Leasing firm seeks to double portfolio

Leasing firm seeks to double portfolio

ICBC Financial Leasing is targeting foreign shipowners with leasing deals as it seeks to double the value of its ship asset portfolio this year, a senior executive has confirmed.

Friday, 12 April, 2013, 5:43am

Fall in rents won't last long, agents say

Sha Tin Centre

Upward pressure on Hong Kong home rents has eased as a growing number of flat owners shelve plans to sell and opt to let their apartments instead.

27 Mar 2013 - 5:44am

Q & A with our experts, March 27, 2013

Sammy Po

Q: I planned to buy a flat. I heard that buyers have to face a tougher stress test under the new cooling measures released by the government. I'm wondering how it affects my purchase plan.

28 Oct 2013 - 11:41am

Rent out your property in the short term

A selection of properties currently available in Hong Kong via

Sandy Mok loves taking mini breaks outside Hong Kong during public holidays. She's dubbed "the big spender" by her travel companions, always wining and dining at swanky restaurants and visiting luxury spas. But somehow, the 34-year-old career coach manages to spend less than her friends on the same trip.

12 Nov 2012 - 11:03am

DNA Galleria buyer's ousting of tenants causes a shock

Protest posters at the DNA Galleria in Tsim Sha Tsui. Tenants are protesting over the new owner kicking them out. Photo: Jonathan Wong

The day that Lau Chun-kai signed an agreement to lease a 500 square foot shop on the second floor of the DNA Galleria shopping mall in Tsim Sha Tsui in August was one the 24-year-old hoped to celebrate for years to come.

7 Nov 2012 - 3:16am

Insurers strike big deals in Hong Kong office market

Assicurazioni Generali has snapped up the whole of No 8 Queens Road East, with naming rights. Photo: May Tse

Insurance companies remain active players in the office investment and leasing markets, filling the gap left by a retreat by other major financial institutions.

7 May 2015 - 4:01pm

Elsa High School in global lease tussle

Laptops at the ready at Elsa High School in Shau Kei Wan, where class sizes can be as little as three and no bigger than 20. Photo: David Wong

At Elsa High School in Shau Kei Wan, classes are no bigger than 20. Some lessons are taught to only three pupils.

"Everybody pretty much knows each other," said 11-year-old Benjamin Fischer, a Form Six pupil born in Israel.

29 Oct 2012 - 6:37am

NEW lease of life

After a flurry of buying sprees in the first quarter of this year, backed by pent-up demand, sales have significantly slowed recently. But leasing transactions remain brisk as more people turn to the rental market.

6 Jul 2012 - 12:00am

Court delays order to close cubicle flats

A court has put off issuing a closure order for a Tai Kok Tsui industrial block yesterday, stalling the government's first attempt to clamp down on cubicle flats in such buildings.

District Court Judge Stephen Chow Siu-hung decided to hear a tenant opposed to the shutdown before ruling on the closure application. The hearing will be held on Monday.

8 Mar 2012 - 12:00am

Cubicle flats may be closed down today

The government will apply for a court order today to close units in an industrial building in Tai Kok Tsui that have been turned into illegally partitioned flats.

This is expected to be the first in a string of similar actions to stamp out illegal subdivided flats and clearing the occupied cubicles has been a taxing affair.

7 Mar 2012 - 12:00am

Low-cost housing sites still not picked

The Housing Society remains in the dark about three of the five locations where it is supposed to build subsidised homes for rent or purchase under a scheme announced by the government more than a year ago.

9 Dec 2011 - 12:00am

Rising rents killing the scents

Here today, gone tomorrow.

Uno Mas, a popular Spanish restaurant in Wan Chai, closed last month after founding partner Brian Moss said the landlord sought what he called a ridiculous rent increase.

15 Sep 2011 - 12:00am

Wan Chai landmark closes after landlord pulls lease

One of Wan Chai's landmark watering holes has closed its doors for the first - and last - time. The Bridge in Lockhart Road, which was open around the clock, closed last week after a dispute between the landlord and the bar's owners.

Police said the landlord had had enough of some of the more 'colourful' behaviour alleged to have gone on in the early hours of the morning.

1 May 2011 - 12:00am

Errant-tenant cases in decline

Disputes drag on if occupants refuse to obey court rulings

The number of flat owners filing complaints with the Lands Tribunal about tenants who fail to pay their rent is on the decline, official data showed, although some landlords remain locked in long-running disputes with errant occupants of their properties.

9 Apr 2008 - 12:00am

Legal row looms over Eco Park recycler

Officials may cancel tenancy of tyre firm

A legal dispute is looming between a tyre recycler and the government, which is set to cancel the company's tenancy of a plot at the Eco Park in Tuen Mun because it has not used the land.

3 Mar 2008 - 12:00am