prevent injury to persons, avoid suspension of necessary services, avoid penalties or fines, or suspension of services to tenants required by a lease or rental agreement or by law, including, but not limited to, maintaining the Property in a condition fit for human habitation as required by app...
The Group is proactively engaging with its tenants to lock in renewals ahead of their lease expiry dates. It is also seeking to tap new emerging industries with growth potential, such as co-working operators and technology-driven sectors. In January 2017, the Group signed an agreement to ...
Investment Properties The Group's investment properties include its commercial portfolio held for rental income (comprising office, retail, industrial and residential for lease), as well as hotels that are under the master lease structure, which earn rental income. The Group adopts a conservative ...
The guarantee covers lost rental income the landlord would suffer if 3i DM US reneged on its lease obligations. The current lease runs to October 2014 and the maximum exposure that 3i Corporation could be exposed to is US $550k. At 30 September 2013, there was no material litigation ...
On 3 June 2020, the arbitral tribunal issued its partial award with respect to the 1st Arbitration (the "1st Partial Award for the 1st Arbitration") and dismissed the Claimant's various claims against the Company for damages for breach of a shareholders' agreement (the "SHA"), conspiracy ...
21 City Developments Limited and its subsidiaries Interim financial statements Six months ended 30 June 2022 Valuation of investment properties The Group's investment properties portfolio include its commercial portfolio held for rental income (comprising office, retail, industrial and residential for lease...
A long master lease agreement has been signed with the Distrii, the coworking company in China that the Group has an equity stake in it. This will remove all lease-up risk. An Asset Enhancement Initiative (AEI) will be carried out to enhance the asset. The Group's investments in China'...