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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's secondhand property market is 'very buoyant,' says real estate investment firmPeter Churchouse, managing director of Portwood Capital, says China's property sector may be "particularly bad," but "it's wrong to be totally, universally negative about the sector."
Persons: Peter Churchouse Organizations: Portwood
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong budget: Real estate expert discusses the scrapping of property curbsPeter Churchouse, managing director of Portwood Capital, discusses Hong Kong's budget for 2024-25 and explains why he's rethinking his forecast on property prices.
Persons: Churchouse Organizations: Hong, Portwood Locations: Hong Kong
An urban view of high-rise buildings at dusk as seen from Hong Kong's Victoria Peak. Stocks of Hong Kong developers rose after Financial Secretary Paul Chan scrapped property cooling measures in a bid to bolster the sector, which has been weighed down by high borrowing costs and weak economic sentiment. Churchouse added that this could "be a bit of a positive flip" for the wider Hong Kong stock market as it is highly correlated with the residential property market. Hong Kong's stock markets have plunged around 40% from its highs a couple of years ago. Hong Kong's government is also rolling out over 1 billion Hong Kong dollars ($127 million) to support its tourism industry.
Persons: Chan, Paul Chan, Peter Churchouse, Churchouse, Hong Organizations: Hong, Portwood, Kong's Monetary, Hong Kong Locations: Hong, Victoria, Hong Kong
Source: Salad and GoWhen Sweetgreen went public two years ago, co-founder and CEO Jonathan Neman said the salad chain aspired to be the "McDonald's of its generation." But another salad rival could beat Sweetgreen to the punch: Salad and Go. One of its 48 ounce salads costs less than $7 and comes with chicken or tofu, while a comparable salad from Sweetgreen costs about $12. Two years later, Morrison took over as chief executive, departing Wall Street's favorite chicken wing chain after a decade in favor of a little-known salad chain that then had only 50 locations. Other salad players, such as Sweetgreen, Just Salad or Salata, are usually in the same markets as Salad and Go.
Persons: Sweetgreen, Jonathan Neman, Charlie Morrison, Morrison, Wall, Adam Jeffery, Go, We've, Nicole Portwood, Portwood, hasn't Organizations: Volt Investment, CNBC Locations: Arizona , Nevada , Oklahoma, Texas, Southern California, Englewood Cliffs , New Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReal estate expert discusses investment opportunities in Asian propertyPeter Churchouse, the founder of Portwood Capital, a leading real estate investment company, discusses the best places to buy a property in Asia.
Persons: Peter Churchouse Organizations: Portwood Locations: Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong's property market is the most volatile in the world — by far, says investment firmPeter Churchouse of Portwood Capital says expect continued weakness in the Hong Kong property market as the "very negative sentiment" will probably continue over the next six to 12 months.
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