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  • October 22, 2014
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Results 1 - 10 of 2998 for rental expense

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  1. Rental, staff expenses erode Midland profits

    Posted Mar 10th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Lower commission income, higher rental expenses and increasing staff costs drove Midland Holdings into the red in the second half of last year, but the property agency was still ... 'The operating environment was challenging in the second half. Not only did the market slow down, but the group's rental expenses also rose, hurting earnings,' chairman Wong Kin-yip ...

  2. HK rentals push away mainland retail giant

    Posted Jan 16th 2006, 12:00am by Sandy Li

    ... the possibility of opening new stores in Hong Kong. 'Expensive rentals have made it increasingly difficult for retailers to operate in Hong Kong as profit margins will be significantly squeezed ...

  3. Luk Fook profits off 24pc on rents, labour

    Posted Jul 25th 2006, 12:00am by Andy Chen

    ... for the 12 months to March 31 from $125.8 million a year ago despite a 8.4 per cent gain in turnover to $2.12 billion. Luk Fook said increases in rental and labour expenses hurt earnings and bad weather reduced the number of tourists at its Hong Kong outlets. Labour costs accounted for 7.3 per cent of sales during the period as the company raised staff salaries 6 per cent. Rental expenses ...

  4. Businessman pays record rent for Four Seasons flat

    Posted Jul 05th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Serviced suite on Central waterfront fetches close to $500,000 a month Four Seasons Place has set a new record for the most expensive serviced apartments in Hong Kong, after ... in the 60-storey high-end serviced suite tower, part of the IFC complex in Central, according to Judy Chai, executive director of Sallmanns Residential, who clinched the deal. The total rental under ...

  5. HK's tallest building gets rent to match

    Posted Feb 01st 2006, 12:00am by Yvonne Liu

    ... Properties and Henderson Land Development, could find tenants only by charging an effective rental of $20 per sq ft after taking into consideration rent-free periods offered as an inducement. ... rented a small unit in One IFC on a high level for $93 per sq ft last month and the asking rental for a 2,000 sq ft unit on the 67th floor was now about $98 per sq ft. Henderson Land sales ...

  6. High price for Causeway Bay shop

    Posted Mar 25th 2006, 12:00am by Yvonne Liu

    ... Yvonne Liu Emperor International Holdings has bought a small shop in Causeway Bay for $126,923 per square foot- one of most expensive unit prices in Hong Kong. Elwyn Chan, general manager ... by a Chinese dessert restaurant. The monthly rent jumped to more than $316,800 from $280,000 after the lease was renewed recently. The shop will offer a rental yield of 2.3 per cent. The new lease ...

  7. New lease of life for public rental housing estates

    Posted Oct 14th 2006, 12:00am by Celine Sun

    ... Celine Sun While two estates are to be spruced up, the hours are ticking away before the demolition men move into the city's oldest one Two of the city's oldest public rental ... and the toilets are usually too small compared to those in new buildings.' The Housing Department launched a comprehensive structural investigation programme last year for public rental housing ...

  8. HK Club lands rental windfall

    Posted Aug 09th 2006, 12:00am by Enoch Yiu, Peggy Sito

    ... will be back in the club's hands when current owner Hongkong Land leaves in about three years due to an historical agreement- giving the club HK$100 million a year in rental income. Hong Kong Club ... for all the costs and it was able to recover it from the rentals,' said James Blake, a former chairman of the club. Under the agreement, rental incomes from the office tower were ...

  9. Home rentals driving up consumer prices

    Posted May 23rd 2006, 12:00am by Dennis Eng

    ... Dennis Eng Rising rentals for housing will continue to be the main factor driving up consumer prices, which rose by 1.9 per cent year on year in April and are expected to climb steadily ... estimate of 2 per cent. Public and private housing, which accounts for almost 30 per cent of the index, increased by 4.9 per cent, of which private housing rentals jumped by 5.9 per cent in April. ...

  10. Fall in Tokyo office rental yields prompts funds to look elsewhere

    Posted Apr 26th 2006, 12:00am by Yvonne Liu

    ... grade-A offices as rental yields fall behind the price appreciation of these properties, according to property consultants. Some were switching to non-office assets in the hope of achieving higher ... provide higher rental yields,' said Noboru Hirabayashi, global corporate services senior manager at DTZ Debenham Tie Leung. He said rental yield of grade-A offices in Tokyo had fallen ...




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