HONG KONG (Jan 19): Private equity investment house Blackstone Group LP said on Thursday that it is actively pursuing further property investments in China, after a fund it controls turned a profit on the sale of its stake in a real-estate joint venture with Evergrande Real Estate Group Ltd.

HONG KONG (Jan 19): Hang Lung Properties Ltd , Hong Kong's third most valuable developer, said on Thursday that it expects leasing profits from China to soon surpass Hong Kong.

The company currently draws 48% of its leasing profit from mainland China properties and 52% from Hong Kong.

KUALA LUMPUR (Jan 19): Malaysian Mosaics Bhd (MMB), the manufacturer of the MML brand of ceramic tiles, has created the first-eco-friendly tile in Malaysia.

The product called Oxida has been awarded the Green Label certification by the Singapore Environment Council (SEC) recently.

KUALA LUMPUR (Jan 19): Guocoland Bhd's net profit more than halved to RM40,000 for 2QFY12 ended Dec 31, 2011 from RM1.04 million. Revenue was lower at RM27.7 million against RM30 million in the previous corresponding period.

KUALA LUMPUR (Jan 19): Quill Capita Trust (QCT), which is managed by Quill Capita Management Sdn Bhd, posted RM8.07 million in net profit for 4QFY11 ended Dec 31, up 6.4% from RM8.12 million a year ago due to higher property operating expenses.

BEIJING (Jan 19): China's course through the most testing economic conditions since the global financial crisis is getting bumpier, as data on Wednesday showed stuttering investment flows, tight credit and falling home prices coinciding with a difficult trade outlook.

Axis REIT (Jan 18, RM2.73)

LONDON (Jan 18): Chinese investors are buying British farmland. Though the sums involved are modest compared to the billions they spend on agricultural land in Africa, Latin America, and the United States, they are expected to grow.

HONG KONG (Jan 18): Falling rents are giving tenants a chance to upgrade at lower cost.

HONG KONG (Jan 18): The Housing Society's new private residential project Heya Green — due to go on sale this year — is expected to be priced at a level that will prove attractive to buyers and agents.