Let's go here, Sichuan-style barbecue. It tastes good. "
With Chen Yu in tow, Li Jing and Xiao Jun entered a barbecue restaurant called Sichuan-style barbecue.
"Boss, same as usual."
The two of them were probably very familiar with the boss. After entering the restaurant, they just greeted the boss and the boss quickly went to work.
Just as they sat down, Dongzi also arrived.
"Dongzi, so fast?"
"Heh, I'm right here. Of course, it's fast."
"Yes, this is your home. You'll have to treat later."
"Of course, treating is no problem. However, my family is only responsible for developing this place. Most of the shops have been sold."
"This must be Boss Chen of Huanyu Technologies. You really live up to your reputation. Wang Dong, Dong as in winter. Let's get to know each other."
Wang Dong looked at Chen Yu and extended his right hand.
"Chen Yu, Yu as in the universe. I'm not very famous. Today, I came to Boss Wang's place to freeload a barbecue."
Chen Yu shook hands with Wang Dong and introduced himself.
"Yu as in the universe, Xiao Jun, Li Jing. Did you hear that? Boss Chen's introduction is more generous than ours. I think Boss Chen is going to take over the Internet in one fell swoop. By the way, I'm a super hardcore fan of the Legend of Mir. I'm now at level 36. It's too damn hard to level up. I want to ask if you're the one who gave me the billions of experience to level up. "
Wang Dong was a straightforward person. Although it was the first time he met Chen Yu, they had a very pleasant conversation.
"How about I upgrade you to level 40?"
Chen Yu joked.
"That's great. It's settled then. After this barbecue, you upgrade me to level 40. I'll also go into the game to show off."
"No problem."
Chen Yu nodded seriously and agreed.
Of course, no one would take it seriously.
Chen Yu wouldn't raise Wang Dong's level, and Wang Dong wouldn't be so bored as to ask Chen Yu to raise his level.
These were all pleasantries.
Although it was just a polite exchange, Wang Dong and Chen Yu acted as if they were old acquaintances.
This made Li Jing unhappy. He said, "Hey, hey, hey, are you two familiar with each other?"
"Yes, of course. You don't know this, but Boss Chen isn't just involved in online games. He's also involved in real estate. "
"No way. Chen Yu, are you in the real estate business?"
Li Jing was a little confused.
Since when did Chen Yu dabble in real estate? Why didn't he know about it?
"Uh, no."
Chen Yu shook his head. However, he also understood what Wang Dong meant. "Boss Wang might be talking about the second level channel we recently set up for real estate."
"Understood."
With this, Li Jing and Xiao Jun understood what was going on.
Recently, after launching the automobile section, Huanyu Gateway had entered the real estate section.
Wang Dong was in the real estate business, so he naturally had a lot to talk about with Chen Yu.
"Dongzi, it seems that you and Chen Yu can cooperate more."
"Of course."
Wang Dong nodded. "Actually, I was just about to ask Boss Chen to advertise our Wan Hing Property."
"You're in the commercial real estate business, right?"
"We're in the commercial real estate business, but we're mainly in the commercial real estate business."
"If we're in the commercial real estate business, our advertising won't help much. The biggest help is our layout, operation, and philosophy of the whole real estate business."
"It seems that Boss Chen also knows about commercial real estate business?"
"I'm just talking nonsense."
"What nonsense? Boss Chen is too modest. If you can build the real estate section so well, you must have unique research on real estate. Boss Chen, please give me some advice. "
"I don't dare to give you any advice, but as an outsider, I have some suggestions."
"Boss Chen, I'm all ears."
Li Jing and Xiao Jun also looked forward to it.
Chen Yu sorted out his thoughts and said, "Although I'm not familiar with this place, Li Jing and Xiao Jun just took me around here, and I can see that the location is very good. It's already 10 o 'clock at night, but there are still so many people here. "
"The real estate business is the core, and commercial real estate is even more so."
"I agree."
Chen Yu nodded.
Superman Li once said.
What was the core that determined the value of a property?
The location, the location, and the location.
From this, it could be seen how important the location was.
"However, I want to ask, are the stores here self-sustaining or are they all sold to the owners?"
"Some are self-sustaining, but most of them are sold to the owners."
"Self-sustaining is the supermarket on the second floor, right?"
"Yes, commercial real estate is not like other things. In order to attract more people, we must introduce large supermarkets. If we don't self-sustain, it will be difficult to develop this place. "
"Self-sustaining is of course good, but the capital required is also very large."
"Indeed."
Wang Dong nodded. "So it's much more difficult for us to do commercial real estate than residential real estate."
"Then why don't we change the model?"
"What model?"
"If we sell all the stores to the owners, the capital will naturally be recovered much faster."
"That won't work."
Wang Dong was looking forward to what Chen Yu could say.
But as soon as he heard it, Wang Dong shook his head.
Building a website was indeed different from building a real estate business.
If all the stores were sold to the owners, the supermarket on the second floor would not be open.
As for why?
What other reason could there be?
The second floor was so big, with thousands of square meters and hundreds of stores. It was definitely not enough for one store.
If they were to sell, there would be hundreds or thousands of owners.
It was impossible to get hundreds or thousands of owners to agree to combine their stores to build a supermarket.
Every owner had different ideas.
Some wanted to rent more, and some wanted to rent for other businesses. It was impossible to unify.
So for many commercial real estate projects, the development chamber of commerce chose to self-sustain a portion.
"I think we can give it a try."
Chen Yu smiled and said, "Self-sustaining is of course possible, but even the most capable developer can only sustain a portion of the business. What about the other stores? Do we let them operate on their own? "
Speaking of which, Wanxing Square seemed to be very big and popular. But this was only temporary.
The business center moved very quickly.
If it was lively today, it would be lively tomorrow.
Just like the first floor of Wanxing Square.
Although the first floor was also very popular, because there were countless owners, there were all kinds of stores on the first floor.
Not only did this affect the image of the entire business street, but it also disrupted the positioning of the entire business square.
Chen Yu saw someone selling stinky tofu on the first floor just now.
Alright.
Actually, it was fine to sell stinky tofu.
But the store beside the stinky tofu was selling branded men's clothing.
This was a little awkward.
"We can't do anything about it. We can't sustain everything, or else we won't be able to recover the capital. As for what the owners rent to the tenants, we can't control it. "
"I think we can change the model."
Chen Yu said, "For example, you can set up a unified management and unified operation model."
"We have to talk about it one by one. It's not likely to happen."
Wang Dong still shook his head.
He actually had his own difficulties.
But they couldn't force the owners to open a store.
For example, you can't sell stinky tofu.
What can you do if the owner wants to rent stinky tofu to others?
Even the government can't force something like this, let alone them.
"It's a bit difficult now. But what if you sign a unified management and unified operation contract with the owners when you sell?"
"The owners might not agree."
"Why not? If you promise to pay them rent every month and promise that the rent won't be less than a certain amount, you only want the right to use the store and not their property rights, I believe many owners will agree."
"Only the right to use the store and not the property rights?"
Wang Dong's eyes lit up. He understood Chen Yu's meaning.
The owners were the landlords.
What the landlords cared about the most was rent.
But even if you become a landlord, you can't get a satisfactory rent.
It was fine if the location was good.
Some of the locations weren't good, so they had to pray for themselves.
But in fact, only a small part of the commercial real estate had good locations. Most of the locations were average.
If they had the right to use all the stores in their hands, they could operate and manage them in a unified manner.
Just like how the second floor could attract Volma.
It was because of their self-restraint that they could accommodate the size of Volma.
But now, they didn't need self-restraint. They just needed to have the right to use it.
Once they had the right to use it, they could manage and operate it in a unified manner.
Once the management and operations were unified, they would be able to attract stronger brands and more capable tenants to move in.
Once more brands joined, the rent of the entire commercial real estate would naturally rise.
Here, not only could the developers build this commercial center, but they could also profit from the rent price difference. It was unlike before, as long as they sold the store, the store would have nothing to do with the developers.
This kind of one-time business was good, but it didn't have the ability to sustain long-term profits.
"Amazing, Boss Chen, you're really amazing."
Previously, Wang Dong had thought that Chen Yu was a layman.
Unexpectedly, this layman's words had enlightened him of a problem that had troubled him for many years.
However, Wang Dong still had a question. "Director Chen, although the unified management and operation that you mentioned is good, and can indeed attract some property owners, not all of them will approve of it. What if they feel that this doesn't give them a sense of security, and think that we've run away?"
"Of course, such a model won't be accepted by all the owners, but your company can definitely increase their confidence. For example, before the sales start, your company can sign contracts with a series of brands. Just like Walmart, as soon as your commercial center opens, Volma will immediately enter. Volma can do it, and so can other brands … I don't think there's KFC here, right? Why not work with KFC? There's no Watsons here, right? Why not work with Watsons? "
"As long as this series of brands enters the market, the owners will naturally believe in your strength and won't be afraid of you running away."
This answer completely eliminated Wang Dong's doubts.
(End of chapter)
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