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22.10.26 - 03:42
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Debt-laden mainland developer Shimao sells its 2 Hong Kong hotels for US$344 million (SCMP)
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Receivers of the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton have sold the dual-branded complex, which together comprise the city's third-largest hotel by room count, for HK$2.7 billion (US$344 million), Shimao Group announced on Thursday.
In a filing to the Hong Kong stock exchange, the distressed mainland Chinese developer said the buyer was Oceanfront Hong Kong Limited.
Oceanfront is owned by, among others, investment vehicles associated with ParkCity Group, a......
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22.10.26 - 02:06
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Taiwan′s FTC blocks Grab′s Foodpanda acquisition over competition concerns (Digitimes)
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Grab Holdings' proposed acquisition of Delivery Hero's Foodpanda operations in Taiwan has been rejected by Taiwan's Fair Trade Commission (FTC). The commission made the announcement on October 21, blocking the deal on the grounds that it would restrict market competition. Grab issued a statement saying while it was disappointed with the decision, it will continue developing its core businesses in its existing Southeast Asian markets....
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21.10.26 - 09:36
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A 2027 turning point? Goldman, Citi see stabilising signs in China′s housing market (SCMP)
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As China's housing market downturn enters its fifth year, global investment banks including Goldman Sachs and Citi say they expect the sector to pivot as soon as 2027, with expectations fuelled by signs of shrinking supply and robust sales over the National Day holiday in early October.
Citi holds a positive view on the sector and saw 2027 as a pivotal year for home price recovery in Beijing, Shanghai and Shenzhen. Home prices in China hit their lowest point in June 2024, according to......
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21.10.26 - 07:54
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Business-Ticker: Boeing 737 MAX 10 erhält Zulassung (FAZ)
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Deutsche Börse hebt Ziele abermals an +++ Grand City Properties wird größter Aktionär von LEG Immobilien +++ Anthropic macht offenbar 80 Milliarden Dollar Verlust +++ Batteriehersteller CATL enttäuscht +++ Adidas jubelt über Rekordergebnis +++ Neuigkeiten im Unternehmen-Liveblog...
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21.10.26 - 06:06
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Surveyors say presales at Pak Shing Kok residential project could begin in 2028 (SCMP)
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New World Development and China Merchants Land broke ground recently on a joint residential project in Pak Shing Kok, Tseung Kwan O, with presales expected to begin as early as 2028, when surveyors say pricing pressure may have eased.
James KT Cheung, executive director of the valuation department at Centaline Surveyors, said property prices remain lower than they were in 2022, when the consortium won the project.
“If property prices can recover to 2022 levels by the time the Pak Shing Kok......
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20.10.26 - 22:06
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SITE Centers′ Third Quarter 2026 Earnings to be Released Monday, November 2, 2026 (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) announced today that it intends to release its third quarter earnings after market close on Monday, November 2, 2026.About SITE Centers Corp.SITE Centers is a self-administered and self-managed REIT and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company's e-mail distributions for press releases and other investor news, here. Contacts For additional information:Gerry Morgan, EVP and Chief Financial OfficerSITE Centers Corp.3300 Enterprise ParkwayBeachwood, OH 44122216-755-5500...
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20.10.26 - 09:54
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′Father of Lan Kwai Fong′ Allan Zeman pivots to Hong Kong′s luxury home market (SCMP)
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The wallpaper on Allan Zeman's office desktop computer screen is an image of Chandara, the private estate in Phuket that he has owned for more than two decades. Now the “father of Lan Kwai Fong” is bringing the Thai resort-style concept to Hong Kong's luxury housing market.
Located in rural Sai Kung, 181 Clearwater is the first local residential project for Zeman's Lan Kwai Fong Group.
Developed with Far East Consortium and Hien Lee Engineering, the project – which has received presale approval......
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20.10.26 - 09:54
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Why mainland Chinese still drive Hong Kong′s housing market despite Beijing′s 20% tax (SCMP)
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Although the Chinese government imposed a 20 per cent tax on rental income and capital gains derived from overseas properties transferred into offshore trusts by mainland residents, agents said these investors remained a key driver of the Hong Kong property market.
China's Ministry of Finance and the State Taxation Administration said in July that rental earnings – profits from the sale of properties and investment gains derived from assets including real estate, stocks or equity interests held......
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19.10.26 - 08:00
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Why mainland Chinese still drive Hong Kong′s housing market despite Beijing′s 20% tax (SCMP)
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Although the Chinese government imposed a 20 per cent tax on rental income and capital gains derived from overseas properties transferred into offshore trusts by mainland residents, agents said these investors remained a key driver of the Hong Kong property market.
China's Ministry of Finance and the State Taxation Administration said in July that rental earnings – profits from the sale of properties and investment gains derived from assets including real estate, stocks or equity interests held......
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19.10.26 - 06:12
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China′s Growth Rebounds While Home-Price Slump Eases (Bloomberg)
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China's growth accelerated more than expected in the third quarter while home prices fell at a slower pace in September. Maybank Macro Research Director Erica Tay discusses what it may mean for stimulus expectations. (Source: Bloomberg)...
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16.10.26 - 07:06
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′Father of Lan Kwai Fong′ Allan Zeman pivots to Hong Kong′s luxury home market (SCMP)
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The wallpaper on Allan Zeman's office desktop computer screen is an image of Chandara, the private estate in Phuket that he has owned for more than two decades. Now the “father of Lan Kwai Fong” is bringing the Thai resort-style concept to Hong Kong's luxury housing market.
Located in rural Sai Kung, 181 Clearwater is the first local residential project for Zeman's Lan Kwai Fong Group.
Developed with Far East Consortium and Hien Lee Engineering, the project – which has received presale approval......
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13.10.26 - 11:15
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CN Home: KWG GROUP Sep Presales Dive 73%+ YoY (AAStocks)
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KWG GROUP (01813.HK) announced that in September this year, the presales amount attributable to the group and its joint ventures and associates was RMB200 million, down 73.2% YoY. ~AASTOCKS Financial NewsWebsite: www.aastocks.comThis article was automatically translated by AI, the Chinese version should be considered the authori......
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