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  • October 24, 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. 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 ...

  3. 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, ...

  4. 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 ...

  5. 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 ...

  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. 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 ...

  9. Despite dollar doldrums, Asian central bankers have little choice

    Posted Feb 26th 2005, 12:00am by Tom Holland

    ... Tom Holland IT HAS BEEN a turbulent week in Asia's foreign exchange markets. Rumours, hastily denied, that Asian central banks were planning to sell US dollars sent the American ... officials and central bankers. For many foreign exchange dealers, this seemed to confirm their worst fears: a sinister conspiracy among Asian governments to manipulate the world's currency ...

  10. CapitaLand opens US$350m complex in central Shanghai

    Posted May 17th 2004, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai CapitaLand, a major investor in China's real-estate market, has opened one of the biggest property investments by a Singapore firm in central Shanghai- the US$350 million Raffles City shopping centre and office complex. Overlooking People's Square, the 59-storey building took nine years to complete and has 87,000 square metres of office space ...




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