Property Investments

Sogo owners to spin off parts of property empire

Lifestyle International chief executive Thomas Lau is unsure whether Chow Tai Fook will retain its stake in the retailer. Photo: Nora Tam

Market sources said the firm aimed to raise between HK$200 million and HK$300 million by way of introduction instead of an initial public offering. That means shares would be issued either to Lifestyle shareholders or private investors.

Tuesday, 23 April, 2013, 5:08am

Council Tax changes in UK may hit Hong Kong property owners

Council Tax will be levied on all empty properties, including vacant rental homes.

Hong Kong owners of British property may find their costs rising following changes to local government charges which came into force last week. The charges, known as Council Tax, will be levied on all empty properties, including vacant rental homes. Occupied abodes will remain taxable in the same way as before.

17 Apr 2013 - 5:31am

Berggruen and partners betting 1 billion euros on distressed Portuguese assets

Nicolas Berggruen and two Portuguese partners plan to spend as much as €1 billion (HK$10 billion) on real estate in Portugal

German-American billionaire Nicolas Berggruen and two Portuguese partners plan to spend as much as €1 billion (HK$10 billion) on real estate in the country, though they're not expecting to make a quick return.

17 Apr 2013 - 5:31am

Chinese investors eyeing Philippines

Some innovative developments in the Philippines have panoramic views of the Pacific Ocean. Photo: Miguel Nacianceno

Disheartened by tight government controls in their domestic housing markets, investors from China, including Hong Kong, are looking overseas for alternatives. Among their targets is the Philippines, which posted one of Asia's highest economic growth rates last year.

10 Apr 2013 - 5:47am

Austrian property firm plans residential investment in Germany

Austrian property firm plans residential investment in Germany

Austrian company Conwert Immobilien Invest plans to buy German residential real estate, part of a strategy shift to focus more on buying and renovating apartment blocks.

27 Mar 2013 - 6:06am

Germany will draw Hong Kong property investors, IP Global predicts

Tim Murphy, Chief Executive Officer of IP Global Limited. Photo: May Tse

Although the euro-zone financial crisis continues to impact countries across the continent, Germany is comparatively unaffected, says Tim Murphy, IP Global's founder and CEO.

20 Mar 2013 - 5:22am

Hong Kong investors take a shine to UK student studio flats

More and more Hong Kong investors are turning to a new type of British property asset: student studio apartments.

Located in purpose-built blocks or converted buildings, student studio apartments can be purchased for less than £50,000 (HK$586,000), making them less costly to buy than most mainstream British homes.

20 Mar 2013 - 5:22am

House price gains signal end of US rental bonanza

Blackstone has spent more than US$3.5 billion to buy 20,000 US homes to use as rentals.

Rents for single-family homes are rising more slowly than property prices as firms such as Blackstone Group flood the market with homes for lease, posing risks to investors betting billions on the burgeoning market.

20 Mar 2013 - 5:22am

London home prices rise as weak pound fuels foreign buying interest

Asking prices in London have surged over £41,000 in the past year, led by a 6.2 per cent rise in Kensington and Chelsea. Photo: Bloomberg

London home sellers raised asking prices this month as the weakness of the pound fuelled interest from overseas buyers during the spring selling season, according to Rightmove, a property-website operator.

20 Mar 2013 - 5:22am

Golden chance to soak up sun

Luxury apartments in Algarve. Property investment in Portugal is not for the faint-hearted. Photo: Bloomberg

Hundreds of investors from China are clamouring for a golden opportunity to invest in Portuguese property. Following clarification of a new visa system, which automatically offers residency in return for a substantial investment in either a home or business, the so-called "Golden Visa" is keeping Portuguese legal firms busy.

20 Mar 2013 - 5:22am

UK market attractive for buyers in Hong Kong, China and Singapore

High-end Fenchurch Street in London. Photo: Bloomberg

Developers of overseas projects are benefiting from the measures being taken by governments in Hong Kong, Singapore and the mainland to curb demand in their property markets.

13 Mar 2013 - 5:07am

Singapore property taxes aim to deter foreign speculators

Singapore is worried about a property bubble developing and has introduced tough cooling measures to deter speculators. Photo: Bloomberg

Singapore and Hong Kong are neck-and-neck competitors on so many levels, including their property markets. Prime real estate in both regional hub cities is considered a safe asset class, and one made even more desirable these days by the uncertainty elsewhere.

13 Mar 2013 - 5:26am

Should investors buy property, property stocks or both?

Bricks and mortar is one way to play the market. Photo: Reuters

From time to time, one may read debates in news media among investors and commentators about which of the above approaches offer better returns. Real estate agents tend to favour investing in bricks and mortar, while stocks traders would say equities offer better expense ratios, especially if all the stamp duties are taken into account.

6 Mar 2013 - 4:40am

Roads paved with gold for property investors in Qianhai

Yi Yun Ban Shan project in Qianhai

People who bought flats in estates a stone's throw from the Qianhai experimental zone quickly came to regret their decision. They kept doors and windows firmly sealed to shut out the dust and incessant noise from container trucks traversing the nearby highway.

4 Mar 2013 - 5:42am 1 comment

British rent rises tipped to slow this year

British residential property rent inflation is expected to slow this year. Photo: Bloomberg

Rightmove, a London-based property company, said 74 per cent of professional landlords intended to expand their portfolios, and investors would be lured by tenant demand and "attractive" returns.

6 Feb 2013 - 4:59am