Novel Palace
Chapter 112
Chapter 112
Chapter 112 A Dead End
Freddie arrived at World Real Estate at the fastest speed.
Entering the lobby of the office building of World Real Estate, I briefly explained the situation to the receptionist.
After being informed by the receptionist, Nathen directly agreed to have a talk with Freddie in his office.
Freddie didn’t expect it to go so smoothly.
He was overjoyed.
From Nathen’s perspective, perhaps the Reynell Group could really take on Glory Edifice.
It is said that the eldest son of the Reynell family, Nathen, had extraordinary vision.
The rapid rise of the Reynell family in recent years was all his doing.
Today, it seems that the reputation is indeed well–deserved.
As long as the Reynell family could take over Glory Edifice, Freddie could barely survive!
As for how to cooperate specifically, that is another matter.
Freddie was willing to either directly purchase or invest funds in cooperation with the Reynell family.
As long as the Reynell family was honest enough.
No matter which way, he could at least get back 10 billion from the
0.001
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Glory Edifice, which cost nearly 20 billion in his hands.
If so, the matter of repaying the bank loan today could be resolved smoothly.
As long as this matter was resolved, Freddie would be able to free himself from this burdensome debt.
Even if one has nothing, at least there is still a chance for a comeback.
It would be even more ideal if the Reynell family were willing to entrust Glory Edifice to him for management through investment cooperation.
In this case, several years later, Freddie would be able to turn the tables on the Glory Edifice project.
Freddie thought about the possible scenarios all the way, and with the guidance of the receptionist, he arrived at Nathen’s office.
Nathen is currently hosting the business of World Real Estate.
Owen was not at the company.
Freddie quickly met Nathen, and Melvin was also here at the time.
They were discussing matters related to the land plot in the southern part of the city.
The Reynell family also held an investment project worth nearly 3 billion in the southern part of the city.
Currently, they are also troubled by this matter.
Based on the current capital size of the Reynell family, outsiders would assume that the Reynell family had abundant funds.
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In fact, the business invested by the Reynell family was too large, to the point that the funds were extremely tight.
Nathen could certainly tell.
If the landmark–style building, Glory Edifice, could be constructed and operated successfully.
The southern plot of land, with the addition of a large amount of capital operation, is likely to be revitalized within three to five years.
So, their investment of 3 billion by the Reynell family would also have brought in nearly tens of billions in returns in a short period of time.
The two of them were discussing whether to sell or continue operating the houses in southern part of the city.
At this time, Freddie found World Real Estate.
After seeing Freddie, Nathen straightforwardly asked, “Did Mr. Strickland come today to talk to me about Glory Edifice? It’s okay, the Reynell family can accept it.”
Freddie, upon hearing the words, was overwhelmed with excitement and didn’t know what to do.
I didn’t expect that, when I was on the verge of despair, I could still find a way out.
“Thank you, Mr. Reynell! Thank you!” Belongs to NôvelDrama.Org - All rights reserved.
Nathen gestured for him to sit down and said indifferently, “Glory Edifice and its surrounding commercial area, I know you have invested nearly 20 billion in the past three years, but given the current situation, whoever is willing to take over this money would be a fool.”
“I took over because I felt sorry for you, considering it as doing you a
favor.”
“Two billion! If you are willing to sell Glory Edifice, we have a deal. If not, then you can leave!”
Freddie immediately stood up.
He never expected that Nathen would offer a price of two billion.
Two hundred million, not even enough to cover the money he used to buy the land back then.
Just the plots around Glory Edifice alone were worth nearly 500 million.
Nathen actually wanted to take away Glory Edifice with just two hundred million, it’s simply a joke.
“Mr. Reynell, your price is way too outrageous. In fact, I invested more than 20 billion in Glory Edifice initially. I’m not asking for more from you, just give me 10 billion and I’ll hand over Glory Edifice and the surrounding commercial street to you.”
Nathen laughed heartily
“Freddie, what were you thinking?”
“Do you think I’m crazy? I still want to sell the 3 billion square meters of land in the southern part of the city in my hands, and now you’re telling me to buy your Glory Edifice for 10 billion.”
“This unfinished building is nothing but a pile of waste in my hands!”
“Alright, two hundred million. If you accept, sign the contract, take the money and leave. If you don’t accept, then you can go back.”
“Whoever took over that place, it would rot in their hands. Without ten
Chapter 112 A Dead End
years of capital occupation, there would be no possibility of improvement at all.”
“The Reynell family was unwilling to invest this money in the southern city plot. I put 10 billion in the Eastern Business District, and within three to five years, it doubled. Why should I take on your risk?”
“Mr. Strickland, it’s not that I want to put you in a difficult position, but I really can’t accept it. If you insist on your idea, then you can leave.”
Freddie shook his head bitterly, “Mr. Reynell, this is indeed too little.”
“I received news that the municipal government is likely to announce the development of the southern part of the city in the near future.”
“Don’t underestimate Glory Edifice, even though it is currently only built to a height of over one hundred meters, it will definitely bring you abundant profits in the future.”
“And, the Reynell family of World Real Estate is well–funded. I believe that if we invest a portion of our capital into Glory Edifice, now, we will definitely be able to earn greater profits in the future.”
“I now only ask for half the price, 10 billion, from you. It’s really not much.”
“Mr. Reynell, you just help me out, even if it means pitying me, by providing this money, you will definitely make a profitable investment in the future.”
Freddie pleaded desperately.
Nathen snorted and said, “If it’s a guaranteed profitable business, why would you sell it to me?”
“Freddie, you were so kind–hearted, watching big money slip away?!”
Chapter 112 A Dead End
Freddie took a step forward and pleaded, “Mr. Reynell, if it weren’t for me having to repay the bank loan today, do you think I would be willing to sell?”
“This is my blood and sweat. Glory Edifice is something I have painstakingly built over the course of three years.”
“Despite the hardships along the way, I still believe that Glory Edifice would have earned significant profits until today.”
“It has been piling up in my hands for over a year now, and I have invested all of my this year’s industries into it as well.”
“I currently owe the bank loan principal and interest of less than one billion dollars. If I am unable to repay, they will seize all of my assets.”
“At that time, not only was my property taken back by them, but also my wife, children, and parents were left homeless.”
“So that’s why I sold it to you at a low price, in order to repay today’s bank loan. Mr. Reynell, even if I beg you, will you agree?”
Freddie was also a figure in the real estate industry in Hallcester.
Pushed to this point, he had no choice but to humbly beg Nathen.
Nathen looked at Freddie’s pitiful appearance and knew that he had reached the edge of the cliff.
“Freddie, stop it! I never mix business with emotions.”
“Do you want me to take over your mess with 10 billion? Let me tell r your mess with 10 billion? Let me tell you, I, Nathen, am not that foolish!”
Freddie continued pleading, “Mr. Reynell, you must have some insider information from the city government. Based on the current economic development and forecasts, the southern plot of land is definitely going
Chapter 112 A Dead End
to be developed.”
“Dimburgh was an economic zone, and if Hallcester wanted to develop, it would inevitably develop the southern part of the city.”
“So, there was definitely a huge business opportunity there.”
“If I had enough money, I would be willing to continue building Glory Edifice, even if it took another three to five years.”
“Mr. Reynell, please, can you consider taking on the 10 billion?
Nathen snorted, “Freddie, can your financial capacity compare to the Reynell family?”
“The municipal government was preparing to vigorously develop the southern area of the city, I didn’t even know about it, would you. know?”
“Don’t deceive me anymore. Do you think I would believe that the municipal government is planning to develop the land in the southern part of the city?”
“I see that you are pitiful. I can give you an additional fifty million, making it two hundred and fifty million. If you are willing to sell, take the money and sign the contract. If you don’t want to sell, then you can leave!”
Freddie pleaded desperately, but still couldn’t get Nathen to buy Glory Edifice for 10 billion dollars. He wasn’t even willing to offer 5 billion, and Freddie knew he had reached his limit.
“Nathen, it was rumored that you were refined and had a unique perspective, and you graduated from the MBA program at a world- renowned university’s business school.”
“But you were so short–sighted. I invested 20 billion, but you only gave
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me two billion. Being a person, you shouldn’t only focus on immediate benefits!”
“Are you trying to teach me a lesson?” Nathen said coldly. “Freddie, get out of here right now!”
“Let me tell you, even if you were cheaper, the Reynell family would never accept that pile of rubbish from Glory Edifice. I’m not that foolish, so just go away!”
Freddie shook his head bitterly and said, “Well, today I truly got to know Mr. Reynell. Only time will tell what lies ahead for us!”
Nathen watched Freddie’s back and sneered, “What a loser! I never cared about your Glory Edifice! The land in the south of the city is just a dead end!”
After leaving the office building of World Real Estate, Freddie let out a long sigh.
Rumors had it that Nathen came from a prestigious school, and moreover, he single–handedly built up and strengthened the Reynell family.
I saw this person today, that’s all!
Did I really reach a dead end today, Freddie?
At this moment, he suddenly remembered the rumors of Nathen’s disagreement with the Huber Group at the Eastern Business District.
If I went to the Huber Group, would they take over my land in the southern part of the city?
***
Eastern District Dévelopment Corporation.
Chapter 112 A Dead End
Jacob, Miranda, and Crystal arrived at the lobby of the corporate building.
I met Robin coming out of the Security Department.
Crystal asked Miranda and Jacob to go to Reginald’s place first to discuss the matter of the southern city plot.
She herself then walked over to Robin.
“Robin, I’m sorry, you were too aware of some internal matters in our family, so I couldn’t accept your kindness at that time.”
Robin shrugged, “I didn’t care. There were three vacancies at the Eastern Business District, and I just did a favor at the time. If you didn’t want it, that’s fine. Why are you coming now?”
Crystal sighed, “Jacob and Miranda, their families were currently facing financial difficulties.”
“They each held in their hands a piece of land in the southern part of the city worth ten billion dollars. Now, this piece of land has become a hot potato.”
“They came over to see if the Huber Group could take on these two plots of land.”
“You said they had the southern land in their hands?” Robin exclaimed in surprise.
Crystal looked at the gleam in Robin’s eyes and nodded, “Yes, Miranda currently needs money, so she wants to cash it out.”
“The piece of land in the south of the city, which was purchased for ten billion dollars back then.”
“They are now willing to sell at half price to the Huber Group, I
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wonder if Ms. Huber is willing to take over?”