Core Viewpoint - Hong An Real Estate (01243) and Hong An Group (01222) announced a joint venture agreement for property acquisition, indicating a strategic move to enhance their investment portfolio and operational profitability through collaboration with experienced investors [1] Group 1: Joint Venture Agreement - Hong An Real Estate's indirect wholly-owned subsidiary, Prime Resonance, has entered into a shareholder agreement with ADPF Oregon and Harmonia Crest Limited for property acquisition [1] - The property in question is registered under multiple land lots in Kowloon, Hong Kong, and currently operates as "Yue Yi Hotel • Mong Kok" [1] Group 2: Strategic Benefits - The collaboration with ADPF Oregon is seen as a valuable opportunity to leverage Hong An Group's expertise in property investment and asset management [1] - The partnership aims to enhance and expand the investment property portfolio while generating operational profit shares for both Hong An Group and Hong An Real Estate [1]

Core Viewpoint - Hong Kong's Macro Properties (01243) and Macro Group (01222) announced a joint venture agreement for property acquisition, enhancing their investment portfolio and operational profits through collaboration with experienced investors [1] Group 1: Joint Venture Agreement - Macro Properties' indirect wholly-owned subsidiary, Prime Resonance, has entered into a shareholder agreement with ADPF Oregon and Harmonia Crest Limited for property acquisition [1] - The property in question is registered under multiple land lots in Kowloon, Hong Kong, currently operating as "Hotel MOKO" [1] Group 2: Strategic Benefits - The collaboration with ADPF Oregon is seen as a valuable opportunity to leverage Macro Properties' expertise in property investment and asset management [1] - The partnership aims to enhance and expand the investment property portfolio while generating operational profit shares for both Macro Group and Macro Properties [1]

Core Viewpoint - Longfor Group Holdings Limited has demonstrated resilience in its property investment strategy despite the impact of the pandemic, achieving significant growth in rental income and expanding its operational footprint across multiple cities in China [1][2]. Group 1: Financial Performance - For the first half of 2020, Longfor Group reported a rental income of 3.36 billion yuan, representing a year-on-year increase of 30.4% [1]. - The revenue breakdown from property investment includes 77.4% from shopping malls, 21.8% from rental housing, and 0.8% from other sources [1]. - As of June 30, 2020, Longfor's commercial properties had an overall occupancy rate of 94.7%, with 40 shopping malls opened across 25 cities, totaling a built area of 3.87 million square meters [1]. Group 2: Business Expansion and Innovation - Longfor Group's new shopping mall, Nanjing Longwan Tianjie, opened in June 2020 with a rental rate of 99%, attracting over 460,000 visitors and generating total sales of 35.1 million yuan within three days [1]. - The company is actively exploring new business models such as "online live streaming," "outdoor operations," and "night economy" to adapt to changing consumer behaviors and enhance revenue post-pandemic [1]. - Longfor's rental housing business, Longfor Guan Yu, has opened operations in over 30 high-potential cities, with a total of 79,000 rooms available and an occupancy rate of 88.6% for properties open for more than six months [2]. Group 3: Strategic Outlook - Longfor Group remains optimistic about its investment property segment, indicating that short-term challenges will not deter its long-term growth strategy [2]. - The company aims to continuously refine its space creation and service offerings to foster better connections between people and spaces, thereby enhancing its growth potential [2].

Core Viewpoint - Republic HC's subsidiary, Republic Resources Corporation, has entered into an agreement to purchase a property in the Philippines for 21.418 million pesos, indicating a strategic move to enhance its office space and long-term investment potential [1][2]. Group 1: Property Acquisition Details - The property is located at Unit 1605, The Gentry Corporate Plaza, Makati City, with a saleable area of approximately 80 square meters [1]. - The property is currently under construction and will be developed into a mixed-use project, including office space and multi-level parking [1]. - The seller is required to complete the property according to the architectural plans by April 2025, with the possibility of extensions as per the agreement [1]. Group 2: Investment Rationale - The property is situated in Manila's prime business district, offering excellent long-term investment potential [2]. - It is a freehold property, providing additional security and ownership benefits [2]. - The acquisition price is significantly discounted compared to the current market price, making it an attractive investment [2]. - Given the rising rental costs in the area, purchasing the property is more economical than leasing, providing financial stability and capital appreciation potential [2].