Reborn Entrepreneurial Giant

Chapter 212 Investing in ProLogis

Returning to Xiangjiang from the United States, Qu Li first saw Zhang Yiwen, whose belly had already grown, and was inexplicably moved in his heart. It's a pity that the world is in turmoil, and the child's mother doesn't have much free time.

"The board of directors of ProLogis was expelled, and the chairman Sima Jinghan was forced to resign, preparing to sell the logistics real estate in the Asia-Pacific region..." Zhang Yiwen said urgently

"Hurry up and take it." Qu Li didn't hesitate. Didn't you know about Prologis in logistics and real estate? This company is legendary.

"We still have a strong competitor, Singapore GIC, and we need a helper."

"who?"

"Huatou!"

"Just get in touch."

"I'm not convincing enough. The global real estate industry is suffering from the subprime mortgage crisis..."

"Then what to do?"

"You help me."

"I, you don't know, how can I have this ability."

"You underestimated your own influence, who can earn 500 million euros in a week."

"You know, it's luck."

Vision Investment is preparing to raise funds, and it must be bragging. If the two cases of shorting crude oil and longing Volkswagen Group stocks are not convincing, it means that investors have evolved.

"You do not understand!"

"Don't understand horses?"

"If you only have Yuanjing and Xiangjiang investment, it doesn't mean much, but you still have Jumei and Glory." Zhang Yiwen continued to explain

Qu Li is not only a financial investor, but also an industrialist with ideals and aspirations. He is going on a rampage in North America, which is naturally a bonus.

"Who should I contact?"

"Wu Hongning is fine, anyway, you are familiar with him."

"Xiangjiang Investment wants Huatou's money or relationship?"

"Sima Jinghan and Mei Zhiming, the two core figures in ProLogis, need to see our strengths other than money. They want to start a business in China, but logistics real estate can't do it without money."

"What about CICC, their CEO should be considered as a help?"

"But we don't know..."

"It all started when we didn't know each other."

"Of course I'm happy if they are willing to cooperate." Zhang Yiwen didn't want to monopolize

Qu Li is now more and more aware of the importance of cooperation. He eats everything alone. That is a typical situation where the situation is not big, and many friends and opportunities will be missed. Although it is said that when the tree falls and the monkeys scatter, no matter how many friends you have when you are in trouble, it is like the ancient bodyguard bureau, it is easy to travel if you have more friends, so there is no need to make your career more difficult.

Qu Li quickly contacted the two of them, they both happened to be free, CICC CEO Zhu Yunlai was in Xiangjiang, and they quickly made an appointment to meet.

"GLP Real Estate?" Zhu Yunlai didn't understand this industry

"The founders of Zhongguo logistics real estate standards have their presence in many important cities, transportation hubs, key ports, and logistics nodes. Acquisition is the best way." Qu Li explained that both Mei Zhiming and Sima are in Xiangjiang, including Singapore GIC.

"so smart?"

"The important thing is that their team is excellent." Zhang Yiwen went on to say

"How do you cooperate?"

"Our plan is to acquire the logistics assets and debts of ProLogis Asia Pacific, and then jointly establish a fund with Sima Jinghan, the chairman of ProLogis, and Mei Zhiming, the actual person in charge of China Women's Company, to manage these assets..."

"Such a good condition?" Zhu Yunlai didn't dare to treat the two of them as idiots, but this condition was surprisingly good. For example, someone bought Hengda Company, inherited its debts, and then handed over the company to Xu Hengda to continue to manage it. But such a condition is exactly what the historical Singapore government investment fund GIC promised, and then achieved a legendary ProLogis.

"Such an opportunity is very rare. We still have a strong competitor, Singapore's GIC. Fortunately, Prologis is short of money this time. Whoever gives the money will have a chance..."

"I agree to this cooperation in principle, but more detailed investigations are still needed."

"We don't have time. They are short of money to pay off their debts. We can finish it within a week. I'll give you three days to do whatever you want." Zhang Yiwen said domineeringly. She had communicated with Sima Jinghan and Mei Zhiming many times, but she had never had the opportunity before. Now's your chance...

"This time we need US$1.3 billion to acquire GLP's logistics assets in China and Japan, and we need to invest more money in the future. We still need to find Huatou..."

If you dare to take the initiative to ask Huatou for money, you must not only have a relationship, but also have a good project. If you really want to deceive the country, Huatou is the bastard of a big firm such as Gongnong Zhongjian. How can you hang around in China after losing money? Of course, let’s not talk about those who have a strong relationship, and Huatou is the one who is cheating.

"As soon as possible..." Zhu Yunlai didn't dare to act impulsively and agreed

"Logistics and real estate resources cannot be faked. GIC is eyeing it. This matter must be done quickly. We will discuss it with Huatou tomorrow, and we will go to Sima and Mei Zhiming to finalize the matter the day after tomorrow. If you are worried, I will let Yuanjing Investment and you Sign a guarantee agreement, and unconditionally take over CICC's share in this investment at the original price."

"The prospect is not cast?"

"Vision focuses on high-tech fields such as TMT, semiconductors, and new energy, and does not invest in real estate." Qu Li took the initiative to set limits on Yuanjing's investment. There is no best of both worlds in this world

"Okay, I voted." With Qu Li guaranteeing the bottom line, things are negotiable. If Honor is going to go public, it will definitely be a big deal.

Why is logistics real estate repeatedly emphasized? Because of its scarcity, good logistics industrial parks are occupied, and Jumei Logistics can only rent others. In addition, Jumei Logistics is asset-heavy. How to reduce financial pressure is of course to learn from ProLogis, package the purchased land into a fund and sell it to private equity, and continue to have management rights.

To put it simply, it is to buy land and increase leverage, scale up, and with mature experience, you can even buy a logistics real estate worth 1 billion with 100 million. It can play a key role in boosting Jumei Logistics, including overseas expansion. Therefore, Jumei Logistics will inevitably invest in the management fund established by Sima Jinghan and Mei Zhiming.

This acquisition of GLP’s logistics real estate worth US$1.3 billion does not require Huatou’s money, but it will be needed in the future, so Wu Hongning just came here to express his opinion. Where did the US$1.3 billion come from? Xiangjiang Investment holds 20,000 crude oil empty orders, and there are 10,000 left. From holding at 140 US dollars to now liquidating at around 50 US dollars, it has made a profit of 900 million US dollars.

Neither CICC nor Huatou had any objections, and Qu Li soon met Mei Zhiming, a key figure in the growth of ProLogis, who knows how powerful he is.

"Thank you for your help. Although Singapore GIC has a similar plan, I am more willing to cooperate with you." Mei Zhiming is Chinese. Although the details need to be improved, the cooperation framework has basically been determined:

Xiangjiang Investment and CICC acquired ProLogis Asia-Pacific Logistics Real Estate at a ratio of 8:2. Mei Zhiming and others established a new GLP after obtaining the GLP brand authorization, and then introduced Xiangjiang Investment, CICC and Jumei Logistics as shareholders.

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