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  • October 2, 2014
  • Last updated: 2:53pm
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  1. Property - International - SOUTH KOREA

    South Korea's Yeouido financial hub sees office vacancies rise to record

    Posted Oct 01st 2014, 04:23am by Bloomberg

    ... by Bloomberg and the Financial Supervisory Service showed. Vacancies have soared with the addition of new skyscrapers, including the three buildings that make up the International Finance Centre Seoul, ... Bloomberg in Seoul The level of empty offices in the Yeouido financial hub now double those of Seoul's central business district as brokerages cut staff Financial hub sees vacancy ...

  2. Property - International - SOUTH AFRICA

    Building fuels office glut in South Africa's financial hub

    Posted Sep 10th 2014, 04:43am by Bloomberg

    ... for properties under construction in Sandton, Africa's biggest financial district. More than 257,300 sq metres of commercial real estate were planned there in June, 73 per cent more than a year ... in the City of London financial district. The average asking rent per square foot in Manhattan is US$5.32, according to broker Knight Frank. Sandton, once a single 20-storey tower and a shopping mall, ...

  3. Property - Hong Kong & China - C-SUITE

    Guangdong and top-tier cities at centre of Kaisa’s strategy

    Posted Jul 15th 2014, 02:37pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Tam Lai-ling, a former investment banker and now vice-chairman of Kaisa Group Holdings, has applied his financial management skills to help the firm ... province and housing demand that continues to be strong in the country's top-tier cities. The former investment banker had worked at several other mainland developers as chief financial ...

  4. Property - International

    Keppel Reit purchases Singapore office stake

    Posted Sep 24th 2014, 06:07am by Bloomberg

    ... Financial Centre Tower 3 from its sponsor Keppel Land, it said in a statement. Keppel Reit is seeking to raise S$228 million in a placement by selling units at S$1.17 each and will separately issue ... in Marina Bay Financial Centre Tower 3 was valued at S$2,790 per square foot by the two companies. Cushman & Wakefield estimated the stake's market value at S$1.281 billion while Savills ...

  5. Business - China Business - DISPOSALS

    Soho China sells part of Shanghai project to Ctrip

    Posted Sep 29th 2014, 10:06am by Sandy Li

    ... for the technology and business innovation centres. Sky Soho, located in the Linkong Economic Park in Hongqiao, is about eight minutes' walk from the Songhong Road Metro Station on Line Two ... and need space to accommodate their employees." In the first quarter, Soho sold two office projects in Shanghai- Soho Hailun and Soho Jingan- to Financial Street Holdings for 5.25 billion ...

  6. Property - Hong Kong & China - C-SUITE

    Wuzhou seeks strategic investors to accelerate logistics growth

    Posted Sep 30th 2014, 10:31am by Langi Chiang

    ... provinces in China, a broader reach than our rivals. There are four Hong Kong-listed players in this [trade centre and logistic property] business – China South City, Yide, Zuer and us. We can buy ... quickly. So we can work perfectly together. Once consumption picks up, our business will grow fast because that will need support from trade centres, logistics services and warehouses Both Global ...

  7. Business - Companies - RETAIL

    Link Reit sells five properties

    Posted Sep 30th 2014, 11:53am by Peggy Sito

    ... Fat Estate and Choi Ha Estate in Choi Hung, Siu Lun Shopping Centre in Tuen Mun, Tin Ping Shopping Centre in Sheung Shui and Tsui Lam Shopping Centre in Tseung Kwan O. ...

  8. Property - Hong Kong & China - BRICKS & MORTAR

    Hong Kong landlords excel in filling up world's tallest office towers

    Posted Sep 23rd 2014, 03:14am by Sandy Li

    ... of high-rise office buildings is one criterion for the creation of financial centres as a city needs to provide a first-class environment to house multinational companies. Hong Kong has 69 tall office ... Centre (Two IFC) at Hong Kong MTR Station and the 484-metre International Commerce Centre (ICC) at Kowloon Station managed to achieve more than 90 per cent occupancy within two years ...

  9. Property - International - UNITED ARAB EMIRATES

    Dubai prices cool after a two-year roller-coaster ride

    Posted Sep 24th 2014, 06:07am by AFP

    ... Dubai property prices are cooling to "healthy" levels after a two-year rally during which real estate rebounded from a slump when the global financial crisis hit in 2009. Developers ... at record highs in 2008, driven mainly by speculative investments. Prices took a nosedive in 2009 as finances dried up in the global financial crisis, shedding half the value of the sector. ...

  10. Property - International - ACQUISITIONS

    Logistics fund falls on radar of real estate manager Croesus

    Posted Oct 01st 2014, 04:23am by Bloomberg

    ... real estate manager, is evaluating another fund with logistics properties after listing its first trust holding Japanese shopping centres in Singapore last year. Croesus had access to 24 to 36 ... Yong said. The company, with a presence in Japan, Singapore and China, also saw opportunities in data centres, solar farms and hospitality, he said. "Our focus is on income-generating ...




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