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  • August 22, 2014
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  1. Property - Hong Kong & China - PROPERTY

    Asian banks snap up prime office space in Central

    Posted May 12th 2014, 02:58am by George Chen, Yvonne Liu

    ... George Chen and Yvonne Liu Desire to expand in financial district not shared by Western rivals, who have been moving out Asian banks snap up prime office space in Central Capital-rich Asian banks, in particular some state-owned mainland firms, have emerged as prime contenders for top-end office space in the heart of Hong Kong's financial district, replacing some Western ...

    http://www.scmp.com/property/hong-kong-china/article/1510169/asian-banks-snap-prime-office-space-central
  2. Property - Hong Kong & China - PROPERTY

    Chinese finance firms target Central offices

    Posted Aug 18th 2014, 03:56am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Leasing activity in HK's business core is on a healthy track as mainland companies take up grade A spaces before through train starts Chinese finance ... is an irresistible trend, that mainland finance companies are increasing their activities and need more office space," said Lee. The rise in office space occupied by mainland firms is partly prompted ...

    http://www.scmp.com/property/hong-kong-china/article/1575679/chinese-finance-firms-target-central-offices
  3. Property - Hong Kong & China - PROPERTY

    Hong Kong-listed Lai Fung pays record price for Shanghai parcel

    Posted Jul 10th 2014, 04:56am by Langi Chiang

    ... (HK$724 million). Excluding the 30 per cent reserved for affordable housing and 2 per cent for public facilities, the floor space cost of 85,810 yuan per square metre is a record for the country. ...

    http://www.scmp.com/property/hong-kong-china/article/1550674/hong-kong-listed-lai-fung-pays-record-price-shanghai-parcel
  4. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... Party stalwart Lee Cheuk-yan said. "After all, we want to see a drop in property prices." Real estate agents say the markets for offices and industrial space attract more buyers ...

    http://www.scmp.com/news/hong-kong/article/1551408/legco-unlikely-pass-lawmakers-stamp-duty-refund-plan
  5. Business - Banking & Finance - PROPERTY

    Banks fighting back against luxury shops for prime space

    Posted Sep 23rd 2013, 12:00am by Sandy Li, George Chen

    ... against luxury shops for prime space Sharp-suited bankers are fighting to return to prime locations in Hong Kong where soaring rents had previously forced them to make way for global luxury ... invest HK$1 billion to set up a regional private banking service centre in Central to serve the bank's high-end individual clients. It agreed to lease the entire five-floors of space ...

    http://www.scmp.com/business/banking-finance/article/1315502/banks-fighting-back-against-luxury-shops-prime-space
  6. News - China - PROPERTY

    New Beijing rules may allow homeowners to rent out their subdivided living rooms

    Posted Jun 13th 2014, 04:51pm by Zhuang Pinghui

    ... Zhuang Pinghui zhuang.pinghui@scmp.com Beijing homeowners may soon be allowed to partition living rooms and lease the space for tenants, the municipality has announced. It marks a shift ... July, the municipal government issued a circular requiring each tenant to have a minimum 5 square metres of living space and the room must be shared with no more than one person. The new draft ...

    http://www.scmp.com/news/china/article/1531653/new-beijing-rules-may-allow-homeowners-rent-out-their-subdivided-living
  7. News - Hong Kong - PROPERTY

    Pioneering deal gives artists cut-price space

    Posted Jun 28th 2013, 12:00am by Vivienne Chow

    ... rents for young artists needing creative space. This follows a long battle with government red tape. The Arts Development Council, which is orchestrating the project, says the ADC Arts Space ... into another artists' space. Announced yesterday, the Wong Chuk Hang scheme is a six-year partnership between the council and the Hip Shing Hong Group. The property development and investment ...

    http://www.scmp.com/news/hong-kong/article/1270513/pioneering-deal-gives-artists-cut-price-space
  8. Business - Companies - PROPERTY

    CBRE Global says it may invest in office space in China even as rents fall

    Posted Jun 22nd 2013, 12:00am by Bloomberg

    ... two million square metres of "investment-grade office space", said van den Berg. The cities must also have demand for space from international companies and tenants whose businesses ...

    http://www.scmp.com/business/companies/article/1266231/cbre-global-says-it-may-invest-office-space-china-even-rents-fall
  9. 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 space as the most profitable type of property investment on the mainland over the next two to five years, thanks to the nation's booming middle class and its fast-growing income, says ARA ...

    http://www.scmp.com/business/companies/article/1243450/chinese-shopping-malls-become-hottest-investment-property-ara
  10. Property - Hong Kong & China - PROPERTY

    UBS plans to move into commercial property investment in China

    Posted Jun 17th 2014, 05:14am by Bloomberg

    ... assets. Several mainland cities were expected to experience improving rental demand for commercial space on the back of recent regulatory changes, including policies to boost growth in certain ...

    http://www.scmp.com/property/hong-kong-china/article/1534305/ubs-plans-move-commercial-property-investment-china

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