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Vigers appointed as “Independent Property Valuer”

Hong Kong, 29 May 2013 – International Property Consultant Vigers Appraisal and Consulting Limited (Vigers) was appointed by “LHIL Manager Limited” (as the trustee-manager of Langham Hospitality Investments) and “Langham Hospitality Investments Limited” as “Independent Property Valuer” for market value assessment of the aforesaid three hotels for inclusion in the Prospectus regarding the “Global Offering” of “Share Stapled Units” jointly issued by “Langham Hospitality Investments” and “Langham Hospitality Investments Limited”.

Mr. David Cheung, Executive Director of Vigers; and Mr. Franky Wong, Assistant Director of Vigers both congratulate the successful listing of “Langham Hospitality Investments” and “Langham Hospitality Investments Limited” on the Main Board of “The Stock Exchange of Hong Kong Limited”, and believe that the superb completion of this valuation assignment relies on strong market sense of Vigers team which facilitates professional, unbiased and pragmatic work attitude for provision of excellent valuation and consultancy services to clients.

“Langham Hospitality Investments” and “Langham Hospitality Investments Limited” (1270.HK) is the first fixed single investment trust in Hong Kong on hospitality industry with the initial hotel portfolio comprising “The Langham, Hong Kong”, “Langham Place, Hong Kong” and “Eaton, Hong Kong”. The stock is released from 30 May 2013 and according to the prospectus, the net proceeds from the Global Offering which “Langham Hospitality Investments” and “Langham Hospitality Investments Limited” would receive is approximately HK$4,079 million.

About VIGERS

With over 170 years of global experience, Vigers has established an excellent reputation in many areas in real estate market including valuation, corporate property services, investment advisory services, asset and facilities management services, general practice surveying, and building consultancy. Our global presences are intra-linked and renowned for providing comprehensive coverage to meet property requirements throughout the globe.

– End –

For valuations inquiry, please contact:

Mr. Franky Wong
Appraisal & Consulting
Tel: +852 6308 0486
Email: frankywong@vigers.com

For media inquiry, please contact:

Mr. Kris Leung
Corporate Communications
Tel: +852 6309 5880
Email: krisleung@vigers.com

Vigers awarded “Best Surveyor” & “Best Property Management”

Hong Kong, 25 Sept 2015 – International Property Consultant Vigers Group has been awarded as the “Best Surveyor” and “Best Property Management” from GoHome Award 2015, which is held in 24 September in Grand Hyatt Hotel in Wanchai, Hong Kong.

These 2 awards mark our commitments to the industry over the years, in the aspect of property appraisal and consulting services and property management services to our esteem clients. Sr. Raymond Ho, managing director of Vigers, with executive director Mr. William Lai led a team to participate the award ceremony on the big day and received the trophies from the CEO of GoHome.com, a worldwide Malaysia-based giant media group in property industry. “Our professional appraisal and property management services paid off after many years of quality works provided to our clients. In this dynamic market Vigers has to strive and keep up our good works so as to retain our customers. We promise here to continue providing quality services in the coming future.” say Raymond in the ceremony.

Vigers dedicates to offering quality appraisal services to clients, as well as our signature property management services. Besides these two awarded areas, Vigers also provides building consultancy and security services to the market. Today it marks our great momentum in Vigers history.

Sr. Raymond Ho (middle), Vigers managing director and Mr. William Lai (left), Vigers executive director, together received the awards from GoHome.com in the ceremony.

About VIGERS

With over 170 years of global experience, Vigers has established an excellent reputation in many areas in real estate market including valuation, corporate property services, investment advisory services, asset and facilities management services, general practice surveying, and building consultancy. Our global presences are intra-linked and renowned for providing comprehensive coverage to meet property requirements throughout the globe.

– End –

For valuations inquiry, please contact:

Mr. Franky Wong
Appraisal & Consulting
Tel: +852 6308 0486
Email: frankywong@vigers.com

For media inquiry, please contact:

Mr. Kris Leung
Corporate Communications
Tel: +852 6309 5880
Email: krisleung@vigers.com

Sydney Office

Research - Sydney Office

Albeit the country is at the end of the mining boom, the Sydney economy expanded strongly in 2015-2016, with 4.5% GDP growth rate during the period, outpacing the national level of 2.4%. The Australian economy has been transitioning from mining dependent to service-based in the past years. Benefiting from the lower exchange rate, service exports, including tourism and education, have picked up and reached a total amount of AUD 49.5 billion in 2015, 62% higher than 10 years ago. The service sector is expected to be supported by a steady increase in household consumption and investment as wages and employment rise. At the same time, the service sector employment has positive growth which will continue underpinning healthy tenant demand for office space.

On the supply side, due to the continuously rising residential property prices, quite a number of office buildings were changed to residential, resulting in office supply lagging behind its demand growth. Besides, some office buildings were requisitioned for accomodating the new metro project and revamp of Circular Quay, exacerbated the situation of tight supply.

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