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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. Australia's QBE pushes into mortgage insurance

    Posted Mar 10th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Fresh from its expansion into the mortgage insurance business, QBE Insurance Group, one of Australia's largest insurers, plans to push into Hong Kong where it will compete ... of QBE Lenders' Mortgage, formerly PMI Australia. The Hong Kong market is dominated by the HKMC, with 90 per cent of the business. It is wholly owned by the government through the Exchange ...

  3. CNOOC to buy US$80b gas from Australia

    Posted Mar 25th 2010, 12:00am by Eric Ng

    ... Eric Ng China National Offshore Oil Corp (CNOOC), the state-owned offshore oil and gas producer, has sealed a 20-year deal to buy as much as US$80 billion of natural gas from Australia ... in Shanghai of executives from Australia's Rio Tinto on charges of bribery and theft of commercial secrets. Beijing's goal is for gas to account for 10 per cent of the country's energy ...

  4. Australia now more affordable

    Posted Jun 22nd 2005, 12:00am by Peggy Sito

    ... to a research report. AMP Banking and the Real Estate Institute of Australia said affordability had improved across Australia, but differing loans and property prices meant mixed results across states. ... A$217,340, down by 0.5 per cent. Average Australian monthly loan repayments grew by just A$4 to A$1,516 a month. Median family income in Australia rose 1.5 per cent to A$1,114 a week, which meant ...

  5. Mainland binge on overseas property

    Posted Apr 04th 2010, 12:00am by Peggy Sito, Sandy Li

    ... as in long-favoured destinations such as Canada and Australia. Home prices in many struggling developed countries fell significantly during the global economic downturn. But China's economy has been minting millionaires, and its relatively strong currency and soaring domestic housing market has sent rich mainland investors flooding overseas to get more for their money. Property agents ...

  6. REITs may portend shift in property market

    Posted Jul 24th 2003, 12:00am by Staff Reporter

    ... Morgan. 'We're not going to see substantial growth in the property market in Hong Kong.' REITs, long popular in the United States and Australia, are a listed security that consists ... of risk. The average US REIT contains 143 properties and assets of US$2.1 billion. Australia's REITs have an average of 33 properties and asset size of $3.2 billion. In contrast, Hong Kong ...

  7. Clare Valley Wineries

    Posted Apr 10th 2005, 12:00am by Christina Pfeiffer

    ... Christina Pfeiffer South Australia's Clare Valley was established as a vine-growing area in 1848 by a group of Polish Catholics and two Jesuit priests expelled from Austria during ... Today, Sevenhill provides 20 per cent of Australia's altar wine and ships its produce overseas. The winery setting is peaceful and picturesque, with historic buildings among 70 hectares ...

  8. PCCW to run Netcom property

    Posted Feb 25th 2005, 12:00am by Georgina Lee

    ... Georgina Lee Joint-venture scheme grants access to mainland firm's massive property portfolio PCCW will spearhead the development of China Network Communications Group's (Netcom) massive property portfolio- one of four planned areas of co-operation between the telecommunications carriers. Senior officials from the two companies- appearing together for the first time ...

  9. Buyers target property plays ahead of auction

    Posted Oct 12th 2004, 12:00am by Staff Reporter

    ... the intraday low, as investors switched into property plays ahead of today's land auction. Aggressive buying in the last couple of minutes into some of the Hang Seng Index heavyweights, including China Mobile, HSBC, Sun Hung Kai Properties and CNOOC, pushed the index about 60 points higher and lifted the adjusted closing price. The blue-chip index finished 63.67 points, or 0.48 per cent, ...

  10. Business - Companies - ACQUISITIONS

    CK Life Sciences buys Australia's Cheetham Salt for A$150m

    Posted Nov 30th 2012, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Li Ka-shing firm buys Cheetham of Australia for A$150m, giving it a wider geographical coverage and sparking a rally in its shares CK Life adds salt ... Cheetham is Australia's largest producer and refiner of salt, with business in Indonesia, a joint venture in New Zealand and a sales office in Japan, its website says. Cheetham sells salt ...




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