Apartment Choice

Miramar Hotel and Investment Company, Limited announced today the unaudited interim results for the six months ended 30 June 2017 . * Underlying profit attributable to shareholders and underlying earnings per share are calculated by excluding the post-tax effects of the property revaluation movements and other non-operating and non-recurring items such as net gain on disposal of a subsidiary For the six months ended 30 June 2017 (the "Reporting Period"), the Group`s unaudited revenue was HK$1,559 million, representing a growth of 5% compared to the six months ended 30 June 2016 (the "Last Corresponding Period"). Excluding the increase in fair value of our investment properties of HK$416 million and the one-off net gain on disposal of a subsidiary with a property in Central of HK$32 million, unaudited basic underlying profit attributable to shareholders surged significantly by 27% to approximately HK$333 million. The basic underlying earnings per share we...

RICHMOND, Va.--( BUSINESS WIRE )-- Landmark Apartment Trust , Inc. (“Landmark” or the “Company”), a multifamily real estate investment trust with assets located in select metropolitan areas throughout the Southern United States , announced today that it has entered into a definitive merger agreement (the “Merger Agreement”) pursuant to which it will be acquired by Monument Partners, L.L.C. (“Monument”), an entity owned by affiliates of Starwood Capital Group and Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone”), in an all- cash transaction valued at approximately $1.9 billion, including the assumption of existing debt. Upon completion of the transaction, Landmark will become a privately held company. Pursuant to the terms of the Merger Agreement, Monument will acquire all of the outstanding common stock of Landmark and all of the outstanding common units of Landmark’s operating partnership, Landmark Apartment Trust Holdings, LP, for $8.17 per share or...

When American doctor Stephen Yoon thinks of North Korea, he does not think of ballistic missile tests or the threat of nuclear war. He remembers instead a 10-year-old girl with cerebral palsy, who suffered from spastic quadriplegia that made her unable to stand or sit. Five years ago, she went to Yoon's developmental-disability program at Pyongyang Medical University Hospital , where she received treatments from Yoon and his team of local doctors. After almost a year of exercise therapy and some surgeries, she walked out of the hospital on her own. The event was heralded in North Korean state media as a national victory, but it received no notice in the U.S., where few people even know about the roughly 200 Americans like Yoon who work and live under the rule of Kim Jong Un. Carefully monitored by the regime, they have come and gone for years, doing educational, medical or infrastructural work, and sometimes raising families in a nation that has been officially at war with the ...