Category: PROPERTY

(Photo by Jennifer Lo) With more than half of its revenue coming from retail, Hysan's turnover was up modestly by 1.8% to 1.79 billion Hong Kong dollars ($230 million) in the first six months of this year. Its underlying profit, excluding gains on property ... ( read original story ...)

But a Yohai-controlled company that owns the property filed for bankruptcy protection in December, imperiling the venture. Pushed out by high rental prices in Hong Kong, more people are living in tiny illegally subdivided apartments. Nationalgeographic.com ... ( read original story ...)

Another dead end: an apartment that Guan listed as his address in Hong Kong filings. The current tenant ... operator CWT Ltd and the initial public offering of an HNA backed property trust are facing delays, according to people familiar with the matter. ( read original story ...)

Hongkong Land Holdings announced on Thursday (3 August ... “The good performance of the group’s investment property portfolio is expected to continue in the second half of the year, although the contribution from development properties will not ... ( read original story ...)

Tiny flats are flooding Hong Kong as developers rush to target first-time buyers ... rose to about 1,400 at the end of June, according to Centaline Property Agency. Wong Leung-Sing, an associate director of research, said the number may rise to about ... ( read original story ...)

A sizeable gain from the revaluation of investment properties saw earnings at Hongkong Land Holdings rocket 147 per cent in the first half of this year. The property group reported a net profit of US$3.13 billion (S$4.2 billion) for the six months ended ... ( read original story ...)

Tycoon Li Ka-shing's two major companies, CK Hutchison (0001) and Cheung Kong Property (1113), posted stronger earnings in the first half of this year driven by strength in the telecommunications business in Europe and strong home sales in Hong Kong. ( read original story ...)

Underlying profits, excluding valuation gains on property, rose 14% as booming home sales in Hong Kong outweighed weaker sales in mainland China. The developer recently revised up its full-year contracted sales target to HK$35 billion, after achieving its ... ( read original story ...)

Despite increases in interest rates, there won't be any bursting of a property bubble in Hong Kong, it said. It said it expects the US Federal Reserve to raise interest rates only once the rest of this year. It added it expects transactions in the first ... ( read original story ...)

The “Walkie Talkie”, a London skyscraper, was bought in July by Lee Kum Kee, a Hong Kong food company, for £1.3bn ($1.7bn), the most paid for a British building. The tumbling value of the pound in the wake of the Brexit vote has attracted bargain ... ( read original story ...)

CapitaLand stock was down 0.53 percent by 3:33 p.m. HK/SIN. Hong Kong's CK Hutchison and Cheung Kong Property Holdings were also among the Asian companies reporting results Thursday. In foreign exchange, the U.S. currency strengthened slightly after ... ( read original story ...)

The Guangdong-based integrated property developer had recently announced its intent for an India foray recently. Mo Bin, Country Garden's president and executive director had told media in Hong Kong in January that the company is keen to clinch its first ... ( read original story ...)

The other top five countries for expat enquiries included the USA, Hong Kong, Singapore and Switzerland ... difficulties many British expats faced securing loans on investment property in England and Wales. ( read original story ...)

In spite of gloomy predictions about the economic impact of Brexit, the UK's real estate market was the most active in Europe during the first quarter of 2017. A new report from global real estate services firm JLL reveals that UK was the world's most ... ( read original story ...)