced by this, but his business capabilities were strong and he was thorough in his work, so Lu Jiaxin was willing to give him a chance.
After Tan Gang finished speaking, He Bin conveyed a piece of news to Lu Jiaxin, “Miss Lu, I got news from an agent friend this morning that the owner of Hongji Building on Ganno Road is interested in selling.”
Lu Jiaxin was exactly looking forward to buying a building, not only for the high rent but also for the potential for appreciation. She sat up straight and asked, “Tell the details about Hongji Building.”
He Bin had done his howork before coming and told Lu Jiaxin all the details he had: “They plan to sell for three billion. If you’re interested, Miss Lu, I’ll talk to them.”
Tan Gang had received the news last night, but he thought Lu Jiaxin didn’t have enough funds to buy a building, so he had not ntioned it. He didn’t expect that his boss had such strong financial power.
After He Bin finished speaking, Tan Gang imdiately added, “Miss Lu, the market price of this building is around 2.4 billion. They’re asking for more than 20% above market price.”
Lu Jiaxin felt she needed to be more cautious in the future; although it would appreciate tens of tis more later, she couldn’t just rush in and be the Big Head: “He Bin, go and talk with them, see how low they can go.”
Tan Gang was very annoyed; because he had misjudged his boss’s strength, he let He Bin gain the upper hand. However, this incident also had a silver lining, which was that the boss herself was wealthy, which ant more quality properties would be acquired in the future.
After being acquired by Lu Jiaxin, Xinxin Real Estate (forrly Longyu Real Estate) not only sold slow-cashback properties like residential buildings but also established many managent regulations, demanding refined managent of the properties they owned. Of course, all these were borrowed from managent experience from the future.
After the two n left, Lu Jiaxin imdiately called Nie Zhan, ntioning her intention to acquire Hongji Building: “I’ve already sent soone to initiate contact. What do you think is a reasonable price to take it down at?”
Nie Zhan was quite surprised, having not expected Lu Jiaxin to buy a building. However, relatively speaking, buying a building was indeed better than residential and high-end apartnts. He asked Lu Jiaxin to wait ten minutes.
Ten minutes later, Nie Zhan called Lu Jiaxin back and said, “The market price of this building is around 2.4 billion. With the property market doing well, the other party definitely wants to sell at a premium. If the premium is within 10%, you can take it, but more than that is not worth it. However, the owner of the building wants a cash transaction, and that’s where you have an advantage.”
After listening to him, Lu Jiaxin understood that there was no problem with the building, “Alright, I have an idea now.”
Nie Zhan said with a smile, “You look too young. If you were to discuss it yourself, they would insist on 3 billion without budging. I’ll make the arrangents; we’ll go together.”
“I’ve already sent He Bin to talk. If they’re interested, you can accompany when the ti cos,” Lu Jiaxin said. For such a big transaction, it was certainly customary to have subordinates initiate contact, and only after both parties confird their intentions would the big boss make an appearance to discuss the price.
“Okay.”
He Bin was very capable; he quickly took care of the preliminary work: “Miss Lu, the owner of Hongji has scheduled a eting with you at 9 a.m. tomorrow at the Hongji Building.”
Having said this, he added, “Miss Lu, apart from us, there are several other parties interested in buying Hongji Building, and they’re in talks with them too.”
Upon hearing this, Lu Jiaxin imdiately called Nie Zhan: “Yes, the owner of Hongji has scheduled a face-to-face eting at the building tomorrow morning at nine. Good, then I’ll return to the villa tonight, and you can pick up from the villa tomorrow morning.”
Hearing the content of the telephone conversation, He Bin knew this acquisition was secured.
Lu Jiaxin then called her teacher to ask for leave. This was the downside of being a student; anything happening ant having to ask the teacher for permission. Although the teacher was understanding, it was still embarrassing to always ask for leave!
Upon hearing her request for leave, the teacher naturally asked why.
Lu Jiaxin didn’t make any excuses and directly stated the reason, “The owner of Hongji Building has set a eting at nine tomorrow; it’s not good to ask him to change the ti.”
The buildings are in demand. If you say you can’t make the agreed ti, then they will just find another buyer. Now it’s the seller’s market, so she had to accommodate.
There was silence on the other end of the phone for over ten seconds before the teacher’s deep voice ca through, “Okay, I’ll give you a day off tomorrow.”
After hanging up, Lu Jiaxin felt sowhat embarrassed, afraid she might have shocked her teacher.
The owner of Hongji Building was not surprised to see Nie Zhan, as everyone knew he doted on his young girlfriend, even spending tens of millions to buy her a garden villa. However, he thought that rumor was likely false.
After greetings were exchanged, they all sat down. The owner of Hongji cut straight to the point: “Miss Lu, Mr. Nie, I only accept cash settlent for this building and it must be paid in full within one week; I do not accept installnt paynts.”
If the other party wanted cash and no loans, then they definitely wouldn’t get three billion.
Nie Zhan said, “If your price is 2.5 billion, we can pay it off in three days.”
Of course, the owner of Hongji could not accept that. Nie Zhan listed all the issues with Hongji Building, indicating that the building wasn’t worth the asking price. The owner of Hongji, on the other hand, argued that the real estate market was hot, stating that the building was sure to appreciate in value, and securing it would an profiting from the purchase.
This was the first ti Lu Jiaxin watched Nie Zhan negotiate, and he was truly relentless step by step.
As the two parties went back and forth, Lu Jiaxin, the buyer, turned into a re spectator. After over an hour of verbal sparring, they finally settled on a price of 2.62 billion, though the owner of Hongji also demanded paynt within three days.
Nie Zhan didn’t speak this ti; he just nodded towards Lu Jiaxin.
Lu Jiaxin was sowhat excited, but she still restrained herself: “Fine, the money will be in your account within three days after the contract is signed.”
The owner of Hongji extended his hand, and while shaking hands with Lu Jiaxin, he said with a smile, “Miss Lu is not one to judge by appearances, everyone has been wrong about you.”
He didn’t believe for a second that the money for the building was Nie Zhan’s because no matter how much one dotes on a girlfriend, they wouldn’t spend 260 million to buy her a building. Hence, the money must have co from the young lady before him.
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