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Real Estate Development & Operations

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Shanghai New Huang Pu Real Estate to sell stake and creditor's rights in real estate firm

Friday, 20 Oct 2017

Oct 20(Reuters) - Shanghai New Huang Pu Real Estate Co Ltd <600638.SS>:Says it plans to sell 25 percent stake and creditor's rights of 48.2 million yuan in a Shanghai-based real estate firm via listing on equity exchange, for no less than 957.5 million yuan.Previous news was disclosed on June 20.

Purplebricks says ASA issued conclusion on 2 issues on TV adverts in UK

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Purplebricks Group Plc ::ASA HAS ISSUED ITS CONCLUSION ON TWO ISSUES RELATING TO PURPLEBRICKS TV ADVERTS IN UK​.‍FIRST ISSUE, WHETHER TV ADVERTS IMPLIED THAT PURPLEBRICKS DID NOT CHARGE A FEE FOR ITS SERVICE, WAS DISMISSED BY ASA​.‍ON SECOND ISSUE, ASA AGREED IT WASN'T SUFFICIENTLY CLEAR IN TV ADVERTS FOR CONSUMER, THAT FLAT FEE WAS PAYABLE TO CO IN ALL INSTANCES​.‍PURPLEBRICKS HAS ALREADY UPDATED ITS UK TV ADVERTS TO MAKE THIS EVEN CLEARER. NEW WORDING HAS BEEN APPROVED BY CLEARCAST​.‍WHILE NEW TEXT HAS ONLY BEEN AIRED FOR A COUPLE OF DAYS, THERE HAS BEEN NO NOTICEABLE IMPACT ON BUSINESS​.

Foxtons reports Q3 revenue of 10.3 million stg

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Foxtons Group Plc ::Q3 REVENUE 10.3 MILLION STG VERSUS 12.3 MILLION STG YEAR AGO.FOXTONS GROUP PLC - Q3 ‍TOTAL REVENUE OF £35.1M (2016: £37.5M)​.FOXTONS GROUP PLC - Q3 ‍LETTINGS REVENUE OF £22.5M (2016: £22.9M)​.FOXTONS GROUP PLC - Q3 ‍SALES REVENUE IN QUARTER WAS £10.3M (2016: £12.3M)​.‍Q3 REVENUES IN OUR MORTGAGE BUSINESS, ALEXANDER HALL, WERE IN LINE WITH PRIOR YEAR AT £2.3M​.

Realia 9-month EBITDA up 8.9 pct at 32.9 mln euros YoY

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - REALIA BUSINESS SA ::9-MONTH NET PROFIT 25.4 MILLION EUROS VERSUS 89.2 MILLION EUROS YEAR AGO.9-MONTH REVENUE 75.2 MILLION EUROS VERSUS 71.7 MILLION EUROS YEAR AGO.9-MONTH EBITDA 32.9 MILLION EUROS VERSUS 30.2 MILLION EUROS YEAR AGO.OCCUPANCY RATE 93.8 PERCENT AT END-SEPT. VERSUS 92.3 PERCENT AT END-SEPT. 2016.

Tsuchiya Holdings sets up split preparatory company to take over partial house business of unit

Friday, 13 Oct 2017

Oct 13 (Reuters) - Tsuchiya Holdings Co Ltd <1840.T>:Says it sets up a split preparatory company on Oct. 13, to take over partial house business of wholly owned unit , effective Feb. 1, 2018 .

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