Charlie said in agreement, "I share the same views as you, and I also came to find you for this matter."
After saying that, Charlie asked her, "How much available capital does Emgrand Group have now?"
Doris hurriedly said, "Our available funds are about thirteen billion dollars at present, but we can still borrow at least forty billion dollars from the bank at any time. The total capital that we have could be summed up to about fifty billion dollars."
Charlie nodded and said again, "I will transfer one hundred billion dollars in cash from the Wade family t o you. I'll also personally inject another fifty billion dollars to make up for two hundred billion dollars in cash. After that, you should use the fastest speed possible to buy up as much good land or any lands with development prospects in Aurous Hill!"
Doris exclaimed, "Young Master, you want to invest two hundred billion dollars at one go?! Don't you think that this will be a little too much?"
Charlie smiled slightly and said, "Since we want to grasp and seize the opportunity, a larger scale will naturally be better. Otherwise, we would not be able to seize the best parts, and we would only be able to gain a little benefit at most."
As he spoke, Charlie then said, "I am going to
gradually turn Aurous Hill into a longevity capital in the future. Aside from the Rejuvenating Pill auction, I also plan to engage in several longevity communities and support high-end commercial services. The threshold for the longevity communities has to be set a t infinitely high levels so that almost every owner will have to be a famous and wealthy person on the Forbes list. By then, as long as they can live in my community, I will be able to give them a certain percentage of the Rejuvenating Pill regularly. For this group of people, one Rejuvenating Pill could be exchanged for a large bucket of water, and if I were to distribute a cup of water to each of them, it would already be sufficient for them to flock over here."
Doris instantly understood the meaning behind Charlie's words, and she hurriedly said, "Young Master, I have a detailed map of all the plots of lands t o be developed in Aurous Hill. You might as well take a look at it and see which plot of lands is of more interest to you."
"Okay!"
Doris then turned on the small interactive screen in the office immediately. After that, she then opened a special map of Aurous Hill. On this map, the city of Aurous Hill was dotted with various green areas of different sizes and rules.
Doris pointed at these green areas on the map and said to Charlie, "Young Master, all the green plots on the map are the plots of lands to be developed and are available for sale. There are relatively few in the urban area, and the area is also relatively small. However, the supply of land is obviously much better from the new development area to the suburbs."
Charlie nodded. After that, he pointed at the several plots of land in the urban area and said, "I will try to take these pieces of land as much as possible where the city center is concerned. You also have to pay attention to the highest possible use of the bank's leverage to maximize the available funds that you have on hand. Both the Wade family and I will inject a total of one hundred and fifty billion dollars in cash, and you should strive to exert at least three times the leverage effect from the bank to cash out four hundred and fifty billion dollars."
Doris said somewhat nervously, "Young Master, if that is the case, our liabilities will exceed three hundred and fifty billion dollars. If we were to factor the bank loans that Emgrand Group originally took in the development projects into account, it would then exceed four hundred billion dollars... The real estate market has not been very prosperous recently, and the policy has also banned real estate speculation repeatedly. Isn't it a little dangerous for us to have such a high debt ratio under such circumstances?"
Charlie laughed and said, "Firstly, for the first point, w e are not doing the development of conventional housing. What we are doing is to build ultra-high premium luxury homes and so, we will not be inflating the prices of ordinary residential housing in Aurous Hill, and we will not be affecting the trend of the ordinary housing market in Aurous Hill." "Secondly, for the second point, I asked you to secure these plots in the city center. In the future, we will use them all for high-end commercial facilities. The Emgrand Hotel that we are currently building will be one of them. When the time comes, we will have to build a top-notch clubhouse that is a few levels higher compared to the Moore family's Glorious Club. It would be the kind of club where people would not be able to get in without spending at least eight to ten million dollars."
"Besides that, we also have to build a high-end shopping mall. We will have to bring in all the top brands such as Chanel, Hermes, Louis Vuitton, and even Lamborghini and Ferrari. If I were to attract all those rich people to Aurous Hill, I would have to make them spend a lot of money like dirt in Aurous Hill, then."
"Finally, for the third point, as long as we can attract those rich people to come over, our project will definitely not lose money but we will even make a big profit!"
Having said that, Charlie then said with great confidence, "What we want to do is create a real estate project with the highest premium in the world.
Moreover, we will not cheat the poor or the average rich people, but we will only take money from the small group of the richest people in the world! We will make them willingly buy assets in Aurous Hill at a premium of ten times or even a hundred times, and w e will make sure that they pay for this willingly!"
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