Commercial Property News Archive for 27-May-2009

Unique Property Up For Lease (Scoop.co.nz)

A distinctive new office block, ?The Apex?, in one of Auckland?s emerging business hubs is being offered for lease through commercial property agency, CB Richard Ellis.

Syndicated property deals surge as bank deposit rates plummet (The New Zealand Herald)

Savers frustrated with record low returns from bank deposits are diving into lightly-regulated commercial property deals that forecast nearly 10 per cent cash returns, but can carry significant risks. Advertisements for syndicated...

SOHO China to sell $359 mln in convertible bonds (Reuters via Yahoo! Philippines News)

HONG KONG, May 27 (Reuters) - Commercial property developer SOHO China Ltd <0410.HK> said on Wednesday it planned to sell HK$2.8 billion ($359 million) worth of convertible bonds, raising capital to fund strategic acquisitions and for general corporate purposes.

(AFX UK Focus) 2009-05-27 02:39 SOHO China to sell $359 mln in convertible bonds (Interactive Investor)

HONG KONG, May 27 (Reuters) - Commercial property developer SOHO China Ltd said on Wednesday it planned to sell HK$2.8 billion ($359 million) worth of convertible bonds, raising capital to fund strategic acquisitions and for general corporate purposes. The bonds will have an interest rate of 3.75 percent per year with maturity on July 2, 2014. The bonds will be convertible into 476.2 million ...

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