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  • November 27, 2014
  • Last updated: 1:40pm
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  1. Property - Hong Kong & China - EARNINGS

    Wheelock's core profit falls 25pc but full-year sales target met early

    Posted Aug 13th 2014, 01:12am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Wheelock's core profit slips but sales target met Property and logistics conglomerate Wheelock & Co yesterday announced sterling sales in the first half but underlying profit, which excludes property revaluation and exceptional items, fell by more than a quarter compared with last year's high base. Although core profit dropped 25.5 ...

  2. Property - Hong Kong & China

    Hong Kong chief executive urged do more on land supply and ease building costs

    Posted Jun 30th 2014, 01:41am by Peggy Sito

    ... is not much the government can do, except increase supply," Kwock said. Cheung said the chief executive needed to clearly state the timetable for future flat supply and name the districts- ...

  3. Property - Hong Kong & China - COMMERCIAL

    Office rents were flat or rose modestly in most districts in second quarter

    Posted Sep 25th 2013, 12:00am by Peggy Sito

    ... flat or up modestly in most areas Office rents in most areas of Hong Kong were flat or rose modestly in the second quarter this year, according to property consultants. The exception was Tsim ... quarter-on-quarter in the second quarter. Tsim Sha Tsui was the exception, it also said. Grade A office rents there dropped by 1.8 per cent over the period, it said. Edward Farrelly, head of research ...

  4. Property - Hong Kong & China - PROPERTY

    Gaw Capital sets sights on US$1b overseas purchases

    Posted Dec 09th 2013, 04:51am by Peggy Sito

    ... It has taken minority stakes in all the deals except the Lloyd's Building purchase. "We know what clients want. We found the deals and asked them to invest. We manage the properties ...

  5. Property - International - BRITAIN

    Impact of a UK capital gains tax on foreign-owned property likely small

    Posted Nov 13th 2013, 04:01am by Peggy Sito

    ... Kirke, managing director at Colliers Hong Kong. "Hong Kong investors have been exceptionally active in the likes of London since the introduction of the stamp duty measures in Hong Kong ...

  6. Property - Hong Kong & China - RETAIL

    Royal Selangor Pewter not deterred by high Hong Kong rent levels

    Posted Oct 02nd 2013, 12:00am by Peggy Sito

    ... released by Savills last month. Street-shop rental growth slowed in the second quarter of this year after four years of exceptional growth. In Tsim Sha Tsui, rents grew 3.3 per cent in the second ...

  7. Property - International - INVESTMENT

    Asian reits a better bet than stocks, says report

    Posted Nov 21st 2012, 12:00am by Peggy Sito

    ... (except for South Korea), the report noted, and in most cases returns exceeded those of their respective stock markets and often by significant amounts. Reits in Asia were well placed moving ... "Reits in Hong Kong, Japan, and Singapore all have performed exceptionally well," said Peter Mitchell, chief executive of APREA. Within the Asian region Japan accounts for 40 per cent market ...

  8. SHKP puts brakes on project launches

    Posted Mar 04th 2005, 12:00am by Peggy Sito

    ... months to December last year. Strong property sales and improved rental income boosted the results. It also enjoyed $1.88 billion in exceptional gains, mainly from a $1.41 billion profit contribution from the sale of its investment in Asia Container Terminals Holdings. Stripping out the exceptional gains, net profits would have risen by about 29 per cent. SHKP said projects to be sold ...

  9. NWD makes first full-year loss

    Posted Oct 17th 2003, 12:00am by Peggy Sito

    ... billion in the previous year after an exceptional gain from the sale of a hotel. 'We made a very difficult decision of making such huge provisions last year. But I believe we made a right ... and mainland economies.' In 1999-2000, NWD posted its first interim loss of $907.2 million because of an exceptional loss arising from the spin-off of its 70 per cent-owned mainland investment arm ...

  10. 3G start-up key to Hutchison results

    Posted Aug 18th 2003, 12:00am by Ben Kwok, Peggy Sito

    ... to be a solid set of first half results this week. The Li Ka-shing controlled conglomerate is tipped to report on Thursday a profit of HK$5.4 billion to $6.9 billion before exceptional items ... telecoms firm in April. An offsetting exceptional profit might include a 230 million euro (HK$2.02 billion) gain from disposing of its water business Powwow in January and subsequent selling down ...




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