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  1. Kerry Properties signs $2.7b deal with Beijing developer

    Posted Sep 18th 2003, 12:00am by Sandy Li

    ... in Beijing for 2.9 billion yuan (HK$2.71 billion) in a deal that will significantly boost the developer's property portfolio in China. Kerry's contribution to the 50-50 joint venture ... stake in December last year. Kerry Properties is part of the Kerry Group, the largest shareholder in the SCMP Group, publisher of the South China Morning Post. ...

  2. Wheelock Properties up 137pc on buyout plan

    Posted Apr 29th 2010, 12:00am by Sandy Li

    ... Sandy Li Wheelock Properties saw its shares soar to a 52-week high yesterday after its parent company launched a HK$6.9 billion privatisation bid for the developer. The generous offer ... the family's 72.9 per cent-owned Joyce Boutique Holdings was rejected by independent shareholders. Jeff Yau, an associate director at DBS Vickers Securities, said shares of Wheelock Properties were ...

  3. Ping An Trust targets quality properties

    Posted Feb 23rd 2009, 12:00am by Staff Reporter

    ... Natalie Chiu in Shenzhen Ping An Trust, the property investment arm of the nation's second-largest insurer, will look for investment opportunities despite the weakened real estate ... commercial properties. 'Depending on our funding situation, we are still interested in quality property investment,' Mr Tung said, without providing further details. The company's ...

  4. 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) ... than 170 million square feet of property nationwide, with about 415 properties in Beijing. 'China Netcom wants to focus on the telecoms business,' Netcom president Zhang Chunjiang ...

  5. Banks face property lending probe

    Posted Apr 28th 2005, 12:00am by Staff Reporter

    ... Ernest Kong Chinese regulator's action follows warnings to rein in funding The central government is to investigate lending by banks to the property sector in the ongoing campaign to curb overheating in the housing market. The China Banking Regulatory Commission will carry out the probes in eight cities- Shanghai, Tianjin, Hangzhou, Tsingtao, Lingbao, Chongqing, Nanjing ...

  6. Property developer sets the pace in innovation

    Posted Mar 08th 2004, 12:00am by Staff Reporter

    ... BIEN PEREZ Property developer Great Eagle Holdings expects a strategic investment in information technology at Langham Place Hotel to soon set the standard in its industry and provide a model for its future projects in China. The Hong Kong-listed firm is spending HK$35 million to install key IT systems at the new hotel, the flagship of its 1.8 million square foot development ...

  7. 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, ...

  8. Banks lend developers a hand

    Posted Mar 18th 2009, 12:00am by Sandy Li

    ... a three-year authorised credit limit of about 13 billion yuan (HK$14.76 billion) from Agricultural Bank of China to finance its listed property and construction units. Its property arm, Shui On Land, ... Lafarge, the world's largest cement maker, and London-listed China Central Properties. Another developer, China National Building Material, secured an authorised credit line of about 10.8 ...

  9. Business - Companies - PROPERTY

    Li Ka-shing's Singapore property joint development looks to expand

    Posted Aug 30th 2012, 12:00am by Bloomberg

    ... Ka-shing's Singapore property joint venture may seek more land in the city state's downtown to replicate its latest development that attracted global banks including Standard Chartered ... by and manages the venture's Singapore properties. "Given the right space, the developers will probably be keen to bid on some of those spaces," Bishop said in an interview yesterday ...

  10. China Resources earnings contract 13.6pc in quarter

    Posted May 23rd 2008, 12:00am by Kandy Wong

    ... Kandy Wong Strong consumer business offsets shortfall from property China Resources Enterprise said yesterday first-quarter net profit fell 13.6 per cent to HK$639 million, dragged down by lower gains from property investments and a lack of income from its discontinued petroleum business. In a statement, the company said that excluding the revaluation of property investments, ...




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