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14.07.26 - 01:30
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Hong Kong banks sweeten mortgage rebates as competition heats up amid property rebound (SCMP)
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Hong Kong banks are raising mortgage cash rebates to their highest levels in more than two years as they compete for a growing pool of homebuyers, betting generous incentives will help them win customers even as uncertainty over US interest rate hikes lingers.
Major lenders including Bank of China (Hong Kong), Hang Seng Bank and HSBC have increased cash rebates on selected mortgages to as much as 1.4 per cent, up from around 1.2 per cent. Some smaller banks had gone further, offering up to 1.5......
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13.07.26 - 11:45
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CN Home: LONGFOR GROUP 1H Contracted Sales Down ~53% YoY to RMB16.55B (AAStocks)
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LONGFOR GROUP (00960.HK) announced its operating data for 1H26. As of the end of June, cumulative contracted sales for 1H26 amounted to RMB16.55 billion, down about 52.7% YoY. In June alone, total contracted sales amounted to RMB2.88 billion, down 55.4% YoY.~AASTOCKS Financial NewsWebsite: www.aastocks.com...
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12.07.26 - 03:06
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China′s developers eagerly line up to offer commercial-property Reits amid recovery signs (SCMP)
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China's first four exchange-traded real estate investment trusts (Reits) backed by commercial properties have opened the floodgates for fundraising by office developers, shopping centre builders and hotel owners amid investors' heightened hopes for a market recovery.
According to data provider Wind Information, as of June 24 the pipelines of the Shanghai and Shenzhen stock exchanges had 19 listing applications for investment trusts backed by commercial property assets, with six having already......
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10.07.26 - 08:36
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Harju Elekter to conclude an agreement for the supply of E-house solution (GlobeNewswire EN)
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AS Harju Elekter, the Estonian subsidiary of AS Harju Elekter Group, has entered into an agreement with Siemens Nederland N.V, the Dutch subsidiary of Siemens AG, for the engineering and manufacturing of E-House systems for the power distribution infrastructure of a data centre being built in Finland. The contract has a duration of 17 months and an estimated value of 15,5 million euros....
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08.07.26 - 15:06
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Pandion Announces Strategic Growth Investment from Bregal Sagemount (Business Wire)
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Investment includes multi hundred-million-dollar commitment for further M&A and strategic growth to drive member advocacyROCHESTER, N.Y. & NEW YORK--(BUSINESS WIRE)--Pandion Optimization Alliance (“Pandion” or the “Company”), a leading group purchasing organization (“GPO”), today announced a strategic growth investment from Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm. The investment will support Pandion's next phase of growth as the Company continues to strengthen member advocacy, expand its purchasing scale, and enhance the services it provides, primarily across the non-acute healthcare market.
Founded in 1925, Pandion has built a longstanding reputation for helping organizations simplify purchasing, access competitive supplier programs, and realize greater value from their procurement spend. Today, Pandion serves over 16,000 members across 60,000 sites nationwide with member retention rates above 99%. Members have access to a curated and evolving portfol...
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05.07.26 - 05:06
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Why Hong Kong′s major developers stayed out of Northern Metropolis′ first pilot tender (SCMP)
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Hong Kong's first Northern Metropolis pilot tender drew only two confirmed bidders on Friday, underscoring the challenge facing the government's effort to enlist private developers in delivering not only homes but also its broader technology and industrial ambitions.
Henderson Land Development submitted the only stand-alone bid, while Sino Land teamed up with four mainland developers and Chinese e-commerce giant JD.com in a consortium.
Three other major developers – CK Asset, New World......
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04.07.26 - 02:06
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China-Linked Socialist NGO Derailed $23.6 Billion In Data Center Buildouts: Report (ZeroHedge)
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China-Linked Socialist NGO Derailed $23.6 Billion In Data Center Buildouts: Report
Our note on Thursday titled "World's Largest Data Center Project On Verge Of Collapse After Blackstone Unexpectedly Pulls Out" detailed Blackstone dialing back its presence from Northern Virginia's data-center alley, raising questions about whether the AI infrastructure buildout, colliding with local resistance movements, has begun to hit hard limits.
Just days after agreeing to sell stakes in three Virginia data centers to Digital Realty Trust for $3.5 billion, Blackstone's QTS Realty Trust is reportedly abandoning plans for its portion of the massive Prince William Digital Gateway project. The 2,100-acre campus was expected to include as many as 37 data-center buildings and require city-scale power supplies.
"For community organizers and residents that spent the last five years opposing the Digital Gateway, QTS's pullout will now validate a playbook that involved pressure campaigns on local ...
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