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  • September 23, 2014
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  1. Property - Hong Kong & China - EARNINGS

    Midland losses narrow as new homes sales rebound

    Posted Aug 27th 2014, 01:27am by Sandy Li

    ... in rental, advertising and salary expenses. "At the same time, we strengthened our sales team by hiring 160 agents to increase market share," she said. Midland shares rose 2.08 per cent ... market," Tam said. But Susanna Leung Sze-wai, a senior research analyst at brokerage CLSA, said property agents needed to spend more on rebates to encourage home-seekers. Midland's expenses ...

    http://www.scmp.com/property/hong-kong-china/article/1580996/midland-losses-narrow-new-homes-sales-rebound
  2. Comment - Insight & Opinion - JAKE'S VIEW

    Posh property expensive? It's Hong Kong meting out justice

    Posted Nov 25th 2012, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp Global guides miss the complexity and economic redress lurking behind high real estate values Posh property expensive? It's Hong Kong meting out justice HK rises ... of about HK$1,200 apiece. Pricey? In fact, public housing tenants are effectively paid to occupy their homes. Management, maintenance and other costs amount to more than rental income. The Housing ...

    http://www.scmp.com/comment/insight-opinion/article/1090140/posh-property-expensive-its-hong-kong-meting-out-justice
  3. A ticket to the West End still the most expensive

    Posted Aug 17th 2005, 12:00am by Peggy Sito

    ... other notable movements in the top 10 most expensive locations include the jump by Hong Kong from 17th place in December 2004 to eighth in the current survey as a result of strong rental growth. ... that the occupation cost of prime office space in the West End is some 36 per cent higher than anywhere else in the world, it said. Strong rental growth in Tokyo means the city's Inner Central ($131 sq ...

    http://www.scmp.com/article/512422/ticket-west-end-still-most-expensive
  4. Property - International - SPECIAL REPORT: PROPERTY MATTERS

    Japan's property market is making a comeback

    Posted Sep 17th 2014, 05:52am by Peta Tomlinson

    ... look to be better value for money, and the rental returns are appealing." Luxury apartments in the top-end development Roppongi Hills hover around 2 million yen per square metre, Ward ... pay for a luxurious penthouse- with a big roof terrace, two kitchens and maid's room- is about 3 million yen per square metre. People tell me that's cheap." Rental yields run ...

    http://www.scmp.com/property/international/article/1593921/japans-property-market-making-comeback
  5. Business - Companies - BOARDROOM

    Hertz agrees to replace three directors in investor deal

    Posted Sep 13th 2014, 04:47am by Bloomberg

    ... Bloomberg in Southfield, Michigan Car rental company will appoint three associates of the investor to the board as part of a deal Hertz reaches agreement with Icahn over directors Hertz Global Holdings has reached an agreement in principle with investor Carl Icahn to appoint three directors to the board of the rental car company in place of current members. Hertz would add Icahn ...

    http://www.scmp.com/business/companies/article/1591245/hertz-agrees-replace-three-directors-investor-deal
  6. Property - Hong Kong & China - PROPERTY

    Cofco sees joy in growing mall rentals from Chinese cities

    Posted Jul 07th 2014, 05:28am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Cofco sees joy in mall rental income strategy Cofco Land, a state-backed mainland commercial property developer, opened its sixth Joy City complex yesterday, as part of the company's strategy to eventually generate half of its revenues from rental income, up from less than 10 per cent now. The developer planned to operate 20 such projects ...

    http://www.scmp.com/property/hong-kong-china/article/1548272/cofco-sees-joy-growing-mall-rentals-chinese-cities
  7. Property - Hong Kong & China - COMMERCIAL

    Legal sector driving office-rental market in Central, CBRE reports

    Posted Sep 05th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Legal sector driving office rental market in Central The legal sector has become one of the main drivers of the Hong Kong office-rental market, particularly ... and in the second case to become more efficient in expensive locations and allow the company to grow within its existing footprint. A recent study by CBRE details the challenges now being faced ...

    http://www.scmp.com/property/hong-kong-china/article/1029465/legal-sector-driving-office-rental-market-central-cbre
  8. Business - China Business

    China express firms opt for self pick-up outlets to save on costs

    Posted Sep 08th 2014, 04:12am by CHIM SAU-WAI

    ... in China has suffered from thin margins over the years from cut-throat competition. Jingdong's second-quarter results this year showed that its fulfilment expenses, including warehousing and delivery expenses, increased 105 per cent from a year ago to 2 billion yuan. "China's delivery firms want to explore the overseas market, as making money in the mainland ...

    http://www.scmp.com/business/china-business/article/1587423/china-express-firms-opt-self-pick-outlets-save-costs
  9. News - Hong Kong - TRANSPORT

    Coastal Tsuen Wan-Tuen Mun railway not worth the cost, minister says

    Posted Sep 21st 2014, 05:14am by SHIRLEY ZHAO

    ... it would have been too expensive to build and not profitable enough to operate, Secretary for Transport and Housing Professor Anthony Cheung Bing-leung said. He said the cost of building the line ... Tong, Hong Kong Island north of the current line, Southern District, Tung Chung, Yuen Long and planned new towns in the northeastern New Territories would all benefit. The most expensive project ...

    http://www.scmp.com/news/hong-kong/article/1597066/coastal-tsuen-wan-tuen-mun-railway-not-worth-cost-minister-says
  10. Lawmakers say 20pc expenses raise is not enough

    Posted Apr 13th 2012, 12:00am

    ... The government has postponed a plan to increase office expenses for lawmakers by 20 per cent, after Legislative Council members argued that the sum was not enough. This comes after ... cent increase, from HK$73,150 per month to HK$80,465. Meanwhile, the proposal on office expenses, which was to be put to the Finance Committee today, has been shelved pending talks between ...

    http://www.scmp.com/article/998116/lawmakers-say-20pc-expenses-raise-not-enough

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