As early as twenty years ago, Hong Kong's economy had achieved rapid development. At that time, housing prices in mainland China also began to rise. Many Hong Kong wealthy people took this opportunity to come to the mainland to purchase real estate and land. Use this to get massive returns. Among all Hong Kong's richest people who came to the mainland, Li Ka-shing is a more typical one.
In the late 1980s, Li Ka-shing had already come to the mainland to buy a large amount of land and then hoarded it in his hands. Almost all of the land he held was in China's first-tier cities, and these lands were located in Busy area. Since 2012, Li Ka-shing has successively sold off mainland industries, with a cumulative cash withdrawal amount of 120 billion yuan, including the famous Century Plaza in Shanghai.
Li Ka-shing made a total profit of 16 billion yuan by selling Shanghai Century Plaza, and this square has 4 subway lines intersecting here. Although Li Ka-shing made hundreds of billions by selling mainland properties, he still made a profit of 16 billion yuan in the mainland. There are still many core properties that have not been sold, including a piece of prime land worth 20 billion in Chongqing. And Li Ka-shing still has some properties in the mainland that he will not sell casually.
As the eldest son of Li Ka-shing, Li Zeju took over the management of the family industry from his father very early, and his business style gradually moved closer to his father. He leased important assets in his hands to other companies. to collect large amounts of rent. As for the non-core industries in Li Zeju's hands, he will find a suitable opportunity to sell them. But Li Ka-shing has a piece of land in Beijing that he will not sell under any circumstances, and that is Beijing Chang'an Street East Plaza.
The total area of ??the East Plaza land reaches 100,000 square meters. It is not easy for even Li Ka-shing to obtain this land, so Li Ka-shing did not hesitate to spend money to get the East Plaza land. After spending a lot of financial and manpower, and using all available connections, the land was finally acquired at a price of 2 billion.
After this land was sold, 1,800 residents were affected by the relocation. In addition to the users, units and companies on both sides of the street also had to move, so the difficulty can be imagined. . Li Ka-shing spent a lot of money on the resettlement fees for these thousands of residents and units alone. But Li Ka-shing knew very well that if he wanted to get this land, it would be worth paying no matter how high the price was.
In fact, if the person who bought the land was not Li Ka-shing but someone else, then this person might not necessarily be able to succeed. No matter how much money he spent, he might not be able to get the land. . But Li Ka-shing is different. His status and influence are among the best in Hong Kong and even the mainland. His ability to obtain the East Plaza land has a lot to do with his high-quality network resources in addition to his wealth.
It took Li Ka-shing only half a year to complete such a large engineering project. After that, he spent 10 years building Beijing Oriental Plaza on this land. The entire building complex consists of 8 office buildings. It consists of 2 apartments and a total construction area of ??800,000 square meters. It is the largest plaza invested by Li Ka-shing in the mainland.
Today, Beijing Oriental Plaza has been in use for more than ten years. The office building of Oriental New World alone can bring Li Ka-shing 1 billion yuan in rental income every year, so Li Ka-shing has already recovered the cost. Therefore, Li Ka-shing's property in Beijing will never be sold. Not only is the entire square expensive to build, but this piece of land is extremely valuable, and ordinary people cannot buy it even if they spend money.