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  • October 31, 2014
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  1. Sino Land to beef up residential portfolio

    Posted Mar 18th 2005, 12:00am by Staff Reporter

    ... Foster Wong Sino Land says it will continue beefing up its residential property portfolio in the second half as mounting concerns of an interest-rate rise are unlikely to dampen market ... for residential projects over the next five years. 'Mortgage rates and terms continued favourable, underpinned by strong liquidity in the banking sector,' said Sino Land chairman Robert Ng Chee ...

  2. Business - Companies - EARNINGS

    Wheelock looks ahead to strong growth

    Posted Mar 28th 2013, 12:00am by Peggy Sito

    ... This year, Wheelock expects property sales to jump from HK$6.9 billion last year to HK$10 billion, mainly helped by two new unfinished developments- a joint-venture residential project with New World ... Peggy Sito peggy.sito@scmp.com Property and logistics conglomerate unveils 120 per cent increase in its dividend Wheelock looks ahead to strong growth With a strong pipeline of projects, ...

  3. Property unit prepares to kick off maiden mainland project

    Posted Mar 31st 2005, 12:00am by Sandy Li

    ... Sandy Li Pacific Century Premium Development (PCPD), the property arm of PCCW, plans to start work on its first mainland luxury residential-commercial project this year, redeveloping ... by the middle of next year. PCPD chief executive Robert Lee Chi-hong attributed the strong results to robust demand for luxury residential properties and a buoyant real estate market. 'With ...

  4. Wheelock Properties running out of projects

    Posted Jun 08th 2005, 12:00am by Peggy Sito

    ... investment properties in Hong Kong and Singapore, and a residential development, the Bellagio, in Sham Tseng. Excluding the write-back, the company's net profit would be only $898.7 million. ... the company acquired a site in Heung Yip Road, Wong Chuk Hang, for $455 million during the year. It will be turned into a residential project. The company also acquired some office properties in Hong ...

  5. Property sales boost Shun Tak

    Posted Apr 22nd 2010, 12:00am by Sandy Li

    ... Sandy Li Shun Tak Holdings' underlying net profit surged 510 per cent last year, largely due to a sharp increase in property sales and the disposal of its stake in the former Mandarin ... Lapa Macau, through its subsidiary. Net profit, including a HK$1 billion gain from the revaluation of investment properties, was HK$2.87 billion, compared with HK$101 million in 2008 when ...

  6. Properties lift Swire earnings

    Posted Mar 12th 2004, 12:00am by Staff Reporter

    ... in consumer confidence credited for strong sales of residential apartments. However, the company appeared cautious about the local property market rally, saying it would focus on selling inventory and not have any new residential projects in the coming 12 months. 'We would like to replenish [our land bank] at the appropriate time,' said Swire Properties managing director Keith Kerr. ...

  7. SHKP earnings sink 94.9pc as property slump kicks in

    Posted Mar 12th 2009, 12:00am by Sandy Li

    ... by HK$15 billion if property prices declined 10 per cent, he said. Residential prices fell about 20 per cent last year. Office rentals dropped 14 per cent in the fourth quarter. 'For ... billion from the sale of luxury residential development Cullinan in Kowloon Station and La Grove in Yuen Long. Thomas Kwok Ping-kwong, SHKP vice-chairman and managing director, expects property ...

  8. Kerry expects rise in property returns

    Posted Aug 11th 2004, 12:00am by Sandy Li

    ... Sandy Li The developer tops market forecasts with a profit of $697m for the first half Luxury residential developer Kerry Properties plans to release properties worth about $1.3 billion in Hong Kong and the mainland over the next nine months, and says the property market is poised to deliver excellent returns. Citing strong sales at rival Henderson Land Development's Grand ...

  9. Kerry targets 31.6pc rise in property sales to HK$5b

    Posted Mar 19th 2009, 12:00am by Peggy Sito

    ... Peggy Sito Kerry Properties is aiming for a 31.6 per cent increase in property sales to HK$5 billion this year from HK$3.8 billion last year by selling more projects in Hong Kong ... was unveiled when the developer announced yesterday that last year's profit fell 14 per cent to HK$2.23 billion, excluding revaluation gains from investment properties. This was below ...

  10. Agile profit doubles on property price surge

    Posted Mar 17th 2011, 12:00am by Yvonne Liu

    ... Yvonne Liu Agile Property Holdings' underlying profit doubled to 4.02 billion yuan (HK$4.77 billion) last year on the back of strong sales. Its impressive growth was driven by the sharp increase in property prices. Even with gross floor area up by just 8.9 per cent to 2.14 million square metres, sales revenue jumped 54.7 per cent to 20.2 billion yuan. The average selling ...




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