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  • July 24, 2014
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  1. Asian buyers see bargains in Australia's commercial sector

    Posted Mar 11th 2009, 12:00am by Staff Reporter

    ... Fulton Mak Australia's commercial real estate sector has re-emerged as a key investment target for Asian buyers, says property consultant CB Richard Ellis. Leading the Asian drive ... 'Australia has the highest ratio of distressed properties in Asia [at 6 per cent] after Japan,' Mr Brookes said. One Australian dollar bought HK$7.50 in the middle of last year but at present ...

  2. Business - China Business - REAL ESTATE

    Property players look abroad to avoid controls

    Posted Aug 22nd 2012, 12:00am by Sandy Li

    ... In the exhibition hall were booths offering properties for sale in Britain, Australia, the United States, Vietnam and even the Cayman Islands. The hall was packed with eager home-seekers and investors while ... Sandy Li sandy.li@scmp.com Sales agents and developers alike are shifting their focus to foreign markets while still targeting wealthy Chinese buyers Property players look abroad to avoid ...

  3. Soaring property prices fuel talk of sale restrictions

    Posted Aug 20th 2010, 12:00am by Olga Wong

    ... from acquiring property. In Australia, foreigners acquiring homes must be approved by the Foreign Investment Review Board, and it is a civil offence for non-residents to buy second-hand flats. ... Olga Wong As property prices keep rising, debate is heating up on whether restrictions should be imposed on outside investors buying flats in Hong Kong. Research shows more than a third ...

  4. HSI cracks 21,000 as land sale fires up property plays

    Posted May 08th 2007, 12:00am by Staff Reporter

    ... Lee Yuk-kei Hong Kong blue chips breached the 21,000-point level for the first time yesterday on strong gains in property plays. The gains were trimmed as investors took profit before ... markets including Australia, South Korea, Malaysia and Indonesia also set new highs, with gains ranging from 1.58 per cent for Japan to 0.14 per cent for Malaysia. The Shanghai Composite Index ...

  5. 2006 review- property

    Posted Dec 27th 2006, 12:00am by Staff Reporter

    ... investment of HK$842.8 million three years earlier. Australia-based Macquarie Global Property Advisors (MGPA) is the buyer. April 11Cheung Kong wins the development contract for the Kowloon-Canton ... in the second-hand market, the number of transactions was about 96,700 as of December 20, down 20 per cent from last year. The year also witnessed a polarisation of the property market with mass residential ...

  6. CLP's Australia spin-off nears 'beauty contest'

    Posted Feb 28th 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com Power supplier CLP has taken another step forward in spinning off its energy flagship in Australia, a growth driver for the group's profit last year. Chief executive Andrew Brandler yesterday said the utility had engaged financial advisers to consider the prospect of a separate listing of TRUenergy, Australia's No 2 electricity ...

  7. Lai See

    Posted Oct 15th 2010, 12:00am by Howard Winn

    ... time he has failed to turn up to speak at a conference this year. Unkind souls suggested he was too busy counting his money- he is Australia's fifth richest man, according to BRW Magazine. ... Group for the title of Australia's riches man. Charity begins with homes Interesting to see the business community being asked to chip in HK$5 billion to the Community Care Fund announced ...

  8. Business - China Business - PROPERTY

    Longfor Properties banks on lower profit margins in 2013

    Posted Aug 18th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com The mainland developer voices confidence in better times ahead, with expectations that higher sales and investment properties will lift returns in future Longfor banks on lower profit margins in 2013 Mainland developer Longfor Properties is confident about its business outlook even though it expects a drop in gross profit margin next year. ...

  9. Business - China Business - PROPERTY

    Guangzhou R&F Properties shifts focus beyond first-tier cities

    Posted Aug 17th 2012, 12:00am by Yvonne Liu

    ... Guangzhou R&F Properties plans to increase investment in second- and third-tier mainland cities as the industry shifts its focus to the housing demand of end-users in the coming years. Chairman Li Sze-lim said yesterday: "If we want to achieve a large property sales volume, we have to target end-users. The demand from end-users in second- and third-tier cities is stronger ...

  10. Profit up 3.8pc at Swire Properties

    Posted Aug 11th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Swire Properties, which owns Pacific Place in Admiralty and Island East in Quarry Bay, says strong positive rental revision means a slowdown in office leasing activity has little impact on the performance of its investment property portfolio. The assessment came after Swire announced underlying interim profit, excluding the revaluation gain from ...




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