HK shelves $3bn property listing
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The Hong Kong government has shelved a $3 billion property privatization deal after a legal challenge from a 67-year-old pensioner, but said it has already begun work to relaunch the initial public share offer for the Link
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Hong Kong property firm Chinese Estates Holdings Ltd.  is in talks with investors on a possible buyout of the firm, valued at more than US$4 billion, sending its shares up as much as 30 percent to a record high.
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ATTEMPTS by mining house Gold Fields attempts to resist rival Harmony&#39;s hostile takeover bid were dealt a major blow yesterday, after a last-minute switch by Sanlam Asset Managers effectively torpedoed its plan to list its international assets in Canada.
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HONG KONG (CBS.MW) -- The Hong Kong government is expected to make a decision Sunday on whether the HK$21.3 billion ($2.7 billion) LINK real estate investment trust IPO will debut on Monday as planned.
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By DEVLIN BARRETT  WASHINGTON - Federal officials have rejected the $1.3 billion sale of the nation's largest federally subsidized rental housing complex, Brooklyn's Starrett City, two people familiar with the government notification told The Associated Press Friday.
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Morgan Stanley&#39;s  real estate unit  agreed to buy Australia&#39;s Investa Properties Ltd.  for  A$4.7 billion ($3.9 billion) on Thursday, the nation&#39;s  third-largest property trust takeover.
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Chinese computer maker Lenovo suspends trade in its shares in Hong Kong as reports link it to $2bn deal for IBM's PC  business.
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SYDNEY/NEW YORK  - Morgan Stanley's  real estate unit said on Thursday that it would buy Australia's Investa Properties Ltd.  for A$4.7 billion ($3.9 billion), the latest in a string of property takeovers by the U.S. investment bank.
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The Chinese tax authorities&#39; recent decision to exempt stamp duty on legal heirs but impose it on other beneficiaries who receive land and houses suggest the country will not
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com. Beijing&#39;s municipal government canceled a $3.5 million deal with Microsoft under pressure from national government officials and in-country rivals, financial sources reported Monday.
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Rising property prices in Hong Kong have revived the fortunes of Cyberport, a controversial residential and office complex, which is forecast to yield HK$17.6bn (US$2.3bn) in profits
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Business & money: Â· Alcoa bows out of contest in face of $38bn offer Â· Bid battle helps push Dow Jones to record close
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The move is expected to dampen prospects for companies that have focused on taking advantage of the Chinese market.
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Hilton Group Plc, the British operator of Hilton hotels outside the US, and Beverly Hills-based Hilton Hotels Corp. do not own or manage any of the three Hiltons in Indonesia that Australia
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Australiaâs third-biggest bank said one-off factors, such as the loss of earnings from the sale of its London project finance business and measures to arrest NZ retail customer attrition, would on balance have a negative impact on fiscal 2005 earnings.
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SYDNEY (Dow Jones)--Australian property investor Stockland Group (SGP.AU) said Monday it sought a trading halt on its securities pending the release of a statement &quot;about a proposal involving General Property Trust&quot; (GTP).
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THREE key Australian listed property trusts are preparing to slug it out for greater market share in the UK property market. Westfield Group, Multiplex Group and the soon-to-be-merged Lend Lease Corp Ltd and