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  • September 22, 2014
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  1. Property - Hong Kong & China - COMMERCIAL

    Shopping mall landlords subdivide outlets to find buyers

    Posted Jul 17th 2013, 12:00am by Yvonne Liu

    ... market has prompted some landlords to subdivide their shopping malls in a bid to find buyers. They hope the smaller, cheaper shops will draw interest. In July last year, CCT Telecom Holdings ... to the mall. But in the end nothing came of that. To also said buyers might find that if the shopping mall did not succeed in attracting shoppers, it would be difficult for individual owners to team up ...

  2. Business - Companies

    Fortune Reit eyes acquisitions of shopping malls

    Posted Jul 17th 2013, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Trust upbeat on sales as it seeks to benefit from low interest rates and declining gearing ratio Fortune Reit eyes acquisitions of shopping malls Fortune Real Estate Investment Trust is looking to acquire shopping malls while its gearing and interest rates remain low, the reit's manager said yesterday. Justin Chiu Kwok-hung, chairman of ARA ...

  3. Business - Companies - PROPERTY

    China shopping malls to be more profitable than office space: ARA

    Posted May 22nd 2013, 02:47pm by Jeanny Yu

    ... Investment firm says growing middle class to ensure returns on investment in shopping centres outdo that in office, residential space Shopping malls will surpass office and residential ... and office workers," Ng said, citing Asia Dragon Fund I's Dalian shopping mall and Festival Walk in Kowloon Tong as examples. Of the two private funds that closed last year, Ng plans ...

  4. News - Hong Kong - CRIME

    Two women wanted for questioning over dead baby found in mall bathroom

    Posted Jun 17th 2014, 05:26pm by Clifford Lo

    ... of two women they would like to speak with in connection to the death of a newborn baby boy whose body was found in a shopping mall bathroom last month. The women were captured by surveillance cameras in the vicinity of the mall on the day the grisly discovery was made. Police believe the two women are aged between 25 and 40. “At this stage, we are not treating them as suspects,” ...

  5. News - Hong Kong

    Removal of elderly homeless man from shopping mall area sparks anger online

    Posted Jun 21st 2013, 12:00am by Danny Mok

    ... shopping mall and office complex has provoked an angry reaction from members of the public after removing a homeless man in his 80s who has difficulty walking from its vicinity. A report ... with a pelvic injury- was carried 100 metres away from the mall and dumped outside an unoccupied shop. Poon's Facebook post drew a swift, large and angry reaction online, with one poster saying: ...

  6. Hanny eyes commercial property

    Posted Mar 22nd 2011, 12:00am by Yvonne Liu

    ... will be Hanny's first project. It will invest 540 million yuan (HK$641.68 million) to build a 36-storey building on top of a five-storey basement. Jixiang Building will consist of a shopping centre and 827 serviced apartments. The gross floor area will be about 122,733 square metres. Hanny will start selling the apartments in the fourth quarter of this year, while the leasing of the shopping ...

  7. Property - Hong Kong & China - SHOPPING CENTRES

    Link Reit sells four malls for UK$1.24b

    Posted May 21st 2014, 10:55am by Peggy Sito

    ... Peggy Sito peggy.sito @scmp.com The Link Real Estate Investment Trust has accepted buyers’ offers totalling about HK$1.24 billion for four of its shopping malls in Hong Kong. Private ... The malls are Hing Tin Commercial Centre in Lam Tin, sold for HK$210 million; Kwai Hing Shopping Centre in Kwai Chung, sold for HK$438.84 million; the retail centre and car park at Tung Hei Court ...

  8. Zeman beats off rivals to win Guangzhou mall deal

    Posted Jun 16th 2010, 12:00am by Sandy Li

    ... for the city's newest underground shopping mall. Zeman's property development and investment company, Lan Kwai Fong Holdings, earlier this month won the contract to manage a 1.6 million square foot mall in Pearl River New City, a new core business centre. The 1.3 kilometre-long underground mall will provide space on a single level for up to 500 shops and will be the biggest shopping ...

  9. Property - Hong Kong & China - RETAILING

    Taubman Asia investing US$600m in new shopping centres

    Posted Jul 09th 2014, 05:02am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Shopping centres in mainland cities Xian and Zhengzhou to benefit from 40 per cent of budget Taubman Asia investing US$600m in new malls Taubman Asia, a subsidiary of US mall operator Taubman Centers, has committed US$600 million to projects in Asia, with 40 per cent of that investment earmarked for mainland ventures. The company has formed ...

  10. Renhe soars on back of strong earnings result

    Posted Apr 27th 2010, 12:00am by Celine Sun

    ... yuan, up 36.5 per cent from 2008. The growth mainly came from selling the operating rights to parts of its shopping malls. During the period, the company sold the rights to more than 119,000 ... development projects. The shopping centre operator plans to build 1.5 million square metres of underground malls this year. Renhe proposed a final dividend of 9.18 fen per share for the period. ...




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