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  • September 17, 2014
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  1. Rental sector is on the road to recovery

    Posted Sep 25th 2009, 12:00am by Alex Frew Mcmillan

    ... But Hong Kong is still one of the five most expensive cities in the world when priced per sq ft per year, according to a report from CB Richard Ellis, with Central District at US$150.42. ... enough to place the city at the top of the list, above London's West End at US$125.52 per sqft in June and Tokyo's central wards in third place, at US$101.57. 'A stabilisation ...

  2. 16 held after Guangzhou theme park stormed

    Posted Apr 15th 2009, 12:00am by Kelly Chan

    ... Kelly Chan Guangzhou police have arrested 16 suspects who allegedly stormed a theme park in the city's central Tianhe district last week, Xinhua reported yesterday. They also seized ... disputes between the theme park and a Guangzhou-based investment company, Yongshida. The park owner accused the company of occupying its property and failing to pay water and electricity fees, ...

  3. Developer Central China issues profit warning, will sell bonds

    Posted Aug 06th 2009, 12:00am by Staff Reporter

    ... Fulton Mak Central China Real Estate issued a profit warning yesterday and joined the parade of mainland property developers tapping capital markets. The Hong Kong-listed company, which ... FountainVest's stake in the company will increase to 12.48 per cent from 9.86 per cent, while West Hill will own 1.42 per cent. Central China Real Estate is the 10th mainland developer to tap the capital ...

  4. Giving Central a run for its money

    Posted Jun 26th 2009, 12:00am by Kenneth Ko

    ... lower than the rates paid in Central, and most tenants appreciated that high quality was maintained despite the difference in costs. He said that with a contemporary design, the building boasted ... 'We position Manhattan Place as a grade A office building with provisions and management service comparable to grade A offices in the Central business district while rentals are at very ...

  5. Henderson may sell home after move

    Posted Aug 13th 2004, 12:00am by Sandy Li

    ... Sandy Li Henderson Land Development may sell its headquarters in World-Wide House, Central, after moving to Hong Kong's tallest building, Two International Finance Centre, this month. The developer occupies about 100,000 square feet of office space in World-Wide House, where chairman Lee Shau-kee's group of companies- Henderson Investment, Henderson China Holdings and Henderson ...

  6. Central Huijin to take stake in New China Life

    Posted Oct 25th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Central Huijin Investment, a unit of the nation's sovereign wealth fund, will buy a stake in New China Life to become the controlling shareholder as part of a strategy ... Life to Central Huijin. The transfer will help improve New China Life's shareholding structure and business development. New China Life, the nation's fifth-largest life insurer, has ...

  7. Bank pays HK$1.39b for tower in Central

    Posted Sep 02nd 2008, 12:00am by Yvonne Liu

    ... Central headquarters at a time when speculators have withdrawn from the office market. The bank won the tender for the CNAC Building at 10 Queen's Road Central for HK$1.39 billion from CNAC Group, according to Vigers Hong Kong, the property agent of the building. The bank's current headquarters are at 12 Queen's Road Central. The office investment market entered ...

  8. Comment - Insight & Opinion

    CNOOC will face serious challenges managing Nexen

    Posted Feb 20th 2013, 12:00am by G. BIN ZHAO

    ... will be gradually taken over by either existing or newly established independent subsidiaries. Nexen, as the headquarters for North and Central America, will manage projects that fall under its ...

  9. Financial firms change leasing plans as business outlook dims

    Posted Sep 24th 2008, 12:00am by Yvonne Liu

    ... Kong's office market. Lehman occupies about 60,000 sqft at Two IFC and about 27,000 sq ft in Man Yee Building, both in Central. Merrill Lynch has offices in St George's Building, Citibank ... The additional office space it plans to take over is now occupied by Dutch financial group ING, which was the first major tenant to sign up for space at One IFC but has been forced to look for office ...

  10. News - China - BRIEFS

    Briefs, December 30, 2012

    Posted Dec 30th 2012, 12:00am by STAFF, WIRE

    ... strive to improve transport facilities in rural areas as well as in the central and western regions. Some 87,000 kilometres of new highways opened this year, he said. Xinhua   Sinopec's new ethylene plant ready to start Petrochemical refiner Sinopec has completed building an 800,000 tonnes-per-year (tpy) ethylene plant in the central region. The mainland, which imports about half its ...




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