Becoming a Russian Oligarch After Rebirth -
Chapter 814 - 808: Go Big (Extended - )
Chapter 814: Chapter 808: Go Big (Extended Chapter)
At the lengthy oak dining table, only Wang Ye and his three companions were seated.
Among them, Wang Xueqing kept her lips sealed, playing her role of the "mute."
It was only Wang Ye, Zhang Xiaoxi, and Nalan Yaqi who were talking.
After some small talk, Zhang Xiaoxi steered the conversation to the main topic, as she needed to discuss the future development of the asset management company with Wang Ye without delay.
Getting a chance to see Wang Ye was extremely difficult, and Zhang Xiaoxi was well aware of Wang Ye’s other identity.
What if Wang Ye had to urgently return to Russia tomorrow? Then it would be uncertain when she would have another opportunity to report to him in person.
Therefore, even though they were dining and it wouldn’t be too late to talk after eating, she couldn’t wait.
"Boss, Mansion Garden is nearing completion, so the staff and I have been considering our next steps. After all, with so much cash lying idle on our company’s books, not investing it and just earning the bank’s interest is simply a waste," Zhang Xiaoxi said with a serious expression.
Wang Ye nodded, swallowed the food in his mouth, and then said casually, "Well, let’s hear your thoughts."
Hearing that the two were about to discuss business, Nalan Yaqi prudently closed her mouth. Like Wang Xueqing, she focused on eating her meal to avoid interrupting them.
Zhang Xiaoxi quickly set down her chopsticks and wiped her mouth clean with a napkin before sitting up straight.
As a subordinate reporting to work, one must look the part.
The boss can be casual, but if the subordinates also try to act casual, then they’re missing the mark.
"The company has also recruited a few elite professionals from the real estate industry, and we have had lengthy discussions about the direction of the real estate industry’s development in the country...
In the end, everyone in the company agreed that, given our financial strength, we can completely enter the real estate development industry.
We have two potential directions, one is to develop commodity houses. With the relaxation of national policies, it’s forecasted that for a considerable amount of time in the future, there will be a huge demand for commodity houses.
The other direction is to focus on purely commercial real estate, such as office buildings, large shopping centers, hotels, etc.
In fact, real estate development in some places within the country has been booming for a few years already. It’s just that in the past two years, the global economy has been sluggish, and the overheated speculation in the property market of some cities eventually led to a collapse.
However, in the long run, the company remains optimistic about the development of the domestic real estate industry.
...
Zhang Xiaoxi explained logically.
It was apparent that she had done her homework, having understood and reflected on the development, current state, and future of the domestic real estate industry!
Her optimism about the future of the real estate industry is certainly not unfounded.
In this regard, Wang Ye was clearer than anyone!
...
After Zhang Xiaoxi finished speaking, she looked at Wang Ye full of anticipation.
"Which path do you personally prefer, residential projects or office buildings and shopping centers?" Wang Ye asked with a smile.
Even in running a real estate company, choices must be made; it’s not feasible to develop all types of projects.
It’s not some colossal company with huge capacity.
Zhang Xiaoxi’s asset management company is quite wealthy, with over a billion in cash lying around on the books.
But this amount of money is rather modest for a real estate company...
At most, it counts as a medium-sized company, so it can’t be too greedy and must choose a single category to focus on.
Zhang Xiaoxi must have had an answer in mind, so when Wang Ye asked her, she answered without hesitation, "I believe the company is most suited to do large shopping centers!"
"Oh? Why is that?" Wang Ye asked calmly, wanting to hear Zhang Xiaoxi’s reasoning and rationale behind her choice.
Zhang Xiaoxi paused, took a sip of juice, and gathered her thoughts so she could express her ideas concisely and accurately.
After a brief adjustment, she put down her cup and answered confidently:
"This is based on an assessment of the domestic situation!
These last few years, perhaps because I’m living in the country, I’ve felt the changes more profoundly.
That is, the country has been developing more rapidly, and people have more money in their hands!
Everyone’s incomes have seen substantial increases.
Take my family, for example. Five or six years ago, who would have dared to dream about traveling abroad?
It’s only in these recent years, as my parents’ wages have continuously risen, that our family’s financial situation has improved significantly.
Forget about the big cities, even in my hometown—a small city like ours—in the nineties, no one had ever heard of someone going abroad.
But these past two years, a lot of students have gone to study abroad right after finishing high school, and many families have traveled abroad on vacation.
Clearly, this indicates that people have more disposable income and are willing to spend more.
Therefore, for the domestic retail industry, this will usher in a period of significant boon!
The demand for high-quality and even luxury brands will continue to grow. Where can these items be purchased? Of course, in large shopping centers!
So, I believe that at this time, investing in some large shopping centers, I mean like The Malls at Oriental Plaza, Century Jinyuan—not traditional department stores.
Partner with some big brands, and after making a name, we can continue operations for many years.
Perhaps the annual profit is not so high, but this is a long-term project, a steady stream...
" Zhang Xiaoxi almost misspoke, but luckily she was quick to react and "corrected" herself in time.
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