内容摘要：汇丰银行-菲律宾-房地产行业-马尼拉记录:菲律宾地产业-20171102-HSBC-Philippine_PropertyNotes_from_Manila

内容摘要：汇丰银行-菲律宾-房地产行业-马尼拉记录:菲律宾地产业-20171102-HSBC-Philippine_PropertyNotes_from_Manila

内容摘要：The biggest portion of the cliff is tax related with the expiration of several temporary cuts put in place when the recession hit in 2008 as well as the expiration of the tax cuts enacted in President Bush’s first term. These tax law changes accounted for roughly 80% of the cliff.

内容摘要：Major acquisitions in China fell 5% from the previous quarter to US$4.3 billion. Acquisitions in the residential sector fell 69% with only one major transaction recorded, while no major investment transactions were completed in the industrial property sector. The decreased level of investment in China was due to a number of factors including the higher levels of activity recorded in the fourth quarter of 2009, the traditionally quiet period during the Chinese New Year and investors turning more cautious in light of the stricter rules and controls governing real estate investment. It should further be noted that the US$4.3 billion worth of transactions was partly inflated by the US$2.2 billion Capitaland deal, which accounted for 52% of total transaction turnover in China.

内容摘要：Immediately available supply todayexceeds 3.2 million sq m, a vacancy rate of6.4%, with some micro markets very clearlyin oversupply. A positive note comes from

内容摘要：This report is intended as a general guide only. While utmost care has been taken in its preparation and we believe the contents to be accurate at print, the group of companies under DTZ or persons involved inthe preparation of this briefing do not give any warranty as to the contents contained in this report.

内容摘要：This report is intended as a general guide only. While utmost care has been taken in its preparation and we believe the contents to be accurate at print, the group of companies under DTZ or persons involved inthe preparation of this briefing do not give any warranty as to the contents contained in this report.

内容摘要：This report is intended as a general guide only. While utmost care has been taken in its preparation and we believe the contents to be accurate at print, the group of companies under DTZ or persons involved inthe preparation of this briefing do not give any warranty as to the contents contained in this report.

内容摘要：with net face rents falling roughly 5%from January 2009. This trend isexpected to continue for another 12months.

内容摘要：This report is intended as a general guide only. While utmost care has been taken in its preparation and we believe the contents to be accurate at print, the group of companies under DTZ orpersons involved in the preparation of this briefing do not give any warranty as to the contents contained in this report.

内容摘要：Note: Total stock and vacancy statistics reflecttheoverall Grade A office market. Rent exclusive of management feeand

内容摘要：Note: Total stock and vacancy reflect the overall Grade A office market in Jakarta CBD. BaseRent is exclusive of management fees and other outgoings.

内容摘要：We also believe that a favourable industry backdrop does not translate into automatic success for all

内容摘要：Notes: (1)兰色线条与边框表示职能,红色线条与边框表示项目;(2)平衡矩阵下,项目职能经理兼任项目负责人(如龙湖2007年),负责牵头协调,实践中职能负责人兼任项目负责人的情况也很常见(如万科、中海);(3)强矩阵下,存在专职的项目负责人,可能还存在项目经理的项目经理,即营运副总。强矩阵的“强”不能理解为“项目经理强,而职能弱化”。

内容摘要：本工程采取¬邀请招标方式确定由乙方承建,为了明确双方的责任、权利及义务,根据《中华人民共和国合同法》,并结合东莞市有关规定和本工程的具体情况,订立本合同。

内容摘要：古罗马著名诗人奥维德(Ovid)说,没有什么比习惯的力量更强大(Nothing is more powerful than habit)。

内容摘要：Abstract: Tourism real estate is considered as an attractive combination of the tourism industry and the realestate industry, which has been growing in the past decades. However, the unexpected growth leads to someproblems challenging the justification and sustainability of the development of it. Dali, located in the northwestof Yunnan province, has the ideal locality, landscape and resource for tourism real estate development.The unique pattern of development and external market oriented sale strategy not only attract the developersand investors but also provide researchers the tourism real estate as a good case to study in historic town. Thispaper provides a case study of Dali and the field work was carried out substantially in 2008 and 2009. Thispaper reveals the development process of tourism real estate in Dali, a historical town. A dual-dimensionalproduct spectrum including length of time for use and state of property ownership is constructed to classify

内容摘要：根据前期销售的实际情况和贵司的基本要求¬——一、保证晶港城购物中心的经营;二、尽快地回收资金,因此需要对整体的销售策略重新进行调整。

内容摘要：根据前期销售的实际情况和贵司的基本要求¬——一、保证晶港城购物中心的经营;二、尽快地回收资金,因此需要对整体的销售策略重新进行调整。

内容摘要：根据前期销售的实际情况和贵司的基本要求¬——一、保证晶港城购物中心的经营;二、尽快地回收资金,因此需要对整体的销售策略重新进行调整。

内容摘要：Our base case for 1H13E housing prices is +5% in the large cities, withupside risks. We discussed in our July 2012 report (click here) that shorttermhousing prices correlate with liquidity. The liquidity that drove housingprices higher in 2H12 should continue to do so in 1H13E, with tier 1 cities’housing prices potentially rising much higher. With CPI rising, however,China’s 2013E monetary policy may not be as loose as in 2012, and potentialpolicy risks create uncertainties for the housing price trend in 2H13E.

内容摘要：Without a return to property price appreciation via a significant policy reversal by the central government, developers’ over-investment in the inflationary boomperiod has left them facing sub-cost of capital returns due to falling developmentmargins, low asset turns and highly leveraged balance sheets. To improve theirreturn on capital - and the multiples on which their shares are valued – developersneed to change their business models in our view. We believe this will not be easy inthe near term.

内容摘要：第一节:常用数据部分——————————————————————————第04页第二节:全地下停车库——————————————————————————第07页第三节:地下开敞式停车库¬————————————————————————第 10页第四节:半地下停车库——————————————————————————第13页第五节:半地下开敞式停车库———————————————————————第15页第六节:地上开敞式停车库————————————————————————第18页

内容摘要：Major acquisitions in China fell 5% from the previous quarter to US$4.3 billion. Acquisitionsin the residential sector fell 69% with only one major transaction recorded, while no majorinvestment transactions were completed in the industrial property sector. The decreasedlevel of investment in China was due to a number of factors including the higher levelsof activity recorded in the fourth quarter of 2009, the traditionally quiet period duringthe Chinese New Year and investors turning more cautious in light of the stricter rulesand controls governing real estate investment. It should further be noted that the US$4.3billion worth of transactions was partly inflated by the US$2.2 billi

内容摘要：战争结果不在开始的成败,The battle is not the victory of the war started,而应看最终的决战and should see the final showdown

内容摘要： 根据前期销售的实际情况和贵司的基本要求¬——一、保证晶港城购物中心的经营;二、尽快地回收资金,因此需要对整体的销售策略重新进行调整。

内容摘要：根据前期销售的实际情况和贵司的基本要求¬——一、保证晶港城购物中心的经营;二、尽快地回收资金,因此需要对整体的销售策略重新进行调整。

内容摘要：朝东的房子好处是什么?¬阳光光照时间早,新空气易流通,不西晒,夏天凉快,非常适合早睡早起的人,晨光能带给你朝气蓬勃的心境,让你的一天从冉冉升起的太阳开始。¬

内容摘要：本工程采取¬邀请招标方式确定由乙方承建,为了明确双方的责任、权利及义务,根据《中华人民共和国合同法》,并结合东莞市有关规定和本工程的具体情况,订立本合同。

内容摘要：• Our prediction on office rental remains unchanged at 20% over the next 12 months.• Luxury rentals will edge up by another 15% over the next 12 months.• 預測未來12個月辦公樓租金升幅仍然維持在20%