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  • October 23, 2014
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  1. Eight bidders vie for old Hang Seng tower

    Posted Apr 27th 2006, 12:00am by Yvonne Liu

    ... Yvonne Liu Morgan Stanley, a major developer and a bank have submitted bids for the 44-year-old Hang Seng Building in Central which property agents say should fetch about $2.6 billion ... The joint venture bought 139 Queen's Road Central for $655 million from DBS Bank last month. It acquired a majority stake in service apartment firm Shama from Macquarie this month after selling ...

  2. First-phase IFC Mall tenants face 10pc increase in rent

    Posted Jan 27th 2004, 12:00am by Staff Reporter

    ... Kai Properties seeks to catch up with rivals in Central. Average rents at the mall ranged from $100 to $150 per square foot, SHKP leasing department general manager Lawrence Wu said. ... Mall continue to be stable and by the second quarter of 2004, the mall will be over 90 per cent occupied,' Mr Wu said. That would be up from 80 per cent now. He said the Christmas retail ...

  3. Morgan Stanley venture wins Hang Seng tower

    Posted Apr 29th 2006, 12:00am by Peggy Sito, Yvonne Liu

    ... in Central with the highest bid of $2.1 billion, according to sources close to the deal. The investment fund, in a joint venture with pan-Asian real estate fund Pamfleet (HK), beat seven rivals to win the 23-storey office block in the second-biggest transaction in Central so far this year. A spokeswoman at Morgan Stanley said she was not aware the joint venture had been awarded ...

  4. Central Huijin to move shares in Bocom to Ministry of Finance

    Posted Mar 27th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Central Huijin Investment, a subsidiary of China Investment Corp, will transfer its shares in Bank of Communications to the Ministry of Finance in an attempt to reallocate resources for overseas investment. Under the agreement, Huijin, which was integrated into a foreign exchange investment agency last year, will shift three billion H shares in the fifth-largest ...

  5. Central Park Towers launch lifts home sales

    Posted Aug 29th 2007, 12:00am by Yvonne Liu

    ... in Central Park Towers in Tin Shui Wai. Transactions in the primary market, which had languished since the beginning of the year as developers focused on selling remaining units in projects already launched, surged last week to more than 1,120 from 37 a week earlier, thanks to the launch of Central Park Towers. Property agents said about 98 per cent of the transactions came from the pre-sale ...

  6. Poor terms

    Posted Jun 16th 2012, 12:00am

    ... for immigration and customs purposes and baggage facilities. But officials have misled the public, because these facilities have always existed and the area they occupy shouldn't come under ... include the running of the Cross-Harbour Tunnel. The government recently announced that it would use the same model for the redevelopment of the west wing of the central government offices. So why ...

  7. Pou Sheng, Central China tumble on debuts

    Posted Jun 07th 2008, 12:00am by Staff Reporter

    ... Jonathan Yang Shares in Pou Sheng International (Holdings) and Central China Real Estate both dived on their first trading day on the main board yesterday as investors remained lukewarm ... at HK$2.61. That brought retail investors a paper loss, excluding expenses, of about HK$440 for each board lot of 1,000. Central China raised about HK$1.38 billion from its 500 million share public ...

  8. Central bank chief seeks break-up of Agricultural Bank

    Posted May 22nd 2006, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai Weakest of the Big Four wants equal treatment and a listing in Hong Kong The central bank chief has proposed dismantling the Agricultural Bank of China, ... turning it into a large number of local banks. To help these banks start with a clean slate, the provincial and central governments would take over its bad debts, estimated at between US$60 ...

  9. PEAK of style

    Posted Jun 08th 2012, 12:00am

    ... in Bilbao, Spain, Opus comprises two double-level garden apartments and 10 apartments of 6,000 sq ft to 6,900 sq ft, each unique in design and occupying an entire floor of the 12-storey building. ... project, Kennedy Park at Central, offering 50 luxury apartments. Wing Tai Properties has a 77-unit development at 1-2 Coronation Terrace. Other projects include Chinese Estates and New World ...

  10. Admiralty office prices reach new heights

    Posted Apr 27th 2011, 12:00am

    ... 'But all grade-A office prices in Admiralty and Central went beyond their previous peak levels after sharp increases in the first quarter,' said Eric Ong, sales director of the office ... record high of HK$24,550 in 1997. 'Buyers are expecting that the image of Admiralty will improve after the new government headquarters are completed and occupied at the end ...




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