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  • August 28, 2014
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  1. Business - Companies - ACQUISITIONS

    Geely in running to buy stalled London cab firm

    Posted Jan 26th 2013, 12:00am by Anita Lam

    ... stalled London cab firm Mainland carmaker Zhejiang Geely may buy out its London taxi manufacturing partner Manganese Bronze for less than £2.7 million (HK$33 million), a person familiar ... million- the last valuation of the company by its administrator PricewaterhouseCoopers- given the heavy debt it carried. Manganese Bronze, manufacturer of the iconic London black taxi, faced a huge ...

  2. HK investors get pick of new British homes

    Posted Aug 18th 2010, 12:00am by Richard Warren

    ... Richard Warren in London Dozens of British residential development schemes are launched in Hong Kong before being offered to buyers in Britain. Estate agency Knight Frank has sold 450 ... this year. Other agents and developers have launched British schemes, too. Gary Patrick, the London sales director of developer Barratt Homes, said his firm exhibited properties in Hong Kong before ...

  3. Buyers from Arab countries hit by unrest snap up London 'boltholes'

    Posted Mar 09th 2011, 12:00am by Richard Warren

    ... Richard Warren Arab businessmen, some connected with Middle Eastern regimes toppled by popular uprisings in January and last month, are buying London 'boltholes'. London estate ... for central London homes in the GBP4 million (HK$50.6 million) to GBP20 million range. Bikhit said buyers were 'mainly wealthy businessmen, all of whom will have had a loose association ...

  4. Chinese Estates buys Goldman Sachs London sites

    Posted Mar 05th 2011, 12:00am by Peggy Sito

    ... Peggy Sito Chinese Estates Holdings, a property investment and development company, is expanding its portfolio in London with plans to buy from Goldman Sachs Group two commercial buildings that form part of the bank's London headquarters. A company spokesman said the buildings were Peterborough Court and Daniel House in Fleet Street. The sites are opposite River Court, another ...

  5. Chinese Estates pays GBP280m for London building

    Posted Jan 17th 2011, 12:00am by Yvonne Liu

    ... Yvonne Liu Chinese Estates Holdings, a property investment and development company controlled by Joseph Lau Luen-hung, has acquired a grade A office building in London for GBP280 million ... million in November. In the latest signal of Hong Kong investor interest in London property, Lau bought the office building, River Court, at 120 Fleet Street. The building is occupied on a long ...

  6. HK investors add London hotel rooms to buying list

    Posted Dec 08th 2010, 12:00am by Richard Warren

    ... Richard Warren in London Hong Kong investors in the British property market are diversifying into non-conventional forms of property ownership including hotel rooms and fractional units. One-third of guest rooms at a Holiday Inn hotel near London's Canary Wharf have been sold off-plan to Hong Kong investors. When completed in the first quarter of 2012, the four-star hotel ...

  7. Regulators take on marketing during London trip

    Posted Nov 09th 2010, 12:00am by Enoch Yiu

    ... financial market that is facing intense competition from Shanghai and Singapore. Secretary for Financial Services and the Treasury Chan Ka-keung will go to London for a three-day conference next ... management and yuan trading centre,' he said. The team will host a full-day conference in London next Tuesday and meet local professionals and officials during the rest of the week. The total ...

  8. London's still calling the shots at HSBC

    Posted Sep 28th 2010, 12:00am by Enoch Yiu

    ... as though English tea and crumpets may be back on the menu. Many believed Geoghegan's move from London was a sign of a bank returning to its Asian roots. But as the headline-making reshuffle at the top shows, the heart of the bank is still very much in its London headquarters. The shakeout, triggered by chairman Stephen Green three weeks ago announcing that he was stepping down to become ...

  9. Cashed-up Chinese buy prime flats in London

    Posted May 05th 2010, 12:00am by Richard Warren

    ... Richard Warren in London A wave of affluent Chinese are investing in new blocks of flats rising in and around London's former wharves and docks- now among the most sought-after locations in the city. Others are buying large homes in prime central London. The mainly cashed-up buyers who do not depend on mortgage loans have been largely unaffected by the credit clampdown ...

  10. HK, mainland investors snap up London project

    Posted Nov 25th 2009, 12:00am by Sandy Li

    ... Sandy Li British developer Native Land has sold more than GBP22 million (HK$282.6 million) worth of flats in its joint-venture luxury residential project in central London to Asian buyers- ... value against the Hong Kong dollar since October 2007, meaning buyers investing in British property can get more for their money. Nicholls said prices of London flats began to stabilise in May ...




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