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Real Estate Development & Operations

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Immofinanz completes sale of Gerling Quartier

2:10am EDT

July 24 (Reuters) - IMMOFINANZ AG ::DGAP-NEWS: IMMOFINANZ AG: IMMOFINANZ COMPLETES THE SALE OF THE GERLING QUARTIER TO QUANTUM AND PROXIMUS.COMMERCIAL PROPERTIES INVOLVED IN SALE HAD A BOOK VALUE OF SUBSTANTIALLY MORE THAN EUR 100 MILLION AT END OF 2016.‍SALE PRICE EXCEEDED BOOK VALUE​.OUTSTANDING OBLIGATIONS FOR TRANSFER AND COMPLETION OF COLOGNE PROPERTIES WILL HAVE NEGATIVE EFFECT ON RESULTS OF PROPERTY DEVELOPMENT.THIS IS EXPECTED TO LEAD TO A NEGATIVE EARNINGS CONTRIBUTION (PRE-TAX) OF APPROXIMATELY EUR -10.0 MILLION IN Q2 OF 2017.

Starmalls clarifies on article posted in Business Mirror

12:15am EDT

July 24 (Reuters) - Starmalls Inc :Clarifies on article entitled “Starmalls still assessing options as a listed firm” posted in Business Mirror.Confirms that co is studying its options relating to public float and status as listed co should the SEC eventually approve said new MPO requirement.

Societe de la Tour Eiffel H1 net profit up at 8.0 million euros

Friday, 21 Jul 2017 12:00pm EDT

July 21 (Reuters) - SOCIETE DE LA TOUR EIFFEL SA ::H1 CONSOLIDATED TURNOVER EUR ‍​44.3 MILLION VERSUS EUR 36.6 MILLION YEAR AGO.H1 RENTAL INCOME EUR ‍​34.4 MILLION VERSUS EUR 28.9 MILLION YEAR AGO.H1 NET PROFIT EUR 8.0‍​ MILLION VERSUS EUR 5.7 MILLION YEAR AGO.H1 CURRENT OPERATING INCOME EUR 12.1‍​ MILLION.H1 CASH FLOW EUR ‍​24.9 MILLION VERSUS EUR 20.8 MILLION YEAR AGO.TRIPLE NET EPRA NAV PER SHARE AT JUNE 30 EUR 57.3 VERSUS EUR 58.9 YEAR AGO‍​.

Redco Properties enters into facility agreement for US$202 million transferable term loan facility

Friday, 21 Jul 2017 10:40am EDT

July 21 (Reuters) - Redco Properties Group Ltd <1622.HK>:Co (as borrower), certain subsidiaries of co, certain financial institutions and a facility agent entered into facility agreement.Agreement in respect of a US$202 million transferable term loan facility.Subject to terms of facility, total commitment under facility may be increased to not more than US$220 million as a result of accession of lender.

Rowsley says qtrly net profit S$1.2 mln

Friday, 21 Jul 2017 09:37am EDT

July 21 (Reuters) - Rowsley Ltd ::Qtrly revenue S$22.5 million, up 1 percent.Qtrly net profit S$1.2 million versus loss of s$5.3 million.

Man Sang International says FY loss attributable HK$128 mln

Friday, 21 Jul 2017 08:05am EDT

July 21 (Reuters) - Man Sang International Ltd <0938.HK>::FY revenue HK$194.2 million versus HK$190.7 million.FY loss attributable HK$128 million versus profit of HK$51.2 million.

Sapura Resources says unit enters MoU with Lufthansa Technik AG

Friday, 21 Jul 2017 07:17am EDT

July 21 (Reuters) - Sapura Resources Bhd ::Unit sapura aero entered into memorandum of understanding with Lufthansa Technik Ag.MoU for purpose of setting up maintenance, repair, overhaul service provider in area of narrow-body& wide-body aircraft base maintenance.

Applied Development announces termination of capital injection into Yancheng Herong Property Development

Friday, 21 Jul 2017 06:54am EDT

July 21 (Reuters) - Applied Development Holdings Limited <0519.HK>:Termination of major transaction in relation to capital injection into Yancheng Herong Property Development Company Limited .Company, original shareholders and Yancheng Herong entered into a termination agreement.

Fragrance Group appoints Chen Loong Mey as CFO

Friday, 21 Jul 2017 06:11am EDT

July 21 (Reuters) - Fragrance Group Ltd ::Announces appointment of Chen Loong Mey as chief financial officer.

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