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  1. Investors pay $10.6b for retail properties

    Posted Nov 26th 2003, 12:00am by Sandy Li

    ... Sandy Li Investors spent $10.6 billion on retail properties in the first three quarters of this year, accounting for 31 per cent of total property sales, according to Jones Lang LaSalle. One of the biggest deals this year was department store operator Wing On's purchase of Causeway Bay Plaza for $1.2 billion from Lai Sun Development. Jones Lang LaSalle head of research ...

  2. London office market take-up faces 19-year low

    Posted Sep 24th 2003, 12:00am by Richard Warren

    ... signalling the recession is ending. According to Jones Lang LaSalle's second quarter Central London Market Report, take-up was a paltry 2.6 million square feet in the first six months ... million sq ft] achieved in 2002, which was the lowest since 1992'. Derek Epstein, director of Jones Lang LaSalle, said that if take-up this year undershot 1992 and last year's levels, ...

  3. Buying livens up in prime Tokyo districts

    Posted Sep 03rd 2003, 12:00am by Peggy Sito

    ... Tokyo, sold for an average of 681,000 yen (HK$45,500) per square metre, up about 9 per cent from a year ago, according to the latest Jones Lang LaSalle Tokyo Property Index. The average price ... with the previous three months. On a year-on-year basis, gross domestic product expanded 2.3 per cent, the sixth quarter of growth. Jones Lang LaSalle said demand was behind the increased activity. Private ...

  4. Forethought and planning needed before entering Shanghai market

    Posted Sep 03rd 2003, 12:00am by Staff Reporter

    ... Jones Lang LaSalle warns of heavy supply over the next two years Prospective investors and tenants in Shanghai should monitor the supply of new projects before buying property amid the city's highly fluctuating market, advises Jones Lang LaSalle. A large amount of supply would come on stream this year and again in 2005, the property consultant said. 'Leveraging ...

  5. Veteran sees rebound ahead

    Posted Jul 21st 2003, 12:00am by Kenneth Ko

    ... The legendary property consultant, who has seen many highs and lows, feels the good times looming JONES LANG LASALLE'S Samuel Whiffin has witnessed the dramatic highs and lows of Hong ... Unfortunately, it was a relatively small space - just 1,500 sqft - but, still, it was a memorable career highlight for Mr Whiffin, who has been with Jones Lang LaSalle for 17 years and is now managing ...

  6. Office rentals face further downward slide

    Posted Jul 09th 2003, 12:00am by Sophia Wong

    ... consultant estimated that grade-A office prices fell 19 per cent while the vacancy rate rose from 9.6 per cent to 10.7 per cent over the past six months. Jones Lang LaSalle said office rentals shrank ... transactions to focus mainly on grade-B offices and retail shops in prime locations, given their higher yield and availability for sale. Jones Lang LaSalle recorded a 14 per cent drop in prices ...

  7. Revision aims to make HK more competitive

    Posted Jul 31st 2003, 12:00am by Enoch Yiu, Peggy Sito

    ... Jones Lang LaSalle said it was disappointed about the restrictions on overseas assets in the final code. 'We think this is an important component for a successful REIT market in Hong Kong, the freest economy in the world,' it said in a statement. 'Jones Lang LaSalle is keen to participate in the discussions to help refine the code.' ...

  8. Luxury unit prices face further falls during year

    Posted Jul 16th 2003, 12:00am by Sophia Wong

    ... Luxury residential prices are expected to decline 10 per cent in the second half of the year due to ample supply, according to an international real-estate consultant. Jones Lang LaSalle ... In the first six months, Luxury residential rentals fell 12 per cent and prices shrank 6 per cent, Jones Lange LaSalle said. Institutional investors had switched their focus from luxury residential ...

  9. Luxury Stanley units lure Taiwanese firm

    Posted Nov 12th 2003, 12:00am by Staff Reporter

    ... important than capital appreciation. Jones Lang LaSalle managing director Fung Kin-keung said some investment funds from Europe and the United States had recently been eyeing high-end properties ...

  10. Diary

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

    ... (2609 8597). Jones Lang LaSalle presents 'The Leading Edge' at the Island Shangri-La hotel. For details, visit www.asiapacific.joneslanglasalle.com Tomorrow, HK: The Hong Kong ...




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