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  • September 24, 2014
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  1. Business - Companies - RESULTS

    Retailer to expand circle on mainland China

    Posted Mar 28th 2013, 12:00am by PAUL SOH

    ... by 1 per cent- despite escalating rental expenses and rising operating costs as the retail group streamlined its operations by integrating Circle K and Saint Honore management and operating teams ... and escalating expenses, we expect consumer sentiment to improve in the second half of 2013," said Richard Yeung, chief executive of Convenience Retail Asia. Yeung said that although operating ...

    http://www.scmp.com/business/companies/article/1201333/retailer-expand-circle-mainland-china
  2. Furniture rental gains popularity

    Posted May 07th 2010, 12:00am by Staff Reporter

    ... compelling reason to lease,' says Christopher Exline, chief executive officer at Home Essentials, an international furniture rental company. Expatriates also don't have to worry about disposing of their furniture when they leave the city. Exline says that short-term furniture rental, on a weekly and monthly basis, is the most popular choice among his local clients. With Home ...

    http://www.scmp.com/article/713704/furniture-rental-gains-popularity
  3. Beijing developer pitches city's rental yields to HK investors

    Posted Dec 03rd 2003, 12:00am by Peggy Sito

    ... 'Rental return is the most important factor in deciding where to invest. Returns [in Hong Kong] remain low. But the return on our project in Beijing can reach more than 10 per cent a year.' Winnie Yip, director and general manager of the Beijing office of DTZ Debenham Tie Leung, confirmed that rental returns in the city were attractive. 'Rental returns on Beijing residential ...

    http://www.scmp.com/article/436728/beijing-developer-pitches-citys-rental-yields-hk-investors
  4. Soft rental market reins in Macau property spiral

    Posted Nov 21st 2004, 12:00am by Chris Oliver

    ... By some yardsticks residential prices in the gambling enclave now seem well ahead of fundamentals. Rentals in the middle-to-luxury sectors are only about half that of comparable Hong Kong property, according to Macau-based realtor Warren Rooke. That means investors counting on double-digit rental incomes to pay off hefty mortgages are walking a fine line. Mr Rooke says he has about ...

    http://www.scmp.com/article/478963/soft-rental-market-reins-macau-property-spiral
  5. Mainland taste for the expensive grows

    Posted May 20th 2005, 12:00am by Mark O'Neill

    ... their friends, family and colleagues, to distinguish themselves from the masses, and to join the global community of owners of expensive things. Last year, Chinese accounted for 12 per cent of global ...

    http://www.scmp.com/article/501225/mainland-taste-expensive-grows
  6. High-end eatery moving to top of new TST mall

    Posted Jun 23rd 2010, 12:00am by Sandy Li

    ... space at a lower rental. It will also open another 8,000 sq ft outlet in the World Trade Centre in Causeway Bay, said Jeannette Chan, a regional director for the retail department at Jones Lang ... of the 24-storey retail complex will begin next month. Commitments had been signed with tenants for about 80 per cent of the retail space at The One, at monthly rentals of around HK$400 per sq ft ...

    http://www.scmp.com/article/717822/high-end-eatery-moving-top-new-tst-mall
  7. Walker bets on upswing to boost footprint

    Posted Nov 13th 2009, 12:00am by Charlotte So

    ... and sales training. The company would replicate the concept at other shops if it proved successful, he said. Rental expenses- which account for 30 per cent of total operating costs- for the new ...

    http://www.scmp.com/article/698204/walker-bets-upswing-boost-footprint
  8. Sky-high rents send retailers packing

    Posted Jul 27th 2005, 12:00am by Sandy Li

    ... Sandy Li Rents for street-level shops in Causeway Bay- among the most expensive in Hong Kong- will taper off in the fourth quarter as major retail chains have stopped signing leases in the face of expensive rental costs, according to agents. Wong Wai-kei, sales director at Centaline Property Agency's commercial, industrial and shop department, said rent growth in Causeway ...

    http://www.scmp.com/article/509780/sky-high-rents-send-retailers-packing
  9. Rising rents prompt warning

    Posted Jul 21st 2004, 12:00am by Peggy Sito

    ... is about 90 per cent leased. 'So this time next year, the situation will be quite different. Rentals will become more expensive,' Mr Cruz said. Mr Cruz said Hong Kong should be careful ... most-expensive city in the world in which to rent office accommodation. Exchange Square commanded a monthly rental of more than $100 per square foot when the office market peaked in 1994, about three ...

    http://www.scmp.com/article/463696/rising-rents-prompt-warning
  10. Designer stores return to city

    Posted Nov 26th 2003, 12:00am by Sandy Li

    ... Sandy Li International retailers are being lured back by low rentals and big spenders Six years ago, it was not uncommon to hear luxury international brands hit hard by the Asian financial ... a welcome respite for top-end retail landlords reeling under a sharp decline in rentals and growing pressure to find quality tenants. An increasing number of renowned retailers such as Louis ...

    http://www.scmp.com/article/435985/designer-stores-return-city

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