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  • August 23, 2014
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  1. SHKP expects 20pc rental rise at apm

    Posted Jun 07th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Sun Hung Kai Properties expects rental income from its flagship mall in Kowloon to increase 20 per cent to HK$350 million this year as tenants have registered brisk sales since January. Maureen Fung Sau-yim, SHKP leasing department general manager, said the apm shopping mall next to Kwun Tong MTR station would reach targeted sales of HK$1.38 billion ...

  2. Swire looks to a rosy rental future on mainland

    Posted May 11th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Swire Properties expects to see strong growth in rental income from its mainland investment properties over the next three years as new projects come on stream. ... construction and were due for phased opening in 2014 and 2016. Cubbon predicted a rise in rental income after the projects started operating, but sounded a note of caution over the mainland property ...

  3. Expensive loans and loss of deposits hit smaller banks

    Posted Apr 21st 2011, 12:00am

    ... Lulu Chen Hong Kong may be awash with cash, but that liquidity is not trickling down to the city's small and medium-sized banks. And bankers said the situation was not likely to change any time soon. Some bankers said that since the beginning of this ...

  4. Developers offer rental guarantees

    Posted Dec 03rd 2004, 12:00am by Sandy Li

    ... Sandy Li and Ernest Kong Henderson and SHKP promise annual returns of up to 5pc Developers are offering guaranteed rental returns of up to 5 per cent a year, in a bid to compete with other investment products and lure more cash-rich investors to the residential market. Henderson Land Development said it would offer a 5 per cent annual rental guarantee for two years to buyers of its ...

  5. Four Seasons boosts SHKP rental income

    Posted Mar 21st 2007, 12:00am by Sandy Li

    ... Sandy Li Sun Hung Kai Properties says it has generated about HK$650 million rental income from its serviced apartment portfolio last year, boosted by contributions from the deluxe Four ... Seasons Place- which charged tenants between HK$58 and HK$81 per square foot per month- made HK$300 million in rental income. Besides Four Seasons Place, the developer also owns a portfolio of 600 ...

  6. Supply growth and rental income lift Towngas earnings

    Posted Mar 20th 2007, 12:00am by Denise Tsang

    ... Denise Tsang Hong Kong and China Gas (Towngas), the city's dominant piped-gas supplier, reported a 5.3 per cent rise in recurring profit last year to HK$3.22 billion on moderate growth in gas supply and property rental income. Including HK$1.77 billion in sales of residential units and a revaluation gain of HK$858.8 million from investment properties, attributable profit ...

  7. Swire Pacific bullish on rental growth

    Posted Mar 10th 2006, 12:00am by Ken Lo

    ... Ken Lo Conglomerate aims to adopt aggressive investment strategy on the mainland Swire Pacific sees a substantial upside in rentals from property investment this year and aims to adopt ... to concerns that the company's revenue, particularly from rental income, had lagged behind the market average. Swire yesterday reported net profit of $18.75 billion for the year to December, down ...

  8. Rental guarantee pays off for Henderson

    Posted Dec 06th 2004, 12:00am by Sandy Li

    ... Sandy Li Henderson Land Development's 5 per cent annual rental guarantee for the first two years to buyers of its Grand Promenade project in Sai Wan Ho has lured investors away from ... Thursday, SHKP also promised a 4 per cent annual rental guarantee for the first two years to buyers of 8 Waterloo. In practice, the promotion is a rebate offered to buyers, including end-users, ...

  9. Hon Kwok adds value to handful of office blocks

    Posted Oct 10th 2007, 12:00am by Peggy Sito

    ... of HK$25 per square foot for office space and HK$50 for the retail area. Mr Fung said the improved rents would give the company a stable rental income and help pay for some expenses in its mainland ... some of its office floors into retail use and some will be turned into guesthouse units. The move should increase the asset values of the properties and raise recurrent rental income ...

  10. Most coveted rental: the safety deposit box

    Posted May 02nd 2004, 12:00am by Chris Oliver

    ... in the basement of HSBC's headquarters in Central. The annual rental for a bread loaf-sized deposit box is $2,950- but you'll have to wait upwards of eight years before one comes available, ...




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