Real Estate Development
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PARIS, May 18- Chinese, South Korean and Spanish firms are vying to develop a hydropower project likely to cost between $9 billion and $14 billion on the Congo River, Congolese officials said on Saturday.
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Kerry Series, Founder & CIO at Eight Investment Partners tells CNBC's Cash Flow why he thinks there's no property bubble in China.
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In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
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--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, April 16- Amid the recriminations that pass for debate in Australia, one point was missed about the scrapping of Woodside Petroleum's $45 billion Browse liquefied natural gas project: nobody said the demand wasn't there.
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HONG KONG, April 8- Hong Kong shares were set to start flat on Monday, as strength in Chinese footwear retailer Belle International offset weakness in local property developers after weekend sales volumes disappointed. The Hang Seng Index was set to open flat at 21,733.8.
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Du Jinsong, Head of Asia Property Research at Credit Suisse discusses the Chinese government's latest attempts to curb home prices.
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Chi Lo, Senior Strategist, Greater China at BNP Paribas Investment Partners is optimistic on Chinese A-shares for 2013 but warns that investors may have their hopes up for new economic reforms.
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SHANGHAI, April 1- China shares closed weaker on Monday, but real estate counters rose after authorities unveiled tightening measures that were less stringent than the market feared. The property sub-index climbed 0.9 percent, led by Poly Real Estate, which gained 3.0 percent. Shenzhen- listed developer China Vanke rose 2.2 percent.
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Daniel So, Securities Strategist at Sun Hung Kai Financial explains that despite weak 2012 net profits, earnings results have been better-than-expected.
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HONG KONG, March 26- A series of tightening measures have put the brakes on Hong Kong's overheated property sector, forcing developers to cut prices and prompting a warning from Asia's richest man Li Ka- shing: speculators stay away.
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Phil Nicklin, real estate tax partner at Deloitte argues that a lot has been done in recent years to boost real estate investment and that the Budget should therefore only include a refinement of the legislation.
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March 19- Cape Wind said Tuesday it expects to complete financing for its long-delayed 468- megawatt offshore wind farm and start construction of the project in federal water off Cape Cod, Massachusetts, by the end of the year.
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Business is brisk, but the new-home market won't be back to normal for a while, Meritage CEO Steven Hilton said.
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Frederic Neumann of HSBC and Nicole Wong of CLSA discuss if Hong Kong's real estate sector is facing selling pressure or if investors are just stuck in a holding pattern.
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*Sony building sale closes- sources. NEW YORK, March 15- Japan's Sony Corp on Friday completed the sale of its U.S. headquarters for $1.1 billion to a group led by real estate developer the Chetrit Group, three sources familiar with the deal said.
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*China property weak after talk on strict curb-enforcement. HONG KONG, March 15- Hong Kong and China shares ended their worst week in three on a tepid note on Friday, dragged down by Chinese property developers after official media reported that new curbs on the housing market will be strictly enforced.
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NEW YORK, March 14- A prime Chicago parcel that was the site of an ill-fated project to build North America's tallest residential building may again have a chance to be developed, albeit on a smaller scale and by a different owner.
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HONG KONG, March 14- Hong Kong shares are set to start weaker on Thursday, with New World Development leading losses among local property developers after two of the territory's leading banks raised mortgage rates for the first time since 2011.. The Hang Seng Index was set to open down 0.3 percent at 22,484.3.
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PARIS, March 13- A Russian developer who plans to build what would be Europe's tallest residential towers in Paris said he had provisionally lined up financing from Russia's Sberbank towards the 2.3 billion euro project.
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HONG KONG, March 12- Hong Kong shares slipped from a three-week high on Tuesday, hurt by a soft mainland market as weakness in China Life Insurance offset strength in the local property sector after New World Development announced plans for a spinoff listing. The China Enterprises Index of the leading Chinese listings in Hong Kong fell 1.3 percent.
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China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.