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  • April 18, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Diversifying China Vanke eyes SOE and logistics assets

    Posted Apr 10th 2014, 01:01am by Langi Chiang

    ... arms of state-owned enterprises and exploring other sectors such as logistics, chief executive Yu Liang said yesterday. The central government is quickening the pace of state enterprise reform ... about this and are willing to take big steps in terms of acquisitions or equity stake investment." He did not provide further details. The central authorities have in recent years urged ...

    http://www.scmp.com/property/hong-kong-china/article/1472154/diversifying-china-vanke-eyes-soe-and-logistics-assets
  2. Property - Hong Kong & China - PROPERTY

    Mainland Chinese tourist boom sparking hotel conversions in Hong Kong's residential areas

    Posted Mar 17th 2014, 12:51am by Yvonne Liu

    ... the head of valuation and professional services at surveyor Knight Frank, said occupancy rates at shopping centres in less central areas were low. We are seeing more conversions of older industrial ... into a hotel with 86 rooms. As the property is in a residential area, some distance from Hung Hom's main shopping area, the retail podium is currently occupied by offices. But it could attract ...

    http://www.scmp.com/property/hong-kong-china/article/1450166/mainland-chinese-tourist-boom-fuels-hotel-rush-hong-kong
  3. Property - Hong Kong & China - PROPERTY

    Fosun plans Sichuan trade centre

    Posted Mar 31st 2014, 05:21am by Peggy Sito

    ... was initiated in the wake of the central government's urbanisation drive, Fosun chief executive Liang Xinjun said. "Urbanisation is a major highlight of the central government and a major ...

    http://www.scmp.com/property/hong-kong-china/article/1461188/fosun-plans-sichaun-trade-centre
  4. Property - Hong Kong & China - PROPERTY

    Beijing redesign proposal derails Langfang industrial park project

    Posted Mar 31st 2014, 05:21am by Langi Chiang

    ... million," said Annie Lei, national director of China consulting at real estate firm Cushman & Wakefield. But first of all, the central government needed to define what role each city ... she said. "Some of the companies and industries in Beijing may move to these cities, but that will not happen overnight." To speed up joint development, the central government needed ...

    http://www.scmp.com/property/hong-kong-china/article/1461176/beijing-redesign-proposal-derails-langfang-industrial-park
  5. Business - Money - PROPERTY

    Sino Land and South China seek HK$7b for Central office block

    Posted Nov 09th 2012, 12:00am by YVONNE LIU AND PEGGY SITO

    ... Holdings are trying to sell a 33-storey office building in Central for HK$7 billion rather than by individual floors, to command a higher price for the property. In December, the companies put ... The building is almost fully occupied. The office and retail tower, built in 2001, is at 60 Wyndham Street. It comprises 31 office floors and has a total gross floor area of 330,000 sqft. The existing ...

    http://www.scmp.com/business/money/markets-investing/article/1078232/sino-land-and-south-china-seek-hk7b-central-office
  6. News - China - PROPERTY

    Beijing vows to establish nationwide property registry by 2020

    Posted Mar 18th 2014, 04:59am by Zhang Hong

    ... released urbanisation plan. The Central Committee of the Chinese Communist Party and the State Council jointly released the landmark urbanisation plan for 2014-2020 on Sunday. "[We] ... market regulation. Without a complete database, the central government's policies might miss [the expected] targets," said Li. For example, only when such a system exists could ...

    http://www.scmp.com/news/china/article/1451111/beijing-vows-establish-nationwide-property-registry-2020
  7. News - Hong Kong - PROPERTY

    High rents force consulates out of Central district

    Posted Oct 31st 2012, 12:00am by Gary Cheung, Amy Nip

    ... forced to move out of Central The high cost of renting an office in Hong Kong is forcing more consulates out of core districts. At least three have relocated recently or are planning to do so. The consulate of Sweden has moved from the Hong Kong Club Building in Central to the Bank of East Asia Harbour View Centre in Wan Chai, while the Romanian consulate has shifted from the Lippo Centre ...

    http://www.scmp.com/news/hong-kong/article/1073534/high-rents-force-consulates-out-central-district
  8. News - Hong Kong - PROPERTY

    Retiree left homeless after being locked out of his Sai Kung house by strangers

    Posted Mar 08th 2014, 02:49am by Ernest Kao

    ... leasing of the site appears as murky as the system that has let him occupy it for years.   ...

    http://www.scmp.com/news/hong-kong/article/1443055/retiree-left-homeless-after-being-locked-out-his-sai-kung-house
  9. News - Hong Kong - PROPERTY

    Outdated licensing law 'behind New Territories land disputes'

    Posted Mar 08th 2014, 02:49am by Ernest Kao

    ... The so-called crown land licences were introduced in the 1970s at nominal fees to rationalise the prevalence of squatters occupying government land. This may be less relevant today, but the outdated ...

    http://www.scmp.com/news/hong-kong/article/1443058/outdated-licensing-law-behind-new-territories-land-disputes
  10. Business - Companies - PROPERTY

    New prime office space in Central up for lease

    Posted Aug 23rd 2012, 12:00am by Yvonne Liu

    ... space in Central up for lease CCB Tower in Central, a new office building developed by a consortium of China Construction Bank and Lai Sun Development, has been released in the market for lease. ... will be occupied by China Construction Bank. According to Jones Lang LaSalle, the leasing agent for the building, the asking rents ranged from HK$150 to HK$160 per square foot on lettable floor area. ...

    http://www.scmp.com/business/companies/article/1021284/new-prime-office-space-central-lease

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