Kerry Properties Ltd<683>, a Hong Kong-based property investment and development company, on Mar. 18 announced a net profit of HK$3.05 billion for 2008, a sharp year-on-year decline of 53.52% or HK$3.512 billion. The real estate enterprise declared a dividend of HK$0.4 per share last year. Earnings per share...
Kerry Properties Ltd<683> yesterday signed an agreement with the government of Gulou District of Nanjing City, capital of China's Jiangsu Province, to build a Shangri-La hotel there, sources reported. Under the terms of the agreement, the property project will have a registered capital of US$45 million....
Invesco Ltd, a U.S.-based investment and asset management company, is eying real estate companies in Hong Kong and Australia for investment as they have a promising future, said Mark Blackburn, Invesco's managing director, sources reported today.Blackburn, who supervises US$6 billion in listed property...