Chapter 685 Transaction
Barron purchased this Nocton estate mainly for the 8,000 acres of land here.
"Land is the only thing in the world worth working for, fighting for, and dying for, because it is the only thing that lasts."
This is a classic quote from the American writer Margaret Mitchell's famous novel "Gone with the Wind". The heroine Scarlett's father looks at the dusk-shrouded Tara Manor in the distance and tells Scarlett.
In fact, land remains one of the most important assets to this day.
And according to research data from survey agencies, half of the land in England is owned by less than 1% of large landowners, which has not changed for centuries.
Among them, nobles and gentry own 30% of England's land; 18% is owned by various enterprises; 17% is owned by a series of oligarchs and banker upstarts; 8.5% is owned by the public sector; and the royal family owns 1.4%.
The vast majority of ordinary people own little or no land.
Those who own homes in England own a combined 5% of land.
In fact, this is not just the case in England, but in the entire UK, and even more so in Scotland.
At the peak of the Devonshire Dukes' family in Barron, they had eight extremely huge estates in England and Ireland, covering an area of more than 200,000 acres!
However, many manors later had to be sold for various reasons - especially in Barron's grandfather's generation, a considerable part of the land had to be sold in order to pay the high inheritance tax.
Now, after Barron's funds are sufficient, he naturally hopes to use part of the funds to carry out a plan to hoard land.
After visiting like this, Barron is quite satisfied with this manor. It can be seen that the land is relatively fertile and has been taken care of more carefully.
During the conversation, Barron learned that Earl Edward Montagu owned four manors, and the other Carrington Manor was not far from the Nocton Manor and was also within Lincoln County, covering an area of 6,500 square meters. acres or so, slightly smaller than Nocton Hall.
"The land here in Lincoln County is very good. The situation at Carrington Manor is similar to here. If I have time next year, I can take you to see it, Your Highness the Duke."
After the visit, they returned to the main house of the manor, where Count Montague prepared a sumptuous dinner for Barron.
"This dry red is very good, Mr. Earl, I wish you good health."
"This is still a collection from our family wine cellar. I'm glad you like it."
"What if I want to buy both estates?"
Upon hearing Barron's question, Edward Montagu looked at his wife and said with a smile:
"Originally, I only planned to sell this one manor, but if you, the Duke, want to buy it, then I can sell them all to you and give you a satisfactory price..."
At this time, Barron just nodded slightly and continued to listen to Earl Montague.
really……
"However, I also have a small request, Your Highness the Duke."
"Please say……"
"To be honest, the reason why I am willing to sell this estate is because I have suffered some losses in my previous investment, but I think the current stock market has shown signs of recovery, so I hope to stick to it..."
Earl Montague looked at Barron, paying attention to his expression, and said:
"I just want to know what you think? Of course, if possible, there will be some remaining funds after the sale of my two estates, and I hope to invest them in your Mars fund."
It was almost as expected by Barron. The reason why he was willing to sell the manor and asked to meet him was that the Earl of Montague hoped to build a relationship with Barron.
Not to mention that if we can know the true views of Barron, a well-known investor, on the market, it can provide important support for Earl Montague's subsequent investments. Even the Mars Fund is not so easy to join now. To invest.
Yes, at the beginning, Barron's even needed to find ways to attract investors for the Mars fund, but this fund has developed to this day and has become very popular because of its continued excellent profit performance.
It can be said that ordinary people are not qualified to buy shares of this fund at all. The current Mars fund will basically no longer open its investment window to the public. Those who can be allowed to join this fund must have a relatively close relationship with Barron's. It only depends on connections - many politicians in key positions will have a certain amount of money invested in the Mars fund.
This fund is also very attractive to many wealthy people, but the amount of investment available to many people is also very limited.
Although the current investment returns of Mars funds cannot be compared with those in the early days - at that time, the return on investment was often several times or even more than ten times per year.
However, the current rate of return of this fund is still much higher than that of some other private equity funds.
"I have a similar view on the investment market, Mr. Earl. I also think that the market has entered an upward cycle of recovery, but this still needs a process. But what is certain is that the lowest point of many stocks has already been reached. past……"
Regarding his views on the investment market, Barron does not feel that there is anything to hide. After all, it does not involve some investment details. Regarding his views on the general trend of the market, he has shown optimism more than once, but it is just like In a bull market, some people will also lose money, and there are quite a few of them. With the same views on the economic cycle and different operating methods, the results will be very different.
"As for the Mars fund, I wonder how much money you can invest?"
"I hope to obtain an investment quota of 50 million pounds, Your Highness the Duke."
"That's no problem. I can leave these shares to you, but I need to wait until September..."
After all, September is the annual settlement time for the Mars fund. In the past, the investment window was opened in September. Of course, some investors who redeem the fund will also do so during that time.
…
"Are you agreeing too easily?"
On this day, Barron and Yulia stayed at Nocton Manor. In the bedroom, after changing into a loose skirt, Yulia couldn't help but say to Barron.
"Hasn't our goal been achieved in this way? We bought two of Earl Montague's estates at a very suitable price. As for agreeing to allow him to invest in the Mars fund..."
Barron said softly:
"Their family is worth making friends with. There is nothing more solid than this connection of interests."
During the dinner, after Barron agreed to Earl Montague's request, he seemed very happy and directly finalized the deal with Barron regarding two manors in Lincoln County, two pieces of land with a total area of 14,500 acres. The sale price is 235 million pounds, which is considered a relatively cost-effective price.
