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Results 1 - 10 of 23 for property outlook 2013

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  1. R&F Properties pays 1.02b yuan for Beijing residential site

    Posted May 22nd 2009, 12:00am by Yvonne Liu

    ... market. However, he said it was too early to say the market had recovered. 'The property market will recover when the economy improves, but that hasn't happened. The outlook ... Yvonne Liu In a sign of confidence returning to the property market, Guangzhou R&F Properties clinched its first land purchase in more than a year yesterday by outbidding rivals ...

  2. Macau reins in development with rejection of Sands' plan for Cotai

    Posted Dec 04th 2010, 12:00am by Staff Reporter

    ... for an opening beyond 2013,' Lerner said. In 2005 Sands announced plans for a 6,000-room development on the site with four casino hotels- a Hilton, Conrad, Fairmont and a Raffles. But this was put ... the government's announcement, Sands China still has 6,000 rooms funded and under construction with a further 4,000 on the drawing board. Including existing properties, that could bring Sands' total ...

  3. SmarTone hopes upgrade fuels growth

    Posted Sep 08th 2010, 12:00am by Staff Reporter

    ... of Sun Hung Kai Properties, yesterday reported a sevenfold increase in net profit to HK$294 million in its financial year to June from HK$42 million a year earlier, due to strong performance ... HK$275.75 million. 'SmarTone's outlook is reasonably bullish following their latest results, which are in line with our estimates,' Macquarie Securities analyst Lisa Soh said. ...

  4. Hong Kong's export growth revised to 12pc

    Posted Jun 18th 2010, 12:00am by Denise Tsang

    ... chief economist Edward Leung Hoi-kwok said yesterday. The economic outlook in the United States and the European Union, Hong Kong's top two export markets, remained uncertain on the back of a high unemployment rate and sluggish property market in the US; the sovereign debt problem in the EU and a weakened euro, he said. 'We took into consideration the EU and labour cost ...

  5. Soho China to shift its focus to Shanghai

    Posted Mar 12th 2010, 12:00am by Yvonne Liu

    ... investment in Shanghai will exceed the investment amount in Beijing in future.' Including a property revaluation gain of 2.14 billion yuan, net profit surged 727 per cent to 3.3 billion yuan ... and Galaxy Soho with a total gross floor area of 501,000 sqmetres this year. The company refused to disclose its target for contract sales this year, because of the uncertain market outlook. Pan ...

  6. Country Garden bonds net US$300m to fund projects

    Posted Sep 03rd 2009, 12:00am by Peggy Sito

    ... of the company's US$35 million revolving loan facility with Citic Ka Wah Bank. Part of the proceeds will also fund existing and new property projects, including construction costs and land premiums, and for general working capital. 'The response is not bad if the bond is fully subscribed given the uncertain environment,' said David Ng, the head of regional property research at Royal Bank ...

  7. Cathay stake sale bolsters confidence in Citic Pacific

    Posted Aug 19th 2009, 12:00am by Carol Chan

    ... currency bets last year. The move away from the fickle aviation market to focus on bread-and-butter operations such as speciality steel, iron ore mining and mainland property has been generally ... cent. JP Morgan revised the steel-to-property conglomerate's target price up 70 per cent to HK$25.50 and doubled this year's earnings forecast to HK$4.28 billion after the disposal. Mr ...

  8. Cruise ships in HK set to get a whole lot bigger even before Kai Tak's ready

    Posted Apr 10th 2009, 12:00am by Dennis Eng

    ... until the first berth at the new Kai Tak cruise terminal is ready in 2013. Italy's Costa Crociere cruise line plans to base ships weighing between 90,000 gross tonnes and 115,000 gross ... of the economic downturn, but Mr Brancaleoni said the outlook for the cruise industry was 'pretty good'. The government has decided to build a cruise terminal at the former Kai Tak airport after ...

  9. Low rates may not perk up demand

    Posted May 27th 2009, 12:00am by Sandy Li

    ... of property research at Nomura International (Hong Kong). The outlook for economic growth and such key indicators as inflation and the unemployment rate also influenced property-buying decisions, he ... Sandy Li Buoyed by record low interest rates, property developers are lining up to release new projects, although analysts warn that zero rates of return on savings will not be enough ...

  10. God's businessman has eye on Bible theme park

    Posted Nov 23rd 2009, 12:00am by Peggy Sito

    ... empire in the then British colony. But while most tycoons would be happy adding to their collection of fast cars and luxury properties, the devout Christian has other, more spiritual desires. His ... was losing money. Leung decided to sell all his assets- including the luxury cars, his garment business and more than 20 properties- shortly before the Asian financial crisis in 1997. In 1998, he ...




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