Fortune Real Estate Investment Trust says its portfolio of eleven retail malls continued to deliver a stable and sustainable growth in 1H09 amid the challenging market conditions.
The total revenue and income available for distribution rose 8.2% and 7.1% respectively in 1H09 over 1H08.
Fortune REIT’s property portfolio was valued at HK$8.9 billion ($1.7 billion) as at June 30, an increase of 3.5% from Dec 31, 2008.
Fortune Real Estate Investment Trust says its portfolio of eleven retail malls continued to deliver a stable and sustainable growth in 1H09 amid the challenging market conditions.
The total revenue and income available for distribution rose 8.2% and 7.1% respectively in 1H09 over 1H08.
Fortune REIT’s property portfolio was valued at HK$8.9 billion ($1.7 billion) as at June 30, an increase of 3.5% from Dec 31, 2008.
Can Legitimate Small Business Groups be Funded by Fortune 500 Firms? Can an organization claim to represent the interests of small businesses and never lift…
Sprint CEO Dan Hesse told Fortune Brainstorm Tech conference-goers that Sprint would offer a mobile phone running the Google Android operating system in 2009, sources say. Hesse, who called the Palm Pre launch a coming-out party for Sprint, said it was still too early to call the Pre smartphone a hit, according to Reuters.
– Sprint CEO Dan Hesse, speaking at the
Fortune Brainstorm Tech conference on July 24, said the nation’s third-largest
carrier would offer a mobile device running the Google Android operating system
later in 2009, according to multiple sources.
Reuters
reported that Hesse didn’t say which vendo…
NEW YORK (Fortune) — Regional banks can no longer ignore the elephant in the room — their exposure to the commercial real estate bust.
Though housing markets remain weak, analysts expect credit problems over the next year to center on comme…
Real estate agents say they have never seen prices drop so precipitously when dealing with opulent, often empty high-end homes along the North Shore that cost a small fortune to maintain and keep secure. Though homes in the $400,000-to-$700,00…
Farrah Fawcett has left none of her multimillion fortune to her longtime lover Ryan O’Neal, it has emerged.
The Charlie’s Angels star, who died of cancer at 62 last month, bequeathed a large sum of money to the couple’s drug-addicted 24-year-old son, Redmond, but willed nothing to her on-again/off-again partner of nearly thirty years, The [...]
Some people, when their car starts faltering, have the good fortune – and the resources – to scrap the imperfect parts and replace them with shiny new elements. Other people, in the same situation, have no option but to spray some oil on the culpable components and hope the performance improves.
Some people, when their car starts faltering, have the good fortune – and the resources – to scrap the imperfect parts and replace them with shiny new elements. Other people, in the same situation, have no option but to spray some oil on the culpable components and hope the performance improves.
Yesterday, I posted an article to the Huffington Post titled, “Fortune 500 Firms Masquerade as Small Business Lobby.” This morning both the U.S. Women’s Chamber…
For the last seven years I have fought with the United States Government in the courts, in Congress and in the media over one simple…
Most Fortune 1000 companies today are currently between 15 to 30 percent virtualized. There are still a lot of obstacles to overcome in order to move more virtualization projects forward. The biggest virtualization challenge facing organizations is how to manage the virtual infrastructure. Here, Knowledge Center contributor Alex Bakman explains how IT staffs can dramatically improve performance and utilization efficiencies in their virtualization projects.
– Organizations today are rapidly virtualizing their infrastructures. In doing so, they are experiencing a whole new set of systems management challenges. These challenges cannot be solved with traditional toolsets in an acceptable timeframe to match the velocity at which organizations are virtualizin…
“One of the factors feeding the App Store’s growth,†explains Philip Elmer-DeWitt (fortune.com) “is the size of the installed base.†That would be the 40 million iPhone and iPod touch customers with a healthy appetite for games and other applications. “The other is the variety and sheer quantity of applications,†now more than 65,000 strong, more than 58,000 of those in the U.S. App Store alone.
