In fact, they secretly hoped that Bao Junyi would return later.
Because the interest rate for each credit loan is relatively high and it can generate income for the bank every year, so they would rather wait as long as possible.
Bao Junyi said with a grin, "Okay, after the auction is over, I'll have Miyamoto Yasuo go over and sign the contract with you all."
"Also, the loan is for seven years, with principal and interest to be repaid."
"Everyone, is everything alright?"
Several consortium leaders present at the scene looked at each other, and could hardly hide their joy. After all, the interest on this loan was not low.
Several people said, "Bao Sang, no problem, no problem."
After all, this time Bao Junyi borrowed more than 5 billion US dollars, or about 1.5 trillion yen, from several major conglomerates. The interest would be hundreds of millions of US dollars over the years, so they were naturally happy.
However, they didn't know that a few years later, the currency appreciated and the interest they received was not even a fraction of their losses, and they regretted it so much.
......
Then there were more than a dozen rounds of land auctions.
Miracle Group once again acquired six plots of land.
Over time.
The auction has come to an end.
The auctioneer stepped forward and said, "Ladies and gentlemen, this auction has come to an end."
"Finally, this is the grand prize winner.
"Land 66 is located in central Tokyo, near the Ginza business district. It's a large plot of land formed by the merger of two plots. The starting price is 200 billion yen, with a minimum increment of 10 billion yen."
"Bang!"
"The bidding begins."
As the auctioneer's hammer fell, several major consortiums made bids one after another, and the competition was very fierce.
Mitsui Group: "250 billion yen."
Sumitomo Group: "270 billion yen."
Fuji Group: "300 billion yen."
Mitsubishi Group: "3..."
...
The major conglomerates are competing fiercely, and the major real estate developers nearby can only watch, as they simply do not have the strength to bid.
Bao Junyi was not in a hurry. He waited quietly for them and took action when the time was right.
After all, in 1989, the transaction record of Ginza Gocho was as high as 120 million yen per square meter, setting a historical transaction price record at the time.
What's more, this piece of land now belongs to the core business district of Ginza. As long as you buy it, you will definitely not lose money in the future.
After ten minutes of competition.
The price of land No. 66 has reached 420 billion yen.
"450 billion yen."
Suddenly, another sound was heard.
Bao Junyi looked towards the voice and found it was Mitsui Takajun, the young master of the Mitsui Group.
Sanjing Gaojun noticed Bao Junyi's gaze, turned his head away with contempt and said, "Humph!"
Bao Junyi sneered, "Very arrogant."
He simply raised the sign and said, "500 billion yen!"
Bao Junyi turned his head and looked at him suspiciously.
"540 billion yen!"
With a face full of arrogance, he snorted coldly: "This is not Hong Kong, this is Tokyo, the land of cherry blossoms, don't be arrogant."
Bao Junyi discovered that this young master of the Mitsui Group was not much younger than himself, but he had a very bad temper.
Bao Junyi became interested, picked up the bidding card again, and said to Mitsui Gaojun while looking sideways.
"550 billion yen!"
“5600…”
“6…”
Mitsui Takahiro's hand holding the sign was held down by the middle-aged man next to him.
"Master, stop asking, we don't have that much money."
Mitsui Gaojun slapped the middle-aged man in the face and said, "Damn it, he's too arrogant. He won't let the finance department transfer money if he doesn't have money."
"The group will be mine from now on, what are you afraid of?"
"Master, the master has some requirements. If they are too high, forget it."
"Moreover, the current land price far exceeds the valuation. If we buy it and then build on it, we will definitely lose money."
Mitsui Gaojun said unwillingly: "Are we just going to let it go like this?"
"Your young master, my... "
The middle-aged man interrupted, "Master, the winning bidder's valuation was only 550 billion yen, but now it's over 600 billion yen."
"Also, it's located in central Tokyo, so the construction cost is very high and the construction period is relatively long. Even if the project is completed quickly, the final loss is estimated to be around 100 billion yen."
Mitsui Gaojun's expression improved and he said, "Okay, let him go this time."
"Remember, when they're doing the construction, give me some help."
"Master, I understand."
The middle-aged man next to him wiped the cold sweat from his forehead. This little ancestor really holds a grudge. Moreover, he was afraid that the little ancestor would raise the sign and shout in anger, and then he would be finished.
The auctioneer looked around and called out again, "Is there a higher price?"
"620 billion yen, first time!"
"620 billion yen, second time!"
"620 billion yen, third..."
"630 billion!"
Suddenly, a middle-aged man in his fifties walked to the entrance of the auction hall.
Mitsui Gaojun was surprised and said, "Why is Dad here? Did he come all the way here to support me, his son?"
Everyone at the scene looked in the direction of the voice, and it turned out to be Mitsui Masaki, the chairman of the Mitsui Group.
Everyone at the scene was wondering in their hearts, why was he here, and why was he competing with Miracle Group? Did they have a grudge against each other?
When Bao Junyi saw the person coming, his face darkened and he asked Miyamoto Yasuo beside him, "Who is he?"
"He is Masaki Mitsui, the chairman of the Mitsui Group."
"Didn't he ask his son to participate? Why is it suddenly coming to an end?"
Bao Junyi was also surprised. He recalled in his mind that he had never offended the Mitsui family, so why would they target him?
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