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  1. Beijing office rents more expensive than New York

    Posted Feb 07th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Helped by growing demand and a shortage of supply, Beijing office rents soared last year, making it the world's fifth most expensive city for office ... expensive office locations. Beijing achieved the largest increase last year of any city in the world, it said. With an annual occupation cost of US$130 per sq ft, it ranked the fifth most costly ...

  2. Hong Kong's CBD is the fourth most expensive

    Posted May 26th 2004, 12:00am by Staff Reporter

    ... Ernest Kong Hong Kong's central business district (CBD) is the fourth most expensive business district in China after Pudong in Shanghai and two in Beijing, according to a CB Richard Ellis report. Slower growth in Hong Kong's office rental market was seen in the first quarter after a surge in activity towards the end of last year. The property consultant said total ...

  3. Colliers optimistic on Beijing office rentals

    Posted Jan 26th 2011, 12:00am by Peggy Sito

    ... Peggy Sito Property consultant Colliers International is optimistic on the outlook for the Beijing office property market over the short to medium term, helped by strong economic growth and limited new developments in the pipeline over the next two to thr ...

  4. Profits and expenses surge at state-owned enterprises

    Posted Jul 20th 2011, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Profits at state-owned enterprises rose 22.3 per cent in the first half of the year compared with a year ago, but their expenses also increased ... by local governments saw a 30.5 per cent increase in profits to 360 billion yuan. The combined revenue of all the companies jumped 24.2 per cent to 17.4 trillion yuan, while expenses rose 24.5 per ...

  5. Games are indeed expensive, but it's been money well spent

    Posted Aug 11th 2008, 12:00am by Wang Xiangwei

    ... and HK$1.14 billion. Overseas media also like to trumpet the fact that the mainland has spent an estimated US$43 billion on preparations for the Games, making it the most expensive in Olympic history. ...

  6. Expensive lessons in life as greed rears its ugly head

    Posted Apr 07th 2008, 12:00am by Staff Reporter

    ... Al Guo in Beijing For 57-year-old Li Shuhong, the past year as a retail investor in the mainland stock market had taught her much more about life than the past five decades. 'Don't be greedy, and always remind yourself that good things will not ...

  7. Beijing Capital sees 5pc rise in expenses after rate move

    Posted Mar 20th 2007, 12:00am by Kandy Wong

    ... Kandy Wong Beijing Capital Land, the property development arm of the Beijing municipal government, expects its expenses to rise 5 per cent after the mainland raised interest rates. On Saturday, the People's Bank of China raised the one-year lending rate to 6.39 per cent from 6.12 per cent and the one-year deposit rate to 2.79 per cent from 2.52 per cent. The increase, ...

  8. Lax vetting of policies expensive

    Posted Apr 19th 2004, 12:00am by Staff Reporter

    ... Alice Yan Beijing insurance companies lost 1.3 billion yuan due to false claims from 2000 to last year, the city's insurance watchdog has revealed. 'Last year alone, insurance companies in Beijing paid 2.3 billion yuan in compensation. Between 2 ...

  9. Emperor's site keeps place in sun

    Posted Aug 01st 2007, 12:00am by Peggy Sito

    ... in the 60-storey Fortune Heights- part of the second phase development of Beijing Fortune Plaza- at an average price of 40,000 yuan per square metre. The most expensive unit will be offered for as much ... eight million yuan to 16 million yuan, while the most expensive unit will cost more than 32 million yuan. Mr Ng said the prices were reasonable when compared to similar projects. Typical units ...

  10. Property - Hong Kong & China - PROPERTY DIGEST

    Property Digest, February 27, 2013

    Posted Feb 27th 2013, 12:00am by Bloomberg

    ... billion, is being offered for tender. The 23-storey commercial building includes 101,846 square feet of gross floor area with an annual rental income of HK$23 million, according to the sole agent, ... rental yield between 3 and 4 per cent. The tender will close at the end of March. Sandy Li ...




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