King Charles's property management company, the Crown Estate, reported £1.2bn in profit for the last financial year, with two-thirds coming from offshore windfarms. This marks the third consecutive year of over £1bn in profit, significantly boosting funding for the monarchy and the UK Treasury.
A Shanghai company has been ordered to pay a woman employee 690,000 yuan (US$101,000) for illegally firing her because her husband works for a rival firm. Xuhui District People’s Court made the ruling in Shanghai in late April, the Yangtze Evening News reported. The woman, surnamed Liu, started working at the company in 2006. The firm’s name was not disclosed in the report, only that it operates in the property management industry. At the end of 2023, Liu received a notice from her employer...
Hong Kong's property management sector faces up to 25% security staff shortage. Richland Gardens in Kowloon Bay hired 31 mainland Chinese guards through a government labour scheme, drawing criticism from lawmakers and social media users concerned about local job losses. The owners' corporation says recruitment was necessary after four years of staffing difficulties.
Venture-capital firms are bringing AI and dealmaking to accounting, property management and other unglamorous fields.
