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  • September 3, 2014
  • Last updated: 4:41am
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  1. Property - Hong Kong & China - ACQUISITIONS

    SOHO China on lookout for acquisitions in prime locations

    Posted Aug 21st 2014, 02:03pm by Peggy Sito

    ... profit rose 29 per cent to about 2.7 billion yuan. In February, the group disposed of SOHO Hailun Plaza and SOHO Jingan Plaza, both in Shanghai, by equity transfers for a total consideration ...

  2. Property - Hong Kong & China

    Li-linked firm sells Shanghai building for 1.5b yuan

    Posted Aug 12th 2014, 10:53am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com ARA Asset Management, a manager of real estate investment trusts partly owned by billionaire Li Ka-shing, is selling its International Capital Plaza ... International Capital Plaza has 41,493 sq metres in office space and 14,402 sq metres in retail space. ARA Asset Management bought the building for US$176 million in 2011. The firm sold Nanjing IFC ...

  3. Business - China Business

    Miner plans HK$405.65m rights issue to fund real estate deal with director

    Posted Aug 19th 2014, 11:20am by Enoch Yiu

    ... Sky Holdings. The deal will allow the miner to move into real estate as China Sky’s main business is the development of Jintang New City Plaza, a residential and commercial development project ...

  4. Business - Companies - BUSINESS

    Cecil Chao paves way for Gigi to take over Cheuk Nang despite lesbian wedding row

    Posted Aug 06th 2014, 04:41am by Yvonne Liu

    ... be the tender of Cheuk Nang Plaza in Wan Chai and the sale of units in Opus, a residential project in Shenzhen. The company has appointed agency JLL to handle the tender of its headquarters at Cheuk Nang Plaza. The tender will close on September 23. The 32-storey office building at 250 Hennessey Road has a total gross floor area of 55,622 square feet. The indicative price of the building ...

  5. Business - Companies - DISPOSALS

    Li Ka-shing to sell Shanghai property assets worth HK$6 billion

    Posted Aug 12th 2014, 07:29pm by Jasper Moiseiwitsch and Yvonne Liu

    ... ARA Asset Management, a manager of real estate investment trusts part owned by Li, is selling its International Capital Plaza in Shanghai for 1.54 billion yuan (HK$1.94 billion), according ...

  6. Business - Companies - PROPERTY

    Hopewell to spin off Hong Kong property arm

    Posted Feb 09th 2013, 12:00am by Sandy Li

    ... to be completed in 2015, it will have 835,000 sq ft of gross floor area. Its 3.03 million sq ft investment property portfolio, including its flagship Hopewell Centre, QRE Plaza and Wu Chung House, ...

  7. Business - Economy

    Bangladesh secures orders for up to US$500m in soccer shirts

    Posted Jun 12th 2014, 01:10am by AFP

    ... Germany, France, Spain, Belgium, Italy and Portugal," Hatem said. The orders came despite a series of disasters in the Bangladesh garment industry, including the Rana Plaza factory collapse ...

  8. Property - Hong Kong & China - PROPERTY

    Asian banks snap up prime office space in Central

    Posted May 12th 2014, 02:58am by George Chen, Yvonne Liu

    ... banks on tight budgets that are keen to cut costs. Singapore's United Overseas Bank (UOB) recently signed a new lease to occupy more than 30,000 sq ft in Citibank Plaza at 3 Garden Road ...

  9. Business - Comment - LAI SEE

    Reality punctures Dragonair's version of flight delay

    Posted May 06th 2014, 12:02am by Howard Winn

    ... the public from noise and dust. However, the hoarding that has been erected while a ground floor shop is renovated at Carnarvon Plaza- at 20 Carnarvon Road, Tsim Sha Tsui- encroached three feet ...

  10. Business - Money - FUNDRAISING

    Fosun eyes HK$5b from rights offer after stock rally

    Posted Apr 11th 2014, 12:59am by BLOOM

    ... (HK$10.7 billion). In October, the conglomerate said it would buy New York's 1 Chase Manhattan Plaza office building for US$725 million. Guo's closely held Fosun Holdings, which owns 79 ...




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