I visited Hannam The Hill on Sunday.
The interior work has been finished a lot. It was like a new apartment.
However, the construction was not completed completely, but it was still noisy.
We are scrutinizing the completed parts, and real estate agent Lee Won-kyu came.
"Oh? The boss is here.”
"What's the occasion? Sunday."
"I came out curious. The interior designer is the one I introduced, but I'm here to see if he's doing well."
I was thankful that Lee Won-gyu came out on Sunday.
"Assistant Manager Kim Hyung-sook told me that there is a contract for Banpo apartment today..."
"I've already met with Assistant Manager Kim Hyung-sook at Banpo's office to deal with the matter and come here. We need to see the progress of the interior. I didn't even eat lunch and came running."
"Let's have lunch with me.”
"Have you eaten yet? It's past 1 o'clock.”
"Yes, I eat breakfast late on Sundays. Then Assistant Manager Kim Hyung-sook must have signed an apartment contract."
"Yes, I made two contracts and Kim said he was going to his brother's house in Uiwang City."
I left Hannam The Hill with Lee Won-kyu.
"Shall we walk towards Soonchunhyang Hospital? There's a lot of restaurants there."
"Why don't you go somewhere close? There's a Japanese restaurant called Scyame next to the Hannam Richensia apartment right next to you."
Old daddies like fish.
I followed Mr. Lee Won-kyu.
"Mr. President, you like sushi, don'”
What I like is pork belly, but I couldn't say no when I came all the way here.
"I like it."
Lee Won-kyu ordered sushi.
Lee Won-kyu said while eating sushi in ecstasy.
"What do you do? White-fleshed fish! It's thick, so it's sticky and has a good texture."
"Yes, it's delicious."
"This is a Hiramego requirement error. What's over here is defense."
I thought this person was very luxurious when he lived in a 20-pyeong apartment in Guro-dong.
The taste was fine as it was.
"You seem to come here often, don't you?
"Well, it's too expensive to come. Today, I'm going to have a special meal with my boss."
Lee Won-kyu also explained sushi.
I thought this person might have seen the king of sushi in Japanese comics.
Change the subject.
"You'll be able to fill all 50 apartment contracts by next month, right?”
"Yes, we've already signed 36 units, so we'll be signing the remaining 14 soon. There are people who want to buy ahead of time, but that's okay."
"If interest rates are raised, it will be hard for apartments to go up any further, right?”
"The U.S. does not know, but it is not easy for our country to raise interest Would you raise it recklessly in a country with a lot of household debt?"
"Yes, but..."
"You'll see. The polarization of real estate will intensify now. It only goes up where it goes up. It's just Gangnam.”
"Shall we?"
"The owners of real estate agents are envious of Mr. Choi. They say that Choi is the only one who can laugh loud in a few years because he's aggressive when it's cold."
I said with a grin.
"It's not all my money to buy 50 houses. Customers' money."
"But if customers make a lot of money, they'll earn a lot of commission, right?
"Are you familiar with the president of Hannam The Hill Real Estate Office?"
"Two years ago, I introduced you to a building."
"Building?"
"If the celebrities living here gain some popularity, I'd like to buy a building. So I introduced you to a small building in Daechi-dong."
"I see."
"The celebrity bought the building and rented it to a hagwon, and the rent is very high."
"How many people are coming in?”
"The monthly rent is 25 million won, and 10 million won goes to interest and 15 million won goes down. It won't hurt to make a living even if it's not popular.”
"Entertainers buy buildings in case they lose popularity."
"Real celebrities have to buy buildings when they make money. Popularity is not eternal, is it? How many people will be kicked out of the movie after 10 years of pretty and popular actors?”
I said, dipping fish sushi in soy sauce with wasabi.
"Don't you carry a 100 billion or 200 billion won building in downtown?"
"Oh, no, no, no, no, no, no, no, no, no, no, no, no. How do you buy that? Over 100 billion won worth of buildings will be bought by chaebol or institutions."
"Is that so?"
"But I've heard that asset managers sometimes buy big buildings in the city these days... ...by any chance?"
Then Lee Won-kyu opened his eyes wide and stared at me with a startling look.
"No, I'm not saying I buy such a building. JS Invest is not a REITs fund that focuses on real estate. I don't even have the ability to buy that building."
"The word of humility..."
"I'm just asking because there are many celebrities living in Hannam The Hill. I'd like to know how much rent buildings these days are paid for rent.”
"The average monthly rent for Seoul is 75,000 won. The central business district in the city is 89,000 won."
"Is that the case with college?"
"University costs 74,000 won."
"Is the city's central business district 8.9 million won for 89,000 won per pyeong?"
"Yes, I did. A 16-story building came out near Gangnam Station in Seoul recently, and it was 3,400 pyeong in total floor space. It was at 110 billion."
I thought the land would be about 200 to 250 pyeong if it was a 16th floor with 3,400 pyeong per annum.
The building costs a lot of money, but the monthly income is a little more than the interest of the bank.
However, if interest rates were as cheap as they were in the U.S., it was thought that U.S. REITs fund companies would be interested in buying Korean buildings.
"Mr. President, I have friends who specialize in buildings, so should I ask them to see if they have any good stuff?”
"No, I really don't have the money to invest in buildings."
"Some say that the vacancy rate of officetels in Teheran-ro, Gangnam is high, so it would be better to watch the economic trend."
When I ate sushi without any more words, Lee Won-kyu asked again.
"But are you really going to buy only 50 apartments and increase them any more? Would you like to raise the finance and buy more?"
"The funds we manage are all customer money. The customer doesn't want to, but I can't move."
A shadow passed over Mr. Lee Won-kyu's face for a moment at my words.
If he did not increase the number of houses by more than 50, he would no longer have real estate to introduce, eliminating brokerage fees.
"If we get a loan, we'll be able to make gap investments."
"I'll do up to 50."
"If you're interested in buying a building later, please feel free to contact us. I'll do all the errands for you."
"Thank you."
Only then did Lee Won-kyu open his face and began eating the last remaining egg roll with sushi in his mouth.
In the evening, I saw an article on the Internet news that Haman of the United States approved the merger plan at a shareholders' meeting.
"The stock price related to Samsung is going to fluctuate on Monday.
I looked closely at the article.
Harman, a global battlefield company, held an extraordinary shareholders' meeting in Stamford City on the 17th local time to pass a merger plan with Samsung Electronics.
About 70 percent of shareholders with the right to vote for common stockholders and their representatives participated in the vote, of which 67 percent voted in favor of the bill. This marks another leap forward for Samsung Electronics.]
The article was generally evaluated as the achievement of Vice Chairman Lee Jae-yong, who was arrested.
"I heard that the acquisition price is 8 billion dollars, so how much is it in Korean money? Over 8 trillion won!"
A real big deal was a big deal.
Some Internet articles commented that if the merger is completed successfully, it would be the largest merger and acquisition by Samsung Electronics.
It was Monday morning.
Jang and Song went on a business trip to Vietnam and were not present, but I had coffee time.
Because today might be an important day.
First, deputy manager Choi Yu-na talked about Harman's shareholders' meeting.
It was similar to the story that appeared in the internet article.
Harman's shareholders said they hoped the merger would be completed in the third quarter after receiving approval from several countries on anti-trust regulations.
"Any Korean electronics company that supplies parts to Harman in Stamford, USA?"
said the station.
"Anam Electronics is now known. So I think we need to see Anam Electronics move."
"Look carefully at Mogang Tech, too. When Anam Electronics goes up, we can dance together."
"Okay."
While we were having a meeting, Jang called from Vietnam.
"I heard that Haman's merger plan was approved by the shareholders' meeting. If you get a pea-tec today, tell Chung to take away 100,000 shares."
"Okay, I'm already in the middle of a meeting."
"Maybe if Anam Electronics comes up, Mo Kang Tech will move with it. That's what happened in the past."
"Okay, I'll look into it."
"And if there's another electronics company on the market today, it's probably Harman's supplier."
"I'll be very careful."
"We looked around the industrial zone of Bac Ninh Province here. Mr. Han said he'd be happy to join Pietestek with Morgang Tech."
"Really?"
"We'll spend today in Hanoi and go to Ho Chi Minh City tomorrow morning. There's an unlisted company that I'm looking for in Ho Chi Minh City."
"Okay. Have a safe trip."
"I'll call you again if there's any change. I'd like to speak to Deputy Director Chung."
I gave my cell phone to the station.
I heard Chang instructing the station manager.
The report said that if Morgang Tech is released, some profits should be realized and the market should be well-established tomorrow.
The meeting continued again.
I looked at Chung's face and said,
"I think the bankruptcy of Hanjin Shipping will affect Korean Air as well. I know you're busy with Mogang Tech, but please check Korean Air's movements from time to time."
"I intend to do so. Korean Air will also work with an order window on the monitor screen.“
I ended the meeting early today because I thought Deputy Manager Chung would be busy.
And came to my room.
Assistant manager Kim Hyung-sook came into the president's office with the contract documents.
"There are six contracts signed on Saturday and Sunday. Would you like to see the contract?"
I saw a certified copy of the apartment to be sold with the contract.
In general, business people seemed to be putting out their homes under the pressure of money.
There were many mortgage settings, and some real estate had private loans between individuals, and there were provisional seizure of individuals, not organizations or institutions.
After I finished looking at the documents, I said with a smile.
"How's your brother's quarters?”
"It looked like a car of trash came out. I just gave my brother a good scolding."
Kim Hyung-sook said, but in fact, no one knew that Kim Hyung-sook secretly went to the bathroom and cried after scolding her brother.
After Assistant Manager Kim Hyung-sook left my room, I opened the HTS.
I was trading with SillaJen for a long time, and Deputy Manager Chung came in.
"Anam Electronics and A-Tec are going bad."
"Really?"
"Mogang Tech is also at its upper limit."
"Oh, yes!"
"Anam Electronics is the company that delivers audio to Harman. I didn't know A-Tek either, but they deliver the product to Harman under the custom trademark method. By the way, A-Tek is Mayor Lee Jae-myung's theme stock."
"Lee Jae-myung theme stock?"
"Assistant Manager Hong Ji-young knows the relationship well."
"Tell Mr. Hong to come."
Assistant manager Hong came in.
"A-Tech hit the ceiling today. Is it Mayor Lee Jae-myung's theme stock?"
"That's right. The CEO of A-Tek is a member of the management committee of the Creative Management CEO Forum in Seongnam, and the head office of A-Tek is classified as Lee Jae-myung theme stock in Seongnam."
"I don't know if it's a theme, but keep an eye on it because it's being delivered to Harman If A-Tek collapses, there's a lot of concern that Morgang Tech will collapse as well."
"Okay."
upper limit of Mogang Tech