Summary We consider Daikin’s shares expensive due to signs of slowing demand in Japan, China, and Europe. Concerns include market share loss in Japan and the U.S., as well as negative impact from the weakening Chinese real estate sector.
Macau’s MdME, DSL to combine to create “leading international law firm”
Macau law firm DSL Lawyers is set to integrate with domestic counterpart MdME, according to the leaders of both firms. The combined firm, with 12 partners, will operate under the MdME brand.
Asset Managers Look to Sell Hong Kong Buildings as Higher Rates Bite
Sources said a few larger asset managers, eager for swift disposals, were starting to sell Hong Kong assets at discounted prices. KaiLong Group is putting two of its buildings – which both have loan facilities due this year – on the market with the deadline for non-binding bids later this month, two sources with knowledge of the matter said.
Location, flexibility and quality shapes the future of how people live, work and shop in Bahrain: CBRE survey
In the first survey of its kind, CBRE polled more than 100 people in Bahrain – representing multiple generations from Gen Z to Baby Boomers – to understand how their living, working, and shopping …
Qatar radar: No discount to settle violation for using mobile phone while driving
Violations detected by the radar for using a mobile phone do not qualify for any discounts, as this radar simultaneously identifies …
Palestine: occupation of Palestinian agricultural land by settlers, protected by the army
Occupied Palestine Several actions of occupation of Palestinian agricultural land by settlers, protected by the army, were recorded yesterday. The most …
Singapore’s US$740 million ‘wake-up call’ laundering case exposes loopholes, dents safe-haven reputation
The massive money laundering investigation is shining a light on fund flows into Singapore and has prompted questions about whether enough was done to block dubious transactions.
Dubai property transactions value grew 43% YoY in August
Dubai recorded a 43 per cent year-on-year (YoY) growth in the value of real estate transactions in August to Dhs33.7bn, according to Property Finder, as demand in the city’s property market remains …
Neighborhood nuisance property in New Castle now home for former foster children
However, not long ago, the property was hardly desirable. The transformation of this home begins with blight and neglect in the New Castle County community of Minquadale. Minquadale is a sliver of a …
JS Land to hand over Garden Residency project in Q3
Public-listed real estate developer JS Land Plc reported that the second quarter ended June 30, 2023 has been “challenging but satisfactory” amid a slowdown in construction and real estate activities …