Becoming a Russian Oligarch After Rebirth
Chapter 1335 - 1067 Wedding Set Period_2

Chapter 1335: Chapter 1067 Wedding Set Period_2

That was his father-in-law’s full support, even begging him to take over...

Otherwise, Wang Ye would always say in any situation and in front of anyone that he had no interest in the position at the Kremlin and only wanted to "kill time" at the Duma.

......

After returning from Petersburg, although these past few days were holiday time, Wang Ye did not rest but was busy finishing his pending work.

Even though there were not many public affairs to deal with during these days, one must not forget that he also held chairman positions at so many groups.

As the fiscal year ended, annual reports of various group companies had been submitted, all of which Wang Ye needed to review.

He may not handle everyday tasks, but he had to be aware of each group’s operating and profit situations—after all, they were linked to his own bonuses...

Having reviewed the reports from each group company, everything was normal; each company was developing in the pre-established direction, and most had achieved the operational targets set at the beginning of the previous year.

As for the bonuses, Wang Ye, according to his shareholdings in each company, had received a total of 42 billion US dollars after tax!

In addition, over the course of a year, his positions as "chairman" and "president" had brought him approximately one billion US dollars in salary and bonuses.

One could only say that energy companies really make a lot of money, although on the surface their market value may not seem very high, probably not even comparable to those Internet companies.

But when it comes to earning capabilities, they can absolutely thrash the so-called Internet giants...

Thinking about the upcoming windfall of 43 billion US dollars, Wang Ye furrowed his brows, contemplating how he should spend this money.

For large amounts of funds, one can’t simply leave them in a bank account to gather interest—it would be too wasteful.

Zhang Xiaoxi needed more capital on her end, so Wang Ye planned to "transfer" another 20 billion there; although it wouldn’t completely fill the gap, it would at least ease her pressure significantly.

A few days ago, Zhang Xiaoxi had already begun acquiring several high-end office buildings in the Central district of Xiangjiang, including three buildings in Central Exchange Square and the Center owned by Superman Li, totaling four buildings.

The total transaction amount had reached a staggering 40 billion Hong Kong dollars—if averaged, it was 10 billion per building!

Although these office buildings were not bad, they still hadn’t met Wang Ye’s expectations, which were landmark buildings, the most top-tier ones!

Zhang Xiaoxi was very smart and grasped Wang Ye’s thoughts; thus, she expressed that she would make the utmost effort to meet and talk with Xiangjiang’s major property developers.

A few days ago, news came from Zhang Xiaoxi’s end that she was in touch with Henderson Land Development to discuss the possibility of acquiring Golden Center Phase II.

This building was extraordinary, standing at 415.8 meters, the tallest in Xiangjiang and the sixth-tallest in the world!

Completed in 2003, it has a total of 88 stories above ground and nearly 190,000 square meters of floor area!

It also commands the highest rent in the Xiangjiang market, bar none, and is home to very powerful financial institutions, including the Xiangjiang Monetary Authority.

At first, when Zhang Xiaoxi approached Henderson Land Development, she tentatively asked for a price, and the reply was that Golden Center Phase II was not for sale and not open for discussion...

But Zhang Xiaoxi did not get discouraged nor did she give up because Wang Ye had once told her that there is no such thing as a non-saleable asset in this world—the reason they wouldn’t sell is simply because your offer isn’t high enough!

So she directly submitted an acquisition proposal the second time, proposing to acquire Golden Center Phase II entirely for 50 billion Hong Kong dollars in cash!

The reason for this price was that Zhang Xiaoxi had done her research; after Golden Center Phase II was completed in 2003, Henderson Land Development, as a listed company, had noted in its financial reports that approximately 25 billion Hong Kong dollars had been invested in constructing the building.

Zhang Xiaoxi’s proposed acquisition price was double the cost basis!

She was convinced that facing such a lucrative profit return, any property company would be tempted.

Although Golden Center Phase II is not lacking tenants and long-term holding would indeed bring considerable returns, one has to understand that ample cash flow is vital to any company.

Perhaps Henderson Land Development could make more than 50 billion after holding the Golden Center Phase II for ten or twenty years, but what if they could get 50 billion in cash now and invest it in other projects?

It’s very likely that the profits from new projects would be even higher!

Just as she predicted, faced with her offer, Henderson Land Development finally showed interest and warmly invited Zhang Xiaoxi to the company headquarters for a face-to-face discussion. It was Henderson’s own Boss Li who personally stepped forward.

The details of the negotiation don’t need to be spelled out. In short, Henderson Land Development was still hesitant, on one hand tempted by Zhang Xiaoxi’s offer, and on the other reluctant to sell Golden Center Phase II, after all, this building also serves as a facade and a flagship for Henderson Land Development, originally intended to be held long-term for rental income.

Of course, they never anticipated that someone would come out of the blue with an offer of 50 billion Hong Kong Dollars to acquire the building.

After all, in the whole world, such super buildings rarely encounter buyers, mainly relying on rent to recoup investment.

Although it was somewhat unclear, Zhang Xiaoxi understood what Boss Li wanted to convey: they were open to selling, but they felt that 50 billion was somewhat inadequate.

They wanted more money!

Zhang Xiaoxi almost laughed in irritation, the businessmen in Xiangjiang really are avaricious!

They invested only 25 billion, and now they could take back 50 billion, yet they’re still not content.

However, business is business, and since they hold the power, wanting to make more is not unreasonable.

So, Zhang Xiaoxi called Wang Ye to hear his opinion. After all, this acquisition involved too much money, and she certainly didn’t dare to decide on her own.

After hearing the situation, Wang Ye didn’t hesitate at all and directly said, "Make another offer, 60 billion, but tell them that’s the final offer."

billion, an exaggeratedly high price indeed, especially since it was an additional 10 billion Hong Kong Dollars on top of Zhang Xiaoxi’s last offer of 50 billion!

In normal business negotiations, even if the price is raised, it’s probably by just tens or hundreds of millions, and after a year or two, or even longer of haggling, an increase of 10 billion is unheard of.

Wang Ye was clearly not playing by the usual rules, flaunting his financial strength by directly throwing in an extra 10 billion, just to see if they were tempted!

Of course, Wang Ye wasn’t some foolish son of a landowner, nor was he someone with money burning a hole in his pocket.

It was simply because he knew the worth of the Golden Center Phase II, the building with the highest rent in Xiangjiang, even the highest worldwide—without exception!

Though it’s only the sixth tallest globally, which might not even be in the top ten in a few years, its location is exceptional.

Xiangjiang is a city famous for its exorbitant property and land prices, with financial and commercial sectors highly prosperous, coupled with high population density and limited land, so high-end office buildings are always in short supply.

The Golden Center Phase II, located in Xiangjiang’s prime location on top of Central Metro Station!

The building was quite new, built only in 2003, and there’s no need to talk about the interior facilities and decoration—it’s absolutely top-notch.

So, considering all these factors, in a few years, the rental price per square meter per month for this office building soared to 1,800!

Each year, just from rent, they could collect over ten billion, the highest globally!

In other words, with just this one building, Henderson Land Development’s "livelihood was secure".

That also meant, after a few years, the actual value of the building would be ridiculously high, even according to a 5% investment return rate, with an annual rent of ten billion, the building would be worth two hundred billion Hong Kong Dollars...

Actually, such a valuation is conservative, the real value could be more than 250 billion!

Looking back at the 60 billion acquisition price now offered by Wang Ye, do you still think it’s high?

Of course, aside from Wang Ye, no one else, including Henderson Land Development, could possibly anticipate that in a few years, Xiangjiang’s property market would flourish to such an extent.

After all, in 2006, the Xiangjiang property industry was still in what was called the "cold winter" and most people’s outlook on the future was rather pessimistic...