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  • November 26, 2014
  • Last updated: 6:26pm
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  1. SHKP in mainland hub move

    Posted Aug 16th 2003, 12:00am by Peggy Sito

    ... centre and hotels. It is the company's biggest property investment in the city. Chairman Walter Kwok Ping-sheung said the company planned to turn it into a landmark in China's financial ... stepping up investments in Shanghai, betting that a property boom in the financial centre would continue, fuelled by China's growing economy. ...

  2. Rents for offices to rise 25pc this year

    Posted Mar 01st 2006, 12:00am by Peggy Sito

    ... the city's status as an international financial centre. ... because of limited supply and good demand. He said tenants from the financial and consumer products sectors looking for quality space to expand had taken up about 2.2 million sqft of grade-A ...

  3. Property - Hong Kong & China

    Knight Frank tells Hong Kong to up its game on central business district planning

    Posted Oct 24th 2013, 03:47am by Peggy Sito

    ... better long-term planning of its central business district to maintain its position as China's main financial centre amid increasing competition from Beijing and Shanghai, according ... that Beijing and Shanghai were expanding their CBDs and surrounding districts, and promoting themselves as regional and international financial hubs. However, the same could not be said for Hong Kong. ...

  4. SHKP eyes reit launch after jump in earnings

    Posted Mar 04th 2006, 12:00am by Peggy Sito

    ... The Shanghai IFC is a commercial complex of about four million sq ft in Pudong's Lujiazui financial centre. Construction will start soon. The company yesterday announced a net profit of $13.5 ... 'We have added a number of new investment properties in Hong Kong and China, including International Commerce Centre and the mega project in Pudong [Shanghai]. 'It is the time ...

  5. Henderson core profit dives 63pc to HK$1.41b

    Posted Mar 20th 2009, 12:00am by Peggy Sito

    ... three in Tai Po and residential projects in Headland Road, Island South, Conduit Road and Sha Tin. Its World Financial Centre in Beijing was completed in January this year, expanding ... previously. Directors declared an interim dividend of 30 HK cents per share, lower than some analysts' expectation of 40 HK cents per share. Chairman Lee Shau-kee said the financial crisis had ...

  6. Chow Tai Fook wins tower site for mere 1b yuan

    Posted Sep 13th 2008, 12:00am by Peggy Sito

    ... Peggy Sito Hong Kong property tycoon Cheng Yu-tung has stunned the market by securing a development site in Guangzhou's new financial district at almost 80 per cent below the price ... Fook Enterprises, and the site was handed to him at minimum asking price of 1.06 billion yuan (HK$1.21 billion). The 26,494 square metre site in Guangzhou's Zhujiang New Town financial ...

  7. Property - Hong Kong & China - SHOPPING CENTRES

    Link Reit sells four malls for UK$1.24b

    Posted May 21st 2014, 10:55am by Peggy Sito

    ... The malls are Hing Tin Commercial Centre in Lam Tin, sold for HK$210 million; Kwai Hing Shopping Centre in Kwai Chung, sold for HK$438.84 million; the retail centre and car park at Tung Hei Court in Shau Kei Wan, sold for HK$72.9 million; and Wah Kwai Shopping Centre in Aberdeen, sold for HK$518 million. Link expects to record a gain of about HK$331.7 million. However, as the amounts ...

  8. New World resumes Kowloon hotel plan

    Posted Aug 25th 2005, 12:00am by Peggy Sito

    ... the plan was postponed when the local economy slowed after the regional financial crisis. New World Centre, covering a site area of 424,000 sqft, is a residential-hotel-commercial complex providing ... Peggy Sito New World Development has resumed its plan to build a 60-storey hotel next to the New World Centre in Tsim Sha Tsui as demand surges for five-star hotel rooms. Taking ...

  9. Real estate boss keeps his ear to the ground

    Posted Apr 17th 2006, 12:00am by Peggy Sito

    ... with full-year 2004 revenue increasing 15 per cent in US dollar terms over the previous year. With Hong Kong being such an international financial centre for Asia-Pacific, he said the company would ...

  10. Property - Hong Kong & China

    Link Reit sells four malls for HK$1.24b

    Posted May 22nd 2014, 01:19am by Peggy Sito

    ... shopping centres. Private tendering for the properties closed on May 15. The disposals will be completed on July 31, Link Reit said in a stock exchange filing on Tuesday. The complexes are Hing Tin Commercial Centre in Lam Tin, sold for HK$210 million; Kwai Hing Shopping Centre in Kwai Chung, sold for HK$438.84 million; the retail centre and car park at Tung Hei Court in Shau Kei Wan, sold ...




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