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  • September 18, 2014
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  1. Property - International

    Irish reit taps rise in office rents

    Posted Sep 10th 2014, 04:43am by Reuters

    ... benefited from a 25 per cent rise in office rents last year and predicts an increase of a further 15 per cent this year. "There's clearly more rental growth on office [properties] because ...

    http://www.scmp.com/property/international/article/1588771/irish-reit-taps-rise-office-rents
  2. Business - Money - LISTINGS

    IPO hopefuls to face off against Alibaba for investment capital

    Posted Sep 09th 2014, 04:42am by Ray Chan

    ... with Alibaba After a summer holiday lull, listing hopefuls in Hong Kong including China Auto Rental, the mainland's largest car rental firm, will engage in head-to-head competition with Alibaba, ... the most adversely affected by Alibaba, since they are in direct competition with the same bracket of investors." China Auto Rental plans to raise up to HK$3.6 billion in a Hong Kong offering. ...

    http://www.scmp.com/business/money/markets-investing/article/1588173/ipo-hopefuls-face-against-alibaba-investment
  3. Comment - Letters

    What's being said on facebook.com/southchinamorningpost

    Posted Sep 14th 2014, 04:39am by LETTERS

    ... On HK's domestic helpers asking to be paid minimum wage: William Chan- Things are more and more expensive in HK and some of the helpers are asked to do extra work like cleaning their master's cars and walking the dogs. HK$4,500 is fair enough. Bendey Chik- With no food and living expenses, most maids' living standards are better than many 10k/month working class. All ...

    http://www.scmp.com/comment/letters/article/1591792/whats-being-said-facebookcomsouthchinamorningpost
  4. Property - Hong Kong & China - HOUSING

    Supply of Hong Kong flats below HK$3m drops

    Posted Sep 16th 2014, 11:27am by Sandy Li

    ... offered for HK$2.6 million with leases. She said the unit on the fifth floor has been subdivided into three rooms and now generates a monthly rental income of about HK$8,000 per month. ...

    http://www.scmp.com/property/hong-kong-china/article/1593176/supply-hong-kong-flats-below-hk3m-drops
  5. News - Hong Kong - SOCIETY

    PMQ accused of not opening its space to the community

    Posted Aug 08th 2014, 05:28am by Ada Lee

    ... it was usually exhibitions of expensive brands. "Some owners' corporations wanted to hold meetings … there, PMQ wouldn't even tell them the rent," he said. Cheung Kai-yin, a project ... They said it was for the community … but in fact it's all for big enterprises." A PMQ spokesman said they had discussed the issues of space rental, traffic and noise impact ...

    http://www.scmp.com/news/hong-kong/article/1568557/pmq-accused-not-opening-its-space-community
  6. Business - Comment - THE VIEW

    So you want to run a restaurant?

    Posted Jul 16th 2014, 12:12pm by Stephen Vines

    ... to a bigger building that contained both offices and shops, but the rental price difference seemed to be too great to justify the extra expense. We foolishly imagined that evening customers would ... , as soon as they have become successful rental prices catch up with the new situation and rise accordingly, making the new areas every bit as expensive as areas they have vacated in search of lower ...

    http://www.scmp.com/business/article/1555307/so-you-want-run-restaurant
  7. 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
  8. Hong Kong tycoon orders fleet of 30 Rolls Royce Phantoms for HK$155 million

    Posted Sep 17th 2014, 02:19pm

    ... in early 2016. Rolls-Royce said two of the cars will be the most expensive Phantoms ever commissioned, complete with “gold-plated accents” on the outside and interior. Louis XIII Holdings said ...

    http://www.scmp.com/article/1594596/hong-kong-tycoon-orders-fleet-30-rolls-royce-phantoms-hk150-million
  9. Property - Hong Kong & China - ACQUISITIONS

    Cofco Land in talks to buy malls from parent

    Posted Jul 29th 2014, 03:35pm by Langi Chiang

    ... including the issuance of shares or new debt. However, he said cash flow was positive and that the company enjoyed easier and cheaper access to relatively expensive onshore bank loans than its ... in Hong Kong, Shanghai and Beijing, to speed up the expansion of its core Joy City shopping malls in order to generate a stable rental income, Zhou said. Another Joy City mall is being built ...

    http://www.scmp.com/article/1558974/cofco-land-talks-buy-malls-parent
  10. Business - Banking & Finance - LISTINGS

    Sewage firm ELL Environmental seeks HK$120m in Hong Kong float

    Posted Sep 12th 2014, 11:19am by Ray Chan

    ... will raise about HK$68 million after expenses, with 70 per cent of the newly raised funds to be used for capital expenditure. ELL Environmental is taking orders from retail investors until September ...

    http://www.scmp.com/business/banking-finance/article/1590745/sewage-firm-ell-environmental-seeks-hk120m-hong-kong-float

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