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  • November 29, 2014
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  1. Slap on the wrist for James To over his rental expenses claim

    Posted Mar 10th 2005, 12:00am by Jimmy Cheung

    ... To Kun-sun, with a motion of admonishment over his office rental claim last year. A Legco inquiry yesterday tabled a report criticising Mr To as negligent and falling short of the standards expected ... To's integrity was called into question during the September Legco election. He was accused of paying above-market rent for an office in Shamshuipo- money he then claimed back in expenses ...

    http://www.scmp.com/article/492126/slap-wrist-james-over-his-rental-expenses-claim
  2. Rental, staff expenses erode Midland profits

    Posted Mar 10th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Lower commission income, higher rental expenses and increasing staff costs drove Midland Holdings into the red in the second half of last year, but the property agency was still ... 'The operating environment was challenging in the second half. Not only did the market slow down, but the group's rental expenses also rose, hurting earnings,' chairman Wong Kin-yip ...

    http://www.scmp.com/article/539746/rental-staff-expenses-erode-midland-profits
  3. Property - Hong Kong & China - RENTS

    Weaker luxury sales to force down shop rents in prime districts

    Posted Nov 20th 2014, 12:02pm by Peggy Sito

    ... in Hong Kong," he said, while adding that such tenants would be more cautious about rental expenses. Lai said he expected asking rents would drop by 5 per cent to 10 per cent when leases were ... Peggy Sito peggy.sito@scmp.com Scaled-back expansion plans by luxury brands and cosmetics retailers expected to spur landlords of street shops to cut rentals by up to 10pc Weaker luxury ...

    http://www.scmp.com/property/hong-kong-china/article/1644400/weaker-luxury-sales-force-down-shop-rents-prime-districts
  4. Property - Hong Kong & China - PROPERTY

    Okay goes online to fight cooling property market in Hong Kong

    Posted Jun 09th 2014, 03:31am by Sandy Li

    ... Sandy Li sandy.li@scmp.com New business model helps the real estate agency save on rental expenses while offering staff higher commissions as HK home sales slump 40pc Okay goes online ... operation. With rental expenses at a minimum, Okay.com is an online property agency that appears to have come out unscathed from a cooling market and has already secured investments from veteran ...

    http://www.scmp.com/property/hong-kong-china/article/1528192/okay-goes-online-fight-cooling-property-market-hong-kong
  5. Beijing Airport may see rent returned

    Posted Sep 30th 2008, 12:00am by Charlotte So

    ... and retrieve rental expenses in previous months. The airport saw its rental expenses surge more than 10 times to 586 million yuan in the first half. The company has been operating the terminal since ... lower than the rental expenses, he said. 'We are still confident that the government will approve the transaction by [year-end],' company secretary Shu Rong said yesterday. 'But ...

    http://www.scmp.com/article/654517/beijing-airport-may-see-rent-returned
  6. Property - Hong Kong & China - RENTS

    Causeway Bay loses to New York in world highest rental ranking

    Posted Nov 20th 2014, 06:06am by Peggy Sito

    ... expensive locations in 330 shopping precincts in 65 economies, shows rents in New York's Upper Fifth Avenue rose 13.3 per cent year on year to a record US$3,500 per square foot per year. Paris saw 6 per cent overall growth but there was no change in rental values on the Champs-Elysees after a 40 per cent gain last year- the street ranked third on this occasion. London's New ...

    http://www.scmp.com/property/hong-kong-china/article/1643974/causeway-bay-loses-new-york-world-highest-rental-ranking
  7. Business - Companies - EARNINGS

    Jeweller Luk Fook posts record profit of HK$1.86b after gold binge

    Posted Jun 27th 2014, 01:04am by TIFFANY AP

    ... saw a 96 per cent rise compared with 2011. Management said that although rental expenses were a challenge in the local market, as they rose about 60 per cent, they noticed that in recent ... but in Macau our rental expense is still rising very fast. "In Hong Kong we will work on finding more attractive spaces." Over the past year, the group has focused on opening landmark stores ...

    http://www.scmp.com/business/companies/article/1541297/jeweller-luk-fook-posts-record-profit-hk186b-after-gold-binge
  8. Property - Hong Kong & China - EARNINGS

    Apex Benchmark attacks Midland management over record loss

    Posted Apr 02nd 2014, 05:47am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Real estate fund blames high rebate incentives and rental expenses for the realtor's record loss Apex attacks Midland over dismal results Real estate fund ... unreasonably high rebate incentives, huge increases in rental expenses and rising finance costs had dragged Midland into its biggest loss since listing in 1995. On Friday, the realtor posted a loss ...

    http://www.scmp.com/property/hong-kong-china/article/1462820/apex-benchmark-attacks-midland-management-over-record-loss
  9. Property - Hong Kong & China - PROPERTY

    Developers squeeze out tiny flats as home prices soar

    Posted Oct 20th 2014, 04:56am by Sandy Li

    ... income in her company's human resources department. "Rents are too expensive in Hong Kong," she said. "In Beijing, rental expenses were just about 10 per cent of my ...

    http://www.scmp.com/property/hong-kong-china/article/1620091/developers-squeeze-out-tiny-flats-home-prices-soar
  10. Property - Hong Kong & China - LEASING

    Retailers downsize as luxury sales slump

    Posted Jun 10th 2014, 03:37pm by Sandy Li

    ... on corruption. Tony Lo, head of the retail shops division at Midland Realty, said a survey by the firm indicated rental expenses of high-end retail brands had risen to 20.5 per cent of sales in the first ... rents to performance," Lo said. After adopting this strategy, he said, rental expenses for retailers selling cosmetics fell to 10.5 per cent from 11.4 per cent. "In response ...

    http://www.scmp.com/property/hong-kong-china/article/1529249/retailers-downsize-luxury-sales-slump

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